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    6509 Brynhurst Avenue

    Los Angeles (City), CA 90043
    • $4,177,000
    • STATUS: Active
    • ON SITE: 57 days
    • ID#: 20622818
    UPDATED: 64 min ago
    $4,177,000
    • 0
      BEDS
    • 0.52
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    We are pleased to present for sale 6509 & 6510 Brynhurst Avenue, two value-add 11- & 10-unit apartment buildings located in Los Angeles Hyde Park. Priced at $4,177,000, and offered as a portfolio, the properties have approximately 68% rental upside potential. Built in 1953 & 1964, the properties feature a mix of singles, one-and two-bedroom units. Current ownership has completed the seismic retrofitting, installed a new roof, and upgraded windows on west building.The Hyde Park 21 features 1:1 parking spaces (11 gated and covered at West building, and 4 open and 6 covered garage spaces at the East building), 11 storage bins at West building, on-site laundry rooms for each of the buildings. Onsite manager not required because the 21 units are split into a 10-unit and 11-unit building.The properties are located 2.5 miles from the new SoFi stadium, home of The Los Angeles Rams and half a mile from Crenshaw Metro LAX line.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-21T17:33:37.69. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/109333495
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    6509 Brynhurst Avenue Los Angeles (City), CA 90043

    • Price: $4,177,000
    • Status: Active
    • Updated: 64 min ago
    • ID#: 20622818
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.52
    Acres
    1964
    Built
    Neighborhood:
    PHHT - Park Hills Heights
    County:
    Los Angeles
    Area:
    PHHT - Park Hills Heights
    Property Description
    We are pleased to present for sale 6509 & 6510 Brynhurst Avenue, two value-add 11- & 10-unit apartment buildings located in Los Angeles Hyde Park. Priced at $4,177,000, and offered as a portfolio, the properties have approximately 68% rental upside potential. Built in 1953 & 1964, the properties feature a mix of singles, one-and two-bedroom units. Current ownership has completed the seismic retrofitting, installed a new roof, and upgraded windows on west building.The Hyde Park 21 features 1:1 parking spaces (11 gated and covered at West building, and 4 open and 6 covered garage spaces at the East building), 11 storage bins at West building, on-site laundry rooms for each of the buildings. Onsite manager not required because the 21 units are split into a 10-unit and 11-unit building.The properties are located 2.5 miles from the new SoFi stadium, home of The Los Angeles Rams and half a mile from Crenshaw Metro LAX line.
    Exterior Features

    Carport Spaces 11.00 Construction Materials FrameStucco Direction Faces East Garage Spaces 6.00 Lot Size Source Assessor Lot Size Units Square Feet Parking Features Built-In StorageCoveredControlled EntranceDetached CarportDrivewayGated Parking Total 17.00 Parking YN Yes Pool Features None Pool Private YN No Spa Features None Spa YN No

    Interior Features

    Appliances Refrigerator Appliances YN Yes Cooling None Cooling YN No Flooring CarpetTileLaminate Heating Central Heating YN Yes Laundry Features CommunityIndividual Room

    Property Features

    Additional Parcels YN Yes Country Us Financial Info As Of 2020-07-15 00:00:00 Gross Income 275337.00 Gross Multiplier 15.50 Gross Operating Income 267077.00 Laundry YN Yes Net Operating Income 133513.00 Number Of Separate Electric Meters 21 Number Of Separate Gas Meters 21 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Total Expenses 122564.00 Vacancy Allowance Rate 0.00 Zoning Lar3

    Listing provided courtesy of Manny Nunez Jd of Cb Richard Ellis, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-21T17:33:37.69. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

     
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