Los Angeles, CA 90043,6606 Brynhurst AVE
Los Angeles, CA 90043,6606 Brynhurst AVE
Los Angeles, CA 90043,6606 Brynhurst AVE
Los Angeles, CA 90043,6606 Brynhurst AVE
Los Angeles, CA 90043,6606 Brynhurst AVE
Los Angeles, CA 90043,6606 Brynhurst AVE
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$ 1,800,000
Est. payment | /mo

11 Beds

9 Baths

4,737 SqFt


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$ 1,800,000
Est. payment | /mo
Save

11 Beds

9 Baths

4,737 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,737 sqft

Price per Sqft $379

MLS Listing ID 25570109

Bedrooms 11

HOA Y/N No

Year Built 1948

Lot Size 0.261 Acres

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 Phht - Park Hills Heights

Zoning LAR3

Interior

Heating None

Cooling None

Fireplace No

Laundry Common Area

Exterior

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

Community Features Gated

Total Parking Spaces 13

Building

Entry Level One,Two

Sewer Other

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 4006019026

Security Features Gated Community

Special Listing Condition Standard

CRMLS – RECore
Listed by Bethany Woolf Californian Estates
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andrew.valbuena82@gmail.com

3020 Old Ranch Parkway Suite 250, Seal Beach, CA, 90740, US

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6606 Brynhurst AVE