11635 and 11645 Mayfield Avenue is a prestigious opportunity to acquire pride of ownership properties in one of the best rental locations in prime Brentwood. The properties, each with their own APN, have been owned and operated by the same family for many decades. The beautiful buildings, built in 1960 and 1964, boast an ideal unit mix consisting of mostly all large 1-bedroom and 2-bedroom layouts. Each of the units have a terrific floor plan and offer an abundance of natural light. Additionally, 8 of the units are EXEMPT from rent control, which will allow an investor to immediately capture rental upside. Units feature hardwood flooring (vinyl), carpeting, spacious kitchens/bedrooms/bathrooms, walk in closets, heat and air conditioning units. These apartments exude the mid-century charm and attributes of the 1960's. Other property features include all copper plumbing, ample on-site parking (soft story retrofit has been completed on both buildings), and a sparkling pool. Walking distance to some of the Westside's best dining and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire premier assets in one of the best rental locations in all of Los Angeles. 11635 MAYFIELD AVENUE ($8,250,000) AND 11645 MAYFIELD AVENUE ($4,500,000) ARE AVAILABLE SEPARATELY OR AS A PACKAGE.

Listed By CRMLS_CA / Jonathan Taksa / Remax Commercial and Investment Realty

Last checked: Checking… • Last updated Mar 30, 2023 • Source: CRMLS_CA

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