11728 Mayfield Ave, Los Angeles, CA 90049
11728 Mayfield Ave, Los Angeles, CA 90049
11728 Mayfield Ave, Los Angeles, CA 90049
11728 Mayfield Ave, Los Angeles, CA 90049
11728 Mayfield Ave, Los Angeles, CA 90049
11728 Mayfield Ave, Los Angeles, CA 90049
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$ 3,995,000
Est. payment | /mo

17 Beds

17 Baths

8,936 SqFt


Save
$ 3,995,000
Est. payment | /mo
Save

17 Beds

17 Baths

8,936 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,936 sqft

Price per Sqft $447

MLS Listing ID 26104890

Bedrooms 17

Construction Status Fixer

Year Built 1962

Lot Size 7,502 Sqft

Acres 0.1722

Property Sub-Type Multi-Family

Property Description

First Time Ever on the Market! 7 of 9 Units Delivered Vacant! An exceptionally rare opportunity to acquire a premier multifamily asset in the heart of Brentwood, one of Los Angeles' most prestigious and highly coveted neighborhoods. Ideally situated north of Wilshire Boulevard, approximately half a mile from the vibrant San Vicente Boulevard corridor, 11728 Mayfield Avenue offers an irreplaceable location surrounded by upscale dining, boutique shopping, and the quintessential Brentwood lifestyle. With 7 of the 9 units delivered vacant at the close of escrow, this offering presents an extraordinary opportunity for a savvy investor with vision and creativity to leave their signature on a prestigious Brentwood property. Unlike ground-up development, the existing structure and exceptionally spacious floor plans provide the foundation to transform the property into a distinguished residential asset without the need for complete redevelopment. The substantial vacancies allow an investor to bring their own design vision to life, reimagine the interiors, introduce modern finishes, and create a truly remarkable living experience while unlocking tremendous rental upside. The property features an excellent unit mix consisting of (1) Studio, (7) Two-Bedroom/Two-Bathroom units, and (1) Three-Bedroom/Two-Bathroom unit. Its generous floor plans offer the scale and flexibility to create spacious, beautifully appointed residences that complement the prestige of the surrounding neighborhood. Boasting an impressive Walk Score of 89, the property enjoys convenient access to San Vicente Boulevard's celebrated restaurants, cafEs, shopping, and neighborhood amenities. The property also benefits from proximity to Wilshire Boulevard, Santa Monica Boulevard, and the expanding Metro D Line. With a completed earthquake seismic retrofit and SB 721 inspection report, 11728 Mayfield Avenue offers a compelling foundation for its next chapter. Opportunities combining seven vacant units, expansive floor plans, and an irreplaceable Brentwood location are exceedingly difficult to replicate. This is a chance for a visionary investor to create a signature multifamily property in one of the most desirable residential neighborhoods in Los Angeles.

Location

State CA

County Los Angeles

Area Brentwood

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment None

Exterior

Parking Features Above Street Level, Carport

Garage Spaces 9.0

Waterfront Description None

View Y/N No

View None

Building

Story 2

Level or Stories Two

Construction Status Fixer

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Lyon Stahl Investment Real Estate, Inc.

Nearby Locations

Derek Reilly

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(310) 902-2909

derek@westsidederek.com

4215 Highland Ave, Manhattan Beach, California 90266, USA

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11728 Mayfield Ave