$6,300,000
SOLD JUN 3, 2025
15 Beds
18 Baths
14,592 Sq Ft
7,499 Sq Ft Lot

Recently Sold

$432 Per Sq Ft

24% Below List Price

357 Days on Market

About This Home

As of June 2025

HUGE price reduction and NOW PRICED TO SELL!!! 11666 Mayfield Avenue is a rare and ideal multifamily investment opportunity in the heart of LA's famed community of Brentwood. 11666 Mayfield Avenue boasts an ideal unit mix consisting of large 1 bedroom 1 bath units and 1 bedroom 2 baths and a den units. Each of these apartments are extremely spacious, has a terrific floor plan, and offers an abundance of natural light. Current ownership has invested significant capital into the property and 80% of the units have been remodeled. The unit mix includes (12) 1-bed, 1-bath units and (3) 1-bed, 2 baths and a den unit. All of the 1-bedroom, 2 baths and a den units are EXEMPT from rent control. 11666 Mayfield Avenue is located in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. Additional property features include on-site parking for 18 cars as well as an on-site laundry facility, and the soft story parking retrofit work has already been completed by ownership. A quick walk to the high-end dining and nightlife on San Vicente Blvd., this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a prestigious turnkey asset in one of the best rental locations in Los Angeles.

Last Agent to Sell the Property

Jonathan Taksa

Remax Commercial and Investment Realty License #01366169 Listed on: 05/08/2024

Remax Commercial and Investment Realty

Last Buyer's Agent

Jonathan Taksa

Remax Commercial and Investment Realty License #01366169 Listed on: 05/08/2024

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 7,499 Sq Ft Lot

Home Design

  • Split Level Home

Interior Spaces

  • 14,592 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 18 Bathrooms

Parking

  • 18 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 15 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 4265-004-021

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 14592
  • Lot Acreage: 0.1722
  • Stories: 4
  • Year Built: 1968
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 15
  • Total Bathrooms: 18.00
  • Price Per S Q F T: 476.29

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 18

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 33.33
  • Assessed Improvement Value: 2310360
  • Assessed Land Percent: 66.67
  • Assessed Land Value: 4620723
  • Total Assessed Value: 6931083
  • Assessor Parcel Number: 4265-004-021
  • Lot Size Area: 7499

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.70
  • Number Of Units: 15
  • Rent Control: 80
  • Total Annual Expense: 151075
  • Type Of Units: 1s
  • Vacancy Rate: 3%

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 Sold $6,300,000 +262948.0% $432 / Sq Ft
04/30/2025 04/30/25 Pending -- -- --
04/04/2025 04/04/25 Off Market $2,395 -- --
02/04/2025 02/04/25 Price Changed $6,950,000 -10.9% $476 / Sq Ft
12/04/2024 12/04/24 Price Changed $7,800,000 0.0% $535 / Sq Ft
10/30/2024 10/30/24 Price Changed $2,395 -4.0% $3 / Sq Ft
10/18/2024 10/18/24 For Rent $2,495 0.0% --
05/08/2024 05/08/24 For Sale $8,300,000 0.0% $569 / Sq Ft
01/12/2024 01/12/24 Price Changed $2,495 -21.9% $3 / Sq Ft
12/28/2023 12/28/23 Price Changed $3,195 +25.5% $4 / Sq Ft
10/05/2023 10/05/23 Price Changed $2,545 -5.6% $3 / Sq Ft
09/19/2023 09/19/23 Price Changed $2,695 -15.6% $4 / Sq Ft
08/26/2023 08/26/23 Price Changed $3,195 +23.1% $4 / Sq Ft
07/05/2023 07/05/23 For Rent $2,595 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-389451

The MLS