11964 Mayfield Ave, Los Angeles, CA 90049
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11964 Mayfield Ave Los Angeles, CA 90049

$3,965,000 Sold Price as of 03/15/2022
  • 10 Beds
  • 8 Baths
  • 6,461 Sq.Ft.
Sold
$3,965,000 Sold Price as of 03/15/2022 Refinance Your Mortgage

Map preview of 11964 Mayfield Ave, Los Angeles, CA 90049

Property Overview: 11964 Mayfield Ave Los Angeles, CA has 10 bedrooms, 8 bathrooms, 6,461 living square feet and 7,497 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: PRICE REDUCED $250,000! NON-RENT CONTROLLED A truly unique opportunity for a prestige investor or a wise homebuyer wishing to dodge the overheated single-family market and land a beautiful home that provides an excellent long-term investment in this wonderful Brentwood neighborhood. The front, 4-bedroom (3 up, 1 down), 3-bath home presents with an open living room with a fireplace, bright bay window, a main floor bedroom/office and spacious family room with fireplace. The remodeled kitchen sparkles with granite counters, white appliances, a dining area, and views of the private backyard with custom brickwork. The light and bright master-suite has fireplace, private double-sink, jetted tub bath and 5’ by 9’ walk-in closet. A separate upstairs bath serves the two large upstairs guest rooms. The front access two car garage has safe indoor access. The separate rear-building’s three units are fully rented stylish, modern 2 bedrooms, 2 bath and loft/den/3rd bdrm, with inside laundries and fireplaces averaging about 1,500 square feet each. They have private garages and share a vista roof top deck. Located walking distance to the Brentwood Country Club and the fine restaurants on San Vicente, this stylish building, situated in this fashionable neighborhood is an amazing place to live and attract the finest tenants. Please do not disturb tenants. Rental units shown on accepted offer only. Front home will be vacant at close of escrow and can be shown to potential owner occupants.

Listed by DANIEL CORCORAN | BRE #00451125 | Corcoran Group of California Inc.
Last checked: 12 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 49

Home details

Lot Sq. Ft
7,497
HOA Dues
$0/mo
Year built
1999
Garage
8 Car
Property Type:
Multi Family
Status
Sold
MLS#
EV21225715
City
Los Angeles
County
Los Angeles
Time on Site
941 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $7,500
  • Total Rent: $7,500
  • Pro Forma/Market Rent: $9,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.05%
  • Gross Rent Multiplier: 21.33
  • Gross Scheduled Income: $199,200
  • Net Operating Income: $129,480
  • Gross Operating Income: $199,200
Annual Expense Breakdown
  • Total Operating Expense: $69,720
  • Electric: $1
  • Gas/Fuel: $1
  • Trash: $1
  • Insurance: $1
  • Water/Sewer: $1
  • Other Expenses: $69,715
  • Other Expense Description: Estimate

Property Details for 11964 Mayfield Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Natural Gas
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Fireplace Information
  • Has Fireplace
  • Family Room, Living Room, Master Bedroom
Room Information
  • Den, Entry, Family Room
Interior Features
  • Levels: One, Two
  • Window Features: Bay Window(s)
Exterior Features
Exterior Information
  • Roof: Composition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 2-5 Units/Acre, Rectangular Lot, Level
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 4265011039
  • Year Built Source: Seller
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected
Location / Neighborhood
Location Information
  • Directions: South of Montana | East of Bundy
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Maintained
Neighborhood Information
  • Community Features: Gutters, Sidewalks, Street Lights, Urban
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Sale History for 11964 Mayfield Ave

Last sold for $3,965,000 on March 15th, 2022
  • March, 2022

  • Mar 16, 2022

    Date

    Sold

    CRMLS: EV21225715

    $3,965,000

    Price

  • Oct 11, 2021

    Date

    Active

    CRMLS: EV21225715

    $4,499,000

    Price

  • July, 2017

  • Jul 14, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 1997

  • Apr 4, 1997

    Date

    Sold (Public Records)

    Public Records

    $380,000

    Price

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Tax History for 11964 Mayfield Ave

Assessed Value (2020): $1,535,665
Year Land Value Improved Value Assessed Value
2020 $657,148 $878,517 $1,535,665

Home Value Compared to the Market

This property vs the competition

11964 Mayfield Ave sold on March 15, 2022 for 257.06% 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 $657.64 per/sqft which puts the price per square foot 12.9% lower than the current median sale per square foot for the city of Los Angeles.

About 11964 Mayfield Ave

Detailed summary of property

11964 Mayfield Ave is a multi family that recently sold in Los Angeles, CA 90049. This multi family property offered 10 bedrooms, 8 bathrooms, roughly 6,461 living square feet, and sits on an approximately 7,497 square foot lot. 11964 Mayfield Ave was first listed on ArdentRealEstateGroup.com on October 11, 2021. The homeowner sold the property for $3,965,000. 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 257.06% higher than the current median priced home. Local homes that are currently for sale include 3749 Westwood Blvd, 3544 Vinton Ave and 1453 S Beverly Dr. While the average home in Los Angeles, CA is selling in 93 days, 11964 Mayfield Ave has a days on market of 49 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 11964 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 11964 Mayfield Ave

Public county record property details
Beds
11
Baths
6
Year built
1939
Sq. Ft.
6,461
Lot Size
7,495
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
4265-011-039

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
$3,675,000
Median List Price/Sq.Ft.
$1,061
Median Sold Price
$2,150,000
Median Sold Price/Sq.Ft.
$913
Total Inventory
194
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%)

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Related Resources to 11964 Mayfield Ave

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.