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11627 Mayfield Ave, Los Angeles, CA 90049
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11627 Mayfield Ave Los Angeles, CA 90049

$4,950,000
  • 14 Beds
  • 10 Baths
  • 7,130 Sq.Ft.
For Sale
$4,950,000 Get Pre-Qualified
Map preview of 11627 Mayfield Ave, Los Angeles, CA 90049

Property Overview: 11627 Mayfield Ave Los Angeles, CA has 14 bedrooms, 10 bathrooms, 7,130 living square feet and 11,100 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Newly Priced! 11627 Mayfield Avenue, located in prime Brentwood, is a distinguished property with a rich history, having been in the same family's care since its construction in 1953. This 7,130 SF property is set on an expansive 11,100 sq. ft. lot and comprises Six (6) One-Bed + One-Bath units and Four (4) 2-Bed + 1-Bath units, with 7 of these 10 units being delivered vacant. Each unit is characterized by its spacious design, abundant natural light, and features evoking 1950s charm. Additional amenities include walk-in closets, heating and AC, a charming rear patio with a barbecue, and ample parking. Its prime location offers proximity to Westside's finest dining, entertainment, outdoor activities, and notable employers like UCLA, making it a lucrative investment opportunity in one of Los Angeles' premier rental locales.

Listed by David Weinberger | BRE #01349349 | Keller Williams Studio City
Co-listed by Megan Husri | BRE #02089901 | Keller Williams Studio City
Last checked: 7 minutes ago | Last updated: March 13th, 2024 | Source CRMLS | DOM: 197
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Home details

Lot Sq. Ft
11,100
HOA Dues
$0/mo
Year built
1953
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23317549
City
Los Angeles
County
Los Angeles
Time on Site
207 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,148
  • Total Rent: $12,592
  • Pro Forma/Market Rent: $12,592
Unit Breakdown 2
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,168
  • Total Rent: $13,007
  • Pro Forma/Market Rent: $16,164
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.3%
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: --
  • Net Operating Income: $214,586
  • Gross Operating Income: $303,161
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 11627 Mayfield Ave

Interior Features
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile, Vinyl, Carpet
  • Living Room, Walk-In Closet
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Carport, Assigned, Uncovered, Covered
Lot Information
  • Lot Size Source: Other
Property Information
  • Has View
  • View: Courtyard, City Lights
  • Total # of Units: 10
  • Parcel Number: 4265005003
  • Architectural Style: Mid Century Modern
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Cross Streets: Mayfield Ave & Barrington Ave
View more facts & features

Local Los Angeles Agent

Sale History for 11627 Mayfield Ave

View property's historical transactions

  • October, 2023

  • Oct 3, 2023

    Date

    Active

    CRMLS: 23317549

    $5,250,000

    Price

Tax History for 11627 Mayfield Ave

Assessed Value (2020): $359,327
Year Land Value Improved Value Assessed Value
2020 $251,064 $108,263 $359,327

Home Value Compared to the Market

This property vs the competition

11627 Mayfield Ave is listed 300.49% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $694.25 per/sqft which puts the price per square foot 10.19% lower than the median price per square foot for the city of Los Angeles.

About 11627 Mayfield Ave

Detailed summary of property

11627 Mayfield Ave is a multi family located in Los Angeles, CA 90049 and is currently for sale. This multi family property offers 14 bedrooms, 10 bathrooms, roughly 7,130 living square feet, and sits on an approximately 11,100 square foot lot. 11627 Mayfield Ave was first listed on ArdentRealEstateGroup.com on October 4, 2023. The homeowner is currently asking $4,950,000 and was originally asking $5,250,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 300.49% higher than the median priced home. Local competing homes currently for sale include 1453 S Beverly Dr, 3729 Delmas Terrace and 3101 Bagley Ave. While the average home in Los Angeles, CA is selling in 96 days, 11627 Mayfield Ave has a days on market of 197 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 11627 Mayfield Ave Los Angeles, CA 90049 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 11627 Mayfield Ave

Public county record property details
Beds
14
Baths
10
Year built
1953
Sq. Ft.
7,130
Lot Size
11,100
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
2,3
APN
4265-005-003

The source for these homes facts are from public records.

90049 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$3,500,000
Median List Price/Sq.Ft.
$1,043
Median Sold Price
$2,225,000
Median Sold Price/Sq.Ft.
$910
Total Inventory
191
Median Sale to List Price %
115.58%
Avg Days on Market
32
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (20%), Other (5%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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