11967 Mayfield Ave, Los Angeles, California, United States | Residential Land For Sale at GLOBAL LISTINGS

Report Listing

Residential Land For Sale

$6,500,000

11967 Mayfield Ave
Los Angeles, California, United States

Listed By: Realtyww Info

Listed On: 05/31/2023

Listing ID: GL10314525 View More Details

Description

11967 Mayfield Avenue is being sold with its neighboring lot 11973 Mayfield Avenue, both properties must be purchased together. This double lot presents a unique opportunity to develop eight (8) expansive, sumptuously appointed townhomes in a prime Brentwood location.The development site comes with ready-to-issue permits and grandfathered, luxury plans that are no longer obtainable under current city code. The development site is situated on a an incredible double lot of approximately 14, 479 SqFt (no including the ally). The exclusive project will have 37, 792 gross square footage with each unit having an average 3, 200 SqFt of livable space. These 3 BR townhomes provide the spaciousness, privacy and finishes of the most prestigious custom homes. A developer can begin construction immediately on this unrivaled, cutting-edge development project, as the seller has put over $500, 000 to entitle plans and obtain permits that will never be duplicated. This specific project benefits from grandfathered entitlements and designs that are specifically excluded from recent more restrictive revisions to area building requirements. This 8 unit condo project will be uniquely positioned to appeal to discerning, affluent buyers looking for a spacious, beautifully appointed residence that is located in one of Los Angele's most desirable neighborhoods.

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Listed by: Miller Desatnik Realty Co.