See all 26 photos
$6,950,000
Est. payment /mo
12 BD
8,896 SqFt
New
11975 Mayfield Avenue Los Angeles, CA 90049
UPDATED:
11/15/2024 01:29 PM
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
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by John Katnik • BRC Advisors- BH