11975 -11979 Mayfield Avenue

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, perfect for entertaining. Enjoy a built-in BBQ area with grill and beverage fridge, alongside a variety of covered and uncovered patio spaces, all framed by a lush grassy lawn and hedgingideal for gatherings or relaxing in peace. Additional features include a main level office, multiple living areas on each floor, and a grand primary suite with a walk-in closet and a luxurious spa-like bath with a separate shower and soaking tub. The third-level family room opens to an expansive covered patio, offering breathtaking views of the city and mountains. For your convenience, a side-by-side washer and dryer are located in an upstairs closet, and a private 2-car garage provides ample parking and storage.This exceptional Brentwood residence is meticulously crafted for modern luxury living, providing a lifestyle of unparalleled comfort and style. Enjoy immediate access to the finest boutiques, gourmet dining, and all that San Vicente Blvd has to offer, with the beach just a short drive away. This is more than just a home; it's a rare lifestyle opportunity waiting for you!

Listing information courtesy of: John Katnik, BRC Advisors- BH 310-956-2291. *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.