Los Angeles, CA 90043,6606 Brynhurst Ave
Los Angeles, CA 90043,6606 Brynhurst Ave
Los Angeles, CA 90043,6606 Brynhurst Ave
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
4
Sep
Fri
5
Sep
Sat
6
Sep
$1,800,000
Est. payment /mo
11 Beds
9 Baths
4,737 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,737 sqft

Price per Sqft $379

MLS Listing ID 25570109

Bedrooms 11

Year Built 1948

Lot Size 0.261 Acres

Acres 0.2606

Property Sub-Type Multi-Family

Property Description

CURRENT CAP is 4.24% And 14.84 GRM PLUS 2 VACANT UNITS FOR IMMEDIATE UPSIDE. MARKET CAP: 6.77% AND 10.64 GRM In the heart of the evolving Hyde Park neighborhood, this 8-unit multifamily property combines immediate cash flow with significant development potential. The current unit mix includes (5) 1-bed/1-bath units (2 vacant), (2) 2-bed/1-bath units, and (1) 2-bed/2-bath Section 8 unit. There is currently two vacancies ready to be filled. Six units have been recently renovated with laminate flooring, modern tile, updated cabinetry, and granite countertops. Additional features include new exterior paint and landscaping (2017), secured entry with a new electric gate, gated on-site parking for 13 cars, on-site laundry for extra income, and separate gas/electric meters. Strong in-place income with room for growth. Property has been professionally managed since 2017 and has been very well maintained, with any issues immediately addressed. Zoned R3 and located in a Tier 3 TOC area, the site is eligible for multiple incentives including AB 2334 and AB 2097, offering pathways to increased density and reduced parking requirements. By-right development allows for 14 units, or up to 26 with TOC density bonuses. Ideal for investors or developers looking to capitalize on one of LA's most promising submarkets.** Buyer to verify all square footage and development opportunities.

Location

State CA

County Los Angeles

Area Park Hills Heights

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment None

Laundry Community

Exterior

Parking Features Door Opener, Gated, Side By Side, Uncovered

Garage Spaces 13.0

Building

Sewer In Street

Level or Stories One, Two

Others

Special Listing Condition Standard


Read Less Info
TheMLS (CLAW)
Listed by Californian Estates

GET MORE INFORMATION

Name

Phone*

Message

Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

original_355e300d-2f46-42e1-9f79-a73b0ca9d5fb