11831 Mayfield Ave, Los Angeles, CA 90049 - View 1
11831 Mayfield Ave, Los Angeles, CA 90049 - View 2
11831 Mayfield Ave, Los Angeles, CA 90049 - View 3

11831 Mayfield Ave, Los Angeles, CA 90049

List Price: $3,400,000On Market FlagOn market
Jan 13, 20256,066 sqft9 beds9 baths
Listed by: Andrew Weiss
License #: 01467173
Phone #: 310-801-8434
Regency Property Management
Source:
CRMLS Logo
MLS #: 25482071

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$40,485

TurboHome Estimated Value

$3,049,500

$503 sqft

High Valuation
$3,201,975
$528/sqft
Normal Valuation
$3,049,500
$503/sqft
Low Valuation
$2,897,025
$478/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$503/sqft$3,049,500

Neighborhood: Sawtelle

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Comparative Value

$2.20M

$2.65M

$3.40M

1819 Camden Ave, Los Angeles, CA 90025

Sale Price: $2,200,000

Selected Comparable

11755 Nebraska Ave, Los Angeles, CA 90025

Sale Price: $2,650,000

Selected Comparable

11831 Mayfield Ave, Los Angeles, CA 90049

List Price: $3,400,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
11831 Mayfield Ave, Los Angeles, CA 90049

11831 Mayfield Ave, Los Angeles, CA 90049

List: $3,400,000

Listed: 1/13/2025

Area:6,066 sqft
Price/sqft:$561
Beds:9
Baths:9
Year Built:
Lot Size:6,386

Comparable Properties

COMPARABLE
Choose comps
11755 Nebraska Ave, Los Angeles, CA 90025

11755 Nebraska Ave, Los Angeles, CA 90025

Sale: $2,650,000

10/11/20241.01 mi

Area:7,014 sqft
Price/sqft:$378
Beds:10
Baths:10
Year Built:
Weight:51.3%
1819 Camden Ave, Los Angeles, CA 90025

1819 Camden Ave, Los Angeles, CA 90025

Sale: $2,200,000

2/5/20251.46 mi

Area:4,883 sqft
Price/sqft:$451
Beds:8
Baths:8
Year Built:
Weight:48.7%

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