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11831 Mayfield Avenue

Los Angeles (City), CA 90049
  • $3,400,000
  • STATUS: Active
  • ON SITE: 105 Days
  • MLS #: 25482071
UPDATED: 12 min ago
$3,400,000
  • 9
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,066
    SQFT
  • $561
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1961
County:

School Ratings & Info

School District:
Listing Agent(s): Andrew Weiss of Regency Property Management (310-801-8434)


Description

This exceptional opportunity presents the chance to acquire a strategically situated 7-unit apartment building in the heart of West Los Angeles. Spanning an impressive 6,066 square feet, this fully occupied multifamily property boasts a diverse unit mix, including two spacious 3-bedroom, 2-bathroom units, two cozy 2-bedroom, 2-bathroom units, a charming 1-bedroom, 1-bathroom unit, and three versatile studios without kitchens. One of these units even features a delightful front patio.Owned and meticulously maintained by a family for years, this building stands on a generous 6,386-square-foot lot, complete with onsite laundry facilities. Nestled in the esteemed Brentwood neighborhood, this property enjoys a prime location, just a short drive from the breathtaking Santa Monica coast and less than 2 miles from the renowned UCLA campus. Residents of this property will relish the proximity to a vibrant array of amenities, all within walking distance. From trendy restaurants and bars to delightful dessert spots, grocery stores, craft shops, and specialty boutiques, this location offers a rare combination of quality, convenience, and potential investment returns. This property will be exchanged under the provisions of section 1031 by the seller.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-30T19:35:05.183. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/159422885
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11831 Mayfield Avenue Los Angeles (City), CA 90049

  • Price: $3,400,000
  • Status: Active
  • On Site: 105 Days
  • Updated: 12 min ago
  • MLS #: 25482071
9
Beds
0
Baths
0
½ Baths
0.15
Acres
6,066
SQFT
$561
$/SQFT
1961
Built
Neighborhood:
C06 - Brentwood
County:
Los Angeles
Area:
C06 - Brentwood
School District:
Los Angeles Unified
Property Description
This exceptional opportunity presents the chance to acquire a strategically situated 7-unit apartment building in the heart of West Los Angeles. Spanning an impressive 6,066 square feet, this fully occupied multifamily property boasts a diverse unit mix, including two spacious 3-bedroom, 2-bathroom units, two cozy 2-bedroom, 2-bathroom units, a charming 1-bedroom, 1-bathroom unit, and three versatile studios without kitchens. One of these units even features a delightful front patio.Owned and meticulously maintained by a family for years, this building stands on a generous 6,386-square-foot lot, complete with onsite laundry facilities. Nestled in the esteemed Brentwood neighborhood, this property enjoys a prime location, just a short drive from the breathtaking Santa Monica coast and less than 2 miles from the renowned UCLA campus. Residents of this property will relish the proximity to a vibrant array of amenities, all within walking distance. From trendy restaurants and bars to delightful dessert spots, grocery stores, craft shops, and specialty boutiques, this location offers a rare combination of quality, convenience, and potential investment returns. This property will be exchanged under the provisions of section 1031 by the seller.
Exterior Features

Architectural Style Mid-Century Modern Carport YN Yes Construction Materials Stucco Direction Faces South Foundation Details Slab Lot Features Rectangular Lot Number Of Separate Electric Meters 4 Open Parking Spaces 3 Parking Features Carport Parking Total 7 Patio And Porch Features Concrete Pool Features None Pool Private YN No Roof Tar/Gravel Spa Features None Spa YN No View None View YN No

Interior Features

Appliances DishwasherDisposalGas OvenRangeRange HoodDryerWasher Cooling None Cooling YN No Fireplace Features BathGasOutside Fireplace YN Yes Flooring LaminateTileVinyl Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(s) Window Features BlindsDrapes

Property Features

Additional Parcels YN No Association YN No Cap Rate 3.65 Electric Expense 1200 Gross Income 176000 Gross Scheduled Income 180000 Insurance Expense 8000 Laundry Features Common AreaLaundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Trust Deed Maintenance Expense 18715 Net Operating Income 135000 New Construction YN No New Taxes Expense 17500 Number Of Separate Gas Meters 7 Number Of Separate Water Meters 0 Number Of Units Leased 7 Possession Close Of Escrow Rent Control YN Yes Security Features Carbon Monoxide Detector(s)Fire Detection SystemSmoke Detector(s) Senior Community YN No Sewer Other Special Listing Conditions Standard Tenant Pays Cable TVElectricity Trash Expense 300 Vacancy Allowance Rate 0 Water Sewer Expense 6000 Water Source Public Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-30T19:35:05.183. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Andrew Weiss of Regency Property Management (310-801-8434)