7 months on rocket

11666 Mayfield Ave, Los Angeles, CA, 90049

$7,800,000

15 Bedrooms
18 Baths
14,592 SqFt
$535/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingAssigned
Year Built1968
HeatingWall Furnace
MLS #24389451
Lot Size0.17 Acres
StatusActive

About 11666 Mayfield Ave

HUGE price reduction!!! 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.

Property Details

Property Features

Property Information:

  • Year Built: 1968
  • Stories: 4
  • Living Area: 14,592 SqFt

Listing Office:

  • Office Name: Remax Commercial and Investment Realty
  • Office Phone: (213) 817-1000
  • Listing Agent: Jonathan Taksa

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 15

Exterior Features

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: Prime Brentwood. Just West of San Vicente Blvd. and East of Barrington Avenue.

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,800,000
  • Price Per SqFt: $535/SqFt

Tax Information:

  • Annual Amount: $79,969
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

11666 Mayfield Ave vs Los Angeles

219 DAYS ON ROCKET

+181 Days

$7,800,000

+$6.7M More

$535/SqFt

-$105 Less

KEY TAKEAWAY

This property is $6.7M more than the Median Sold Price and $105/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24389451

Listing Office:

  • Office Name: Remax Commercial and Investment Realty
  • Office Phone: (213) 817-1000
  • Listing Agent: Jonathan Taksa

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 8:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 26, 2014Home Sold
$6,000,000

Tax History

YEARPROP. TAXASSESSMENT
2021$79,969$6,661,943
2020$77,573$6,593,633
2019$77,337$6,464,347
2018$75,619$6,337,596
2017$75,619$6,213,330

History based on county public records data.

Payment Calculator

$38.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$23.4K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-778664
6
/10
  • Brockton Avenue Elementary

  • 1309 Armacost Ave

  • 0.53 miles

  • Public District Grades KG-5

school-card-donut-778665
6
/10
  • Brentwood Science Magnet

  • 740 S Gretna Green Way

  • 0.66 miles

  • Public District Grades KG-5

school-card-donut-778666
6
/10
  • Nora Sterry Elementary School

  • 1730 Corinth Ave

  • 1.02 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,176. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 11666 Mayfield Ave

What is the listing price of this property?

The listing price of 11666 Mayfield Ave property is $7,800,000.

What type of property is this?

The property 11666 Mayfield Ave is a house located in Los Angeles, California, 90049.

Is this property for sale now?

Active Listing: 11666 Mayfield Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $79,969 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 26, 2014 for $6,000,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 11666 Mayfield Ave has 15 bedrooms and 18 bathrooms.

What is the square footage of this property?

The property 11666 Mayfield Ave is 14,592 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 11666 Mayfield Ave is 1968.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles9004911666 Mayfield Ave

This home is located at 11666 Mayfield Ave in Los Angeles, CA and zip code 90049 in the Westgate neighborhood. This 14,592 square foot home, which was built in 1968, sits on a 0.17 acre lot. Features: 15 bedrooms, 18 bathrooms. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $7,800,000.

In November 2024 more than 512 listings in Los Angeles, CA were sold above the asking price. During the same period more than 177 listings were sold at asking price, while more than 657 were sold below. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. In November 2024 median list price was $1,021,532 and the average listing age was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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