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11738-11742 Mayfield, Los Angeles, CA 90049
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11738-11742 Mayfield Los Angeles, CA 90049

$12,500,000 Sold Price as of 03/15/2023
  • 34 Beds
  • 34 Baths
  • 21,206 Sq.Ft.
Sold
$12,500,000 Sold Price as of 03/15/2023 Refinance Your Mortgage
Map preview of 11738-11742 Mayfield, Los Angeles, CA 90049

Property Overview: 11738-11742 Mayfield Los Angeles, CA has 34 bedrooms, 34 bathrooms, 21,206 living square feet and 14,744 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beautifully maintained 18-unit building constructed in 1986 in the most desirable area of Brentwood. This townhome-style building was built as condos and has 18 separate APN #'s. 16 (sixteen) Spacious 2 bedroom + 2.5 bathroom units and 2 (two) 1 bedroom + 1.5 bathroom units, situated in the heart of Brentwood. Featuring an awesome open floor plan, custom flooring throughout, extravagant closets, a patio/balcony, and spacious bathrooms. Gourmet kitchens feature the most luxurious countertops. Top-of-the-line appliances, and sleek modern cabinetry. On-site laundry facility! In close proximity to the 405 and 10 Freeways, Westwood, Century City, Santa Monica, and Olympic Blvd Tech corridor. Public transportation is readily accessible. Each unit comes with 2 assigned parking in a gated community garage.

Listed by Anisa Abji | BRE #01369597 | Coldwell Banker Realty
Co-listed by Eric Sackler | BRE #01057377 | Coldwell Banker Realty
Last checked: 7 minutes ago | Last updated: March 16th, 2023 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
14,744
HOA Dues
$0/mo
Year built
1986
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23232055
City
Los Angeles
County
Los Angeles
Time on Site
492 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 18
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,873
  • Total Rent: $52,470
  • Pro Forma/Market Rent: $6,800
Unit Breakdown 2
  • # of Units: 16
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,275
  • Total Rent: $5,795
  • Pro Forma/Market Rent: $68,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.29%
  • Gross Rent Multiplier: 17.77
  • Gross Scheduled Income: --
  • Net Operating Income: $407,343
  • Gross Operating Income: $680,553
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 11738-11742 Mayfield

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Fireplace(s)
Kitchen Information
  • Has Appliances
  • Microwave, Range, Oven
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: 40
  • Has Parking
  • Parking Features: Assigned, Community Structure, Covered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 18
  • Parcel Number: UNAVAILABLE
  • Year Built Source: Assessor
  • Architectural Style: Cape Cod
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: North Of Wilshire Blvd., West of Barrington Avenue, South of San Vicente Blvd.
View more facts & features

Local Los Angeles Agent

Sale History for 11738-11742 Mayfield

Last sold for $12,500,000 on March 15th, 2023

  • March, 2023

  • Mar 15, 2023

    Date

    Sold

    CRMLS: 23232055

    $12,500,000

    Price

  • Jan 12, 2023

    Date

    Active

    CRMLS: 23232055

    $12,400,000

    Price

Tax History for 11738-11742 Mayfield

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

11738-11742 Mayfield sold on March 15, 2023 for 942.02% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $584.74 per/sqft which puts the price per square foot 22.55% lower than the current median sale per square foot for the city of Los Angeles.

About 11738-11742 Mayfield

Detailed summary of property

11738-11742 Mayfield is a multi family that recently sold in Los Angeles, CA 90049. This multi family property offered 34 bedrooms, 34 bathrooms, roughly 21,206 living square feet, and sits on an approximately 14,744 square foot lot. 11738-11742 Mayfield was first listed on ArdentRealEstateGroup.com on January 14, 2023. The homeowner sold the property for $12,500,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 942.02% higher than the current median priced home. Local homes that are currently for sale include 9821 Acacia Ave, 887 W 15th St and 283 Avocado St. While the average home in Los Angeles, CA is selling in 92 days, 11738-11742 Mayfield has a days on market of 15 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 11738-11742 Mayfield 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 11738-11742 Mayfield

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

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
$3,750,000
Median List Price/Sq.Ft.
$1,145
Median Sold Price
$2,150,000
Median Sold Price/Sq.Ft.
$913
Total Inventory
200
Median Sale to List Price %
97.95%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (11.11%), Other (7.41%)

Thinking of Selling?

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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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