We are pleased to offer for sale a 14-unit (12+2 ADU) apartment community located at 6332 Brynhurst Avenue. The subject property is situated just east of West Boulevard and north of Hyde Park Boulevard.The property is located within a high-density pocket of South Los Angeles offering residents convenient access to… Read More employment hubs, retail, and entertainment, and is a short drive from SoFi Stadium, one of the region's premier sports and entertainment venues.Positioned on an 11,378-square-foot parcel, the property consists of one one-bedroom unit, one two-bedroom unit, seven three-bedroom units, and five four-bedroom units. The asset is offered at a 7.75% cap rate and an 8.64 GRM. Constructed in 2014, the property represents a newer apartment asset relative to the surrounding housing stock and features ample garage parking with 20 spaces.6332 Brynhurst Avenue presents an opportunity to acquire a modern apartment asset with a strong in-place yield in the infill South Los Angeles market.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.This property is marketed alongside 4920 South Broadway and may be purchased together or separately. Read Less
Property listed by Marcus & Millichap, Sean Rosenzweig 310-909-5500
Listing Snapshot
Days Online
8
Last Updated
Beds
44
Square Ft.
13,711
Lot Size
0.26 Acres
Year Built
2014
MLS Number
26653191
Additional Details
Building
Built in 2014, Living area: 13711.0, 1 building, 3 stories, Levels: ThreeOrMore
Income
Gross Income: $486,072, Net Operating Income: $325,378
Lot
0.2612 acres
Parking
20 total parking spaces, Garage
Taxes
Parcel Number: 4006008018, Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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