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11747 Mayfield Ave Los Angeles, CA 90049

$4,130,000 Sold Price as of 07/31/2019

15 Beds
9 Baths
7,120 Sq.Ft.

Sold

$4,130,000 Sold Price as of 07/31/2019 Refinance Your Mortgage

Map preview of 11747 Mayfield Ave, Los Angeles, CA 90049

Property Overview: 11747 Mayfield Ave Los Angeles, CA has 15 bedrooms, 9 bathrooms, 7,120 living square feet and 7,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: PRICE REDUCED! All financial information provided assumes that vacant Unit 5 is leased at projected rent and assumes a 4% rental increase for Units 4R, 6R and 8 as of 7/1/19. Unit mix is two (2) large 1bed+1bath units, four (4) large 2bed+1bath units, one (1) two story 2bed+1bath townhome unit, and one(1) 3bed+2bath unit. The property is a two-story, 7,120-square-foot walk-up building with a wood frame and stucco construction situated on a 7,500-square-foot lot. One (1) 1bed+1bath and three (3) 2bed+1bath units have been fully renovated with high end finishes. The renovated units feature light laminate flooring throughout, recessed lighting, custom tiled walk-in showers, in-unit washer/dryer, new kitchen cabinets and counter tops along with all stainless-steel appliances including a dishwasher and over-the-range microwave. Parking is eight (8) single spaces of which four are individually garaged. Units are separately metered for gas and electric. One common area washer/dryer.

Listed by Josh Kaplan | BRE #01934177 | Transwestern Property Company
Co-listed by John Swartz | BRE #01873487 | John Swartz

Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 73

Home details

Lot Sq. Ft: 7,500
HOA Dues: $0/mo
Year built: 1955
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 19460208
City: Los Angeles
County: Los Angeles
Time on Site: 1223 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 8
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $3,000
Total Rent: $3,000
Pro Forma/Market Rent: $3,225

Unit Breakdown 2

# of Units: 1
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $3,175
Total Rent: $3,175
Pro Forma/Market Rent: $3,175

Unit Breakdown 3

# of Units: 1
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,171
Total Rent: $1,171
Pro Forma/Market Rent: $3,400

Unit Breakdown 4

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,650
Total Rent: $2,650
Pro Forma/Market Rent: $2,650

Unit Breakdown 5

# of Units: 1
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $3,200
Total Rent: $3,200
Pro Forma/Market Rent: $3,225

Unit Breakdown 6

# of Units: 1
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $3,224
Total Rent: $3,224
Pro Forma/Market Rent: $3,225

Unit Breakdown 7

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,294
Total Rent: $1,294
Pro Forma/Market Rent: $2,650

Unit Breakdown 8

# of Units: 1
# of Beds: 3
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $1,339
Total Rent: $1,339
Pro Forma/Market Rent: $4,300

Multi-Family Income/Expense Information

Property Income and Analysis

Cap Rate: 3.54%
Gross Rent Multiplier: 18.1
Gross Scheduled Income: --
Net Operating Income: $146,921
Gross Operating Income: $229,135
Improvements Total: $1,275,000

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 11747 Mayfield Ave

Interior Features

Cooling Information

Has Cooling
See Remarks

Laundry Information

Has Laundry
See Remarks

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Other

Lot Information

Lot Size Source: Assessor

Property Information

Total # of Units: 8
Parcel Number: 4265008012

Location / Neighborhood

Location Information

Directions: North of Wilshire Blvd between Barrington Ave and Granville Ave.

View more facts & features

Local Los Angeles Agent

Sale History for 11747 Mayfield Ave

Last leased for $2,895 on August 9th, 2021

August, 2021
Aug 9, 2021

Date

Leased

CRMLS: 21764400

$2,895

Price
Jul 23, 2021

Date

Active

CRMLS: 21764400

$2,895

Price
Listing provided courtesy of CRMLS

Top floor, washer/dryer in-unit, comes with 1 garaged parking space, fully remodeled. Located in the heart of Brentwood, just off Barrington Ave and steps away from San Vicente Boulevard. This unit comes with new european cabinetry, stainless steel appliances with an in-unit washer/dryer, LED lighting systems, engineered plank flooring, caesarstone countertops, moen fixtures, custom carrera and mosaic tiled bathrooms, and a fresh coat of paint.

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July, 2021
Jul 23, 2021

Date

Leased

CRMLS: 21755822

$2,795

Price
Jul 2, 2021

Date

Active

CRMLS: 21755822

$2,795

Price
Listing provided courtesy of CRMLS

Located in the heart of Brentwood, just off Barrington Ave and steps away from San Vicente Boulevard. This unit comes with new european cabinetry, stainless steel appliances with an in-unit washer/dryer, LED lighting systems, engineered plank flooring, caesarstone countertops, moen fixtures, custom carrera and mosaic tiled bathrooms, and designer paint schemes.

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December, 2019
Dec 15, 2019

Date

Expired

CRMLS: 19511016

$3,100

Price
Nov 18, 2019

Date

Withdrawn

CRMLS: 19511016

$3,100

Price
Sep 14, 2019

Date

Active

CRMLS: 19511016

$3,100

Price
Listing provided courtesy of CRMLS

Located in the heart of Brentwood just off Barrington Ave and steps away from the San Vicente Corridor. Mayfield is 3 miles from Brentwood Town & Country which hosts Sugarfish, SoulCycle, and a number of other popular retail attractions. Our mid-century, 8-unit boutique community has an excellent mix of 1, 2, and 3 bedroom units. The unit interiors have been transformed into ultra-modern residences which boast new european cabinetry, stainless steel appliance packages with in-unit washer/dryers, LED lighting systems, engineered plank flooring, caesarstone countertops, moen fixtures, custom carrera and mosaic tiled bathrooms, and designer paint schemes.

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December, 2019
Dec 15, 2019

Date

Expired

CRMLS: 19511012

$2,550

Price
Nov 18, 2019

Date

Withdrawn

CRMLS: 19511012

$2,550

Price
Sep 14, 2019

Date

Active

CRMLS: 19511012

$2,550

Price
Listing provided courtesy of CRMLS

Located in the heart of Brentwood just off Barrington Ave and steps away from the San Vicente Corridor. Mayfield is 3 miles from Brentwood Town & Country which hosts Sugarfish, SoulCycle, and a number of other popular retail attractions. Our mid-century, 8-unit boutique community has an excellent mix of 1, 2, and 3 bedroom units. The unit interiors have been transformed into ultra-modern residences which boast new european cabinetry, stainless steel appliance packages with in-unit washer/dryers, LED lighting systems, engineered plank flooring, caesarstone countertops, moen fixtures, custom carrera and mosaic tiled bathrooms, and designer paint schemes.

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July, 2019
Jul 31, 2019

Date

Sold

CRMLS: 19460208

$4,130,000

Price
Jul 15, 2019

Date

Pending

CRMLS: 19460208

$4,150,000

Price
Jun 11, 2019

Date

Price Change

CRMLS: 19460208

$4,150,000

Price
May 29, 2019

Date

Active

CRMLS: 19460208

$4,195,000

Price
May 28, 2019

Date

Active Under Contract

CRMLS: 19460208

$4,195,000

Price
Apr 29, 2019

Date

Active

CRMLS: 19460208

$4,195,000

Price
July, 2019
Jul 31, 2019

Date

Sold (Public Records)

Public Records

$4,130,000

Price
September, 2018
Sep 1, 2018

Date

Expired

CRMLS: 18368948

$4,250,000

Price
Jul 26, 2018

Date

Active

CRMLS: 18368948

$4,250,000

Price
Listing provided courtesy of CRMLS

Coldwell Banker Commercial NRT is pleased to exclusively represent for sale 11747 Mayfield Avenue ("Mayfield"), a rare opportunity to acquire a well-maintained, 8-unit boutique community in the highly sought after Brentwood sub-market of West Los Angeles. With a walk-score of 90, Mayfield is just .3 miles from Brentwood Town & Country which hosts Sugarfish, SoulCycle, and a number of other popular retail attractions at the Brentwood Center. Mayfield has an excellent mix of 1, 2 and 3 bedroom units. Select units have been transformed into ultra-modern residences which boast new European cabinetry, stainless steel appliance packages with in-unit Washer/Dryers, LED lighting systems, engineered plank flooring, quartz countertops, Moen fixtures, custom Carrera and mosaic tiled bathrooms complete with spacious stand-up showers, and designer paint schemes.

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July, 2018
Jul 25, 2018

Date

Canceled

CRMLS: 18352452

$4,395,000

Price
Jun 8, 2018

Date

Active

CRMLS: 18352452

$4,395,000

Price
Listing provided courtesy of CRMLS

Coldwell Banker Commercial NRT is pleased to exclusively represent for sale 11747 Mayfield Avenue ("Mayfield"), a rare opportunity to acquire a well-maintained, 8-unit boutique community in the highly sought after Brentwood sub-market of West Los Angeles. With a walk-score of 90, Mayfield is just .3 miles from Brentwood Town & Country which hosts Sugarfish, SoulCycle, and a number of other popular retail attractions at the Brentwood Center. Mayfield has an excellent mix of 1, 2 and 3 bedroom units. Select units have been transformed into ultra-modern residences which boast new European cabinetry, stainless steel appliance packages with in-unit Washer/Dryers, LED lighting systems, engineered plank flooring, quartz countertops, Moen fixtures, custom Carrera and mosaic tiled bathrooms complete with spacious stand-up showers, and designer paint schemes.

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March, 2016
Mar 9, 2016

Date

Sold (Public Records)

Public Records

$3,120,000

Price

Tax History for 11747 Mayfield Ave

Assessed Value (2020): $4,131,880

Year	Land Value	Improved Value	Assessed Value
2020	$2,400,000	$1,731,880	$4,131,880

Home Value Compared to the Market

This property vs the competition

11747 Mayfield Ave sold on July 31, 2019 for 248.74% 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 $582.87 per/sqft which puts the price per square foot 22.8% lower than the current median sale per square foot for the city of Los Angeles.

About 11747 Mayfield Ave

Detailed summary of property

11747 Mayfield Ave is a multi family that recently sold in Los Angeles, CA 90049. This multi family property offered 15 bedrooms, 9 bathrooms, roughly 7,120 living square feet, and sits on an approximately 7,500 square foot lot. 11747 Mayfield Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $4,130,000. 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 248.74% higher than the current median priced home. Local homes that are currently for sale include 1437 Cardiff Ave, 9240 W National Blvd and 12420 Greene Ave. While the average home in Los Angeles, CA is selling in 92 days, 11747 Mayfield Ave has a days on market of 73 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 11747 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 11747 Mayfield Ave

Public county record property details

Beds: 15
Baths: 10
Year built: 1955
Sq. Ft.: 7,120
Lot Size: 7,500
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 10
APN: 4265-008-012

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

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (11.11%), Other (7.41%)

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(714) 706-1823

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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.