Multifamily
6509-6510 Brynhurst Ave
6509 Brynhurst Ave, Los Angeles, CA 90043
Listing Price: $3,590,000
Cap Rate
4.49%
Number of Units
21
GRM
11.53
Price/Unit
$170,952
Price/Gross SF
$245.29
Gross SF
14,636
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire 6509–6510 Brynhurst Ave, a two-property, 21-unit investment opportunity located in the 90043 zip code of Los Angeles.
Investment Highlights
- EXCEPTIONAL VALUE-ADD OPPORTUNITY WITH 78% RENTAL UPSIDE!
- ON-SITE LAUNDRY FACILITIES AND PARKING FOR TENANTS!
- TWO LARGE OPPOSING LOTS TOTALING 22,725 SF - Expansive combined lot area with 14,636 SF of gross building area, providing operational flexibility and attractive long-term redevelopment optionality.
- SELLER FINANCING AVAILABLE - Ownership is open to providing attractive seller financing—significantly reducing the buyer's equity requirement, improving cash-on-cash returns, and allowing investors to lock in highly accretive debt at closing.
- VALUE-ADD & REDEVELOPMENT POTENTIAL - Favorable LAR3 zoning supports ADU additions (buyer to verify) and offers a clear pathway for higher-density multifamily redevelopment.
- STRONG RENTER DEMAND IN THE UNDERSERVED 90043 ZIP CODE - Supported by Proximity to Major Employment Centers Such as SoFi Stadium and by the K Line serving as a Key Transit Corridor Nearby Major Retail Hubs including Westfield Culver City and Baldwin Hills Crenshaw Plaza!
- ATTRACTIVE LONG-TERM HOLD IN A RAPIDLY EVOLVING LOS ANGELES SUBMARKET!
- DESIRABLE UNIT MIX - (3) Studios | (6) One-Bedrooms | (12) Two-Bedrooms — a diversified mix that appeals to both individuals and families within a high-demand workforce housing corridor.
Exclusively Listed By
Listing Price: $3,590,000
Cap Rate
4.49%
Number of Units
21
GRM
11.53
Price/Unit
$170,952
Price/Gross SF
$245.29
Gross SF
14,636
Investment Highlights
- EXCEPTIONAL VALUE-ADD OPPORTUNITY WITH 78% RENTAL UPSIDE!
- ON-SITE LAUNDRY FACILITIES AND PARKING FOR TENANTS!
- TWO LARGE OPPOSING LOTS TOTALING 22,725 SF - Expansive combined lot area with 14,636 SF of gross building area, providing operational flexibility and attractive long-term redevelopment optionality.
- SELLER FINANCING AVAILABLE - Ownership is open to providing attractive seller financing—significantly reducing the buyer's equity requirement, improving cash-on-cash returns, and allowing investors to lock in highly accretive debt at closing.
- VALUE-ADD & REDEVELOPMENT POTENTIAL - Favorable LAR3 zoning supports ADU additions (buyer to verify) and offers a clear pathway for higher-density multifamily redevelopment.
- STRONG RENTER DEMAND IN THE UNDERSERVED 90043 ZIP CODE - Supported by Proximity to Major Employment Centers Such as SoFi Stadium and by the K Line serving as a Key Transit Corridor Nearby Major Retail Hubs including Westfield Culver City and Baldwin Hills Crenshaw Plaza!
- ATTRACTIVE LONG-TERM HOLD IN A RAPIDLY EVOLVING LOS ANGELES SUBMARKET!
- DESIRABLE UNIT MIX - (3) Studios | (6) One-Bedrooms | (12) Two-Bedrooms — a diversified mix that appeals to both individuals and families within a high-demand workforce housing corridor.
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire 6509–6510 Brynhurst Ave, a two-property, 21-unit investment opportunity located in the 90043 zip code of Los Angeles.
Exclusively Listed By