Multifamily
6332 Brynhurst Avenue
6332 Brynhurst Ave, Los Angeles, CA 90043
Listing Price: $4,200,000
Investment Overview
The SR Group of Marcus & Millichap, as exclusive listing agent, is 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 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.
6332 Brynhurst Avenue
Investment Highlights
- Built in 2014, the property represents newer construction relative to the surrounding housing stock
- The asset is offered at an attractive 7.75% cap rate and an 8.64 GRM
- The property features a predominantly large-unit configuration, including three and four-bedroom units
- The property includes 20 garage parking spaces, providing a favorable parking ratio for tenants
- Located in a high-density pocket of South Los Angeles offering residents convenient access to employment hubs, retail, and entertainment
- Located a short drive from SoFi Stadium, a major sports and entertainment destination
Exclusively Listed By
Financing By
Listing Price: $4,200,000
Investment Highlights
- Built in 2014, the property represents newer construction relative to the surrounding housing stock
- The asset is offered at an attractive 7.75% cap rate and an 8.64 GRM
- The property features a predominantly large-unit configuration, including three and four-bedroom units
- The property includes 20 garage parking spaces, providing a favorable parking ratio for tenants
- Located in a high-density pocket of South Los Angeles offering residents convenient access to employment hubs, retail, and entertainment
- Located a short drive from SoFi Stadium, a major sports and entertainment destination
Investment Overview
The SR Group of Marcus & Millichap, as exclusive listing agent, is 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 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.
Exclusively Listed By
Financing By
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