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Multifamily

6312 Brynhurst Ave

6312 Brynhurst Ave, Los Angeles, CA 90043

Listing Price: $1,650,000

Cap Rate
5.05%
Number of Units
10
GRM
7.86
Occupancy
97.0%
Price/Unit
$165,000
Price/Gross SF
$337.01
Gross SF
4,896

Investment Overview

Marcus & Millichap is pleased to present 6312 Brynhurst Ave, a 10-unit apartment complex located in Los Angeles' Park Mesa Heights neighborhood that offers a substantial value-add opportunity through approximately 49% rental upside. Built in 1940, the property consists of ten 1-bedroom/1-bath units averaging approximately 489 square feet each and benefits from below-market rents that provide significant revenue growth potential. The offering also includes plans for two detached ADUs, a 375 square foot 1-bedroom unit and a 489 square foot 2-bedroom unit, which are projected to generate approximately $4,050 per month, or $48,600 annually, in additional rental income. Situated near major employment centers, public transportation, and convenient access to the I-110 and I-405 Freeways, the property presents investors with both immediate operational upside and future income growth potential.

Investment Highlights

  • Substantial Value Add Approximately 49% rental upside
  • Ability to build ADU's
  • All 1 Bed 1 Bath Units

Exclusively Listed By

Multifamily

6312 Brynhurst Ave

Listing Price: $1,650,000

Cap Rate
5.05%
Number of Units
10
GRM
7.86
Occupancy
97.0%
Price/Unit
$165,000
Price/Gross SF
$337.01
Gross SF
4,896

Investment Highlights

  • Substantial Value Add Approximately 49% rental upside
  • Ability to build ADU's
  • All 1 Bed 1 Bath Units

Investment Overview

Marcus & Millichap is pleased to present 6312 Brynhurst Ave, a 10-unit apartment complex located in Los Angeles' Park Mesa Heights neighborhood that offers a substantial value-add opportunity through approximately 49% rental upside. Built in 1940, the property consists of ten 1-bedroom/1-bath units averaging approximately 489 square feet each and benefits from below-market rents that provide significant revenue growth potential. The offering also includes plans for two detached ADUs, a 375 square foot 1-bedroom unit and a 489 square foot 2-bedroom unit, which are projected to generate approximately $4,050 per month, or $48,600 annually, in additional rental income. Situated near major employment centers, public transportation, and convenient access to the I-110 and I-405 Freeways, the property presents investors with both immediate operational upside and future income growth potential.

Exclusively Listed By

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