6313-6319 Brynhurst AveLos Angeles, CA 90043

Property Details for 6313-6319 Brynhurst Ave

Property size (Sq ft)

62,432 SF

Property type

Other commercial real estate

Property subtype

Other mixed-use properties

Description

This exceptional mixed-use property, located at 6313-6319 S. Brynhurst Ave., Los Angeles, CA 90043, presents a lucrative investment opportunity. The property boasts a substantial 62,432 square feet on a 22,728 square foot lot, encompassing 51 units in a market-rate apartment development. The building features a strategic mix of unit sizes designed to maximize tenant desirability and minimize turnover. Specifically, the layout includes 13 one-bedroom/one-bathroom units at 735 square feet, 5 two-bedroom/two-bathroom units at 1080 square feet, 33 three-bedroom/two-bathroom units at 1158 square feet, 5 two-bedroom/two-bathroom units at 1080 square feet, and 20 two-bedroom/two-bathroom units with dens at 1150 square feet. Five of these units are designated as Extra Large Units (ELI). There is also potential to convert some or most of the two-bedroom/two-bathroom units with dens into three-bedroom/two-bathroom units, further enhancing the property's income potential. The property is zoned R3 and includes 28 parking spaces. The asking price is $3,975,000, and the property's APN is 4006-007-007 and 4006-007-008. Its central location offers convenient access to various public transportation options. The project will be delivered ready-to-rent upon closing.

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

33.9823

Longitude

-118.334

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