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6126 Brynhurst Ave
Los Angeles, CA 90043 Park Mesa Heights

$1,050,000 USD

Apartments For Sale  •  3,723 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,723 SF
  • Lot Size 0.22 AC
  • Building Class C
  • Year Built 1953
  • Cap Rate 3.44 %
  • Zoning LAR3
56 Transit Score
72 Walk Score

Highlights

7-Unit Apartment Located in the Hyde Park Neighborhood of Los Angeles | Large 9,477-SF Lot
Rare LAR3 TOC Tier 3 Zoning – Build Up to 21 Units* | Tremendous Value-Add Opportunity | Approximately 90% in Rental Upside
10.22% Pro-Forma Cap Rate & 6.78 Pro-Forma GRM | Offered at $150,000 Per Unit & $282 Per SF
Unit Mix of (One) 2-Bedroom/1-Bathroom House & (Six) 1-Bedroom/1-Bathroom Units
Located Just a Few Blocks from Hyde Park Station for the Crenshaw/LAX Metro Transit Line (K Line)
Located 2 Miles from Baldwin Hills Crenshaw Plaza, SoFi Stadium & The Forum and Approximately 2.5 Mile from Intuit Dome (NBA Clippers Arena)

Financial Summary (Actual)

Net Operating Income: $36,069 USD (2024)
Cap Rate: 3.44 %
Total Expenses: $42,851 USD

Public Transportation

Transit/SubwayDriveWalkDistance
Hyde Park Station (Metro K-Line - Metro - Los Angeles) 1 min 9 min 0.5 mi
Fairview Heights Station (Metro K-Line - Metro - Los Angeles) 3 min 15 min 0.8 mi
AirportDriveWalkDistance
Los Angeles International 13 min - 6.2 mi
Bob Hope 32 min - 18.4 mi
Long Beach (Daugherty Field) 30 min - 20.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 7
Type: Surface
Included in Rent: Yes
Jonathan Nikfarjam 310-593-9868 Shield Commercial Real Estate
Jonathan Nikfarjam 310-593-9868 Shield Commercial Real Estate