11975 Mayfield Avenue new

Los Angeles,CA 90049

$ 6950000

12 Beds

0 Bath

8896 SqFt


Key Details

Property Type Other Types

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 8,896 sqft

Price per Sqft $781

MLS Listing ID CL24461145

Bedrooms 12

HOA Y/N No

Year Built 2023

Lot Size 9,001 Sqft

Acres 0.21

Property Description

One of a kind asset in one of the most desirable markets in the country! Located in prime Brentwood just south of San Vicente, this beautiful new construction 3-unit opportunity was built by award winning developer Thomas James Homes. This development consists of three modern, high-end residential units designed to meet the demands of contemporary living while ensuring sustainability and luxury. The property has a massive 3,214 sq ft 4 bedroom/6 bedroom house in the front and a townhome duplex in the back. The front home can be delivered vacant at close of escrow making this the ideal owner-user opportunity! Offered at $781/ft and a 5.56% cap rate, this asset is offered at extremely attractive metrics. Most single family homes in the 90049 zip code sell for well over $1,000/ft for new construction product. Also, the duplex units are occupied on long term leases bringing in strong rental income to offset a new buyer's mortgage. As you step inside the front house, you'll be welcomed by an open and airy layout, highlighted by high ceilings and an abundance of natural light. The gourmet kitchen is a culinary dream, complete with a center island, bar seating, brand-new stainless-steel appliances, and a convenient walk-in pantry. Venture outside to your expansive private backyard, perf

Location

State CA

County Los Angeles

Area Listing

Zoning LARD

Interior

Heating Central

Cooling Central Air

Flooring Tile

Fireplace No

Laundry Dryer,Laundry Room,Washer,Other

Exterior

Parking Type Other

Total Parking Spaces 7

Building

New Construction No

Others

Tax ID 4265009045

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