6740 Brynhurst Avenue

    Los Angeles (City), CA 90043
    • $4,895,000
    • STATUS: Active
    • ON SITE: 21 days
    • ID#: 19514956
    UPDATED: 154 min ago
    $4,895,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,370
      SQFT
    • $318
      $/SQFT
    Type:
    Multi-Family
    Built:
    2019
    County:

    School Ratings & Info

    Description

    Great opportunity to purchase a Brand New 12-Unit Apartment Building located at 6740 Brynhurst Ave, in the City of Los Angeles, California, 90043. The subject property is located near Inglewood and consists of an excellent unit mix of incredibly spacious 1 one bedroom-one bathroom unit, 2 two bedroom-two bathroom units, and 9 three-bedroom two-bathroom Units. The project is a Class A newly constructed Apartment building built in 2019 and is 3 weeks away from C of O. Currently in its finishing stages, Certificate of Occupancy is expected by October. It sits on 11,326 SF of land.The project was completed at the end of 2019 and is located in the strong rental submarket of Inglewood in the Booming Neighborhood of the New Rams Stadium. Only a 3 min walk from the new Florence/West LA metro station. Every unit comes with it's own private balcony and covered Reserved parking. The building has a recreational room and onsite Laundry facilities.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T00:36:20.21. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
    www.j1re.com/homes/99371440

    6740 Brynhurst Avenue Los Angeles (City), CA 90043

    • Price: $4,895,000
    • Status: Active
    • Updated: 154 min ago
    • ID#: 19514956
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    15,370
    SQFT
    $318
    $/SQFT
    2019
    Built
    Neighborhood:
    PHHT - Park Hills Heights
    County:
    Los Angeles
    Area:
    PHHT - Park Hills Heights
    Property Description
    Great opportunity to purchase a Brand New 12-Unit Apartment Building located at 6740 Brynhurst Ave, in the City of Los Angeles, California, 90043. The subject property is located near Inglewood and consists of an excellent unit mix of incredibly spacious 1 one bedroom-one bathroom unit, 2 two bedroom-two bathroom units, and 9 three-bedroom two-bathroom Units. The project is a Class A newly constructed Apartment building built in 2019 and is 3 weeks away from C of O. Currently in its finishing stages, Certificate of Occupancy is expected by October. It sits on 11,326 SF of land.The project was completed at the end of 2019 and is located in the strong rental submarket of Inglewood in the Booming Neighborhood of the New Rams Stadium. Only a 3 min walk from the new Florence/West LA metro station. Every unit comes with it's own private balcony and covered Reserved parking. The building has a recreational room and onsite Laundry facilities.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Covered Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Laundry Features None

    Property Features

    Cap Rate 4.58 Gross Multiplier 14.93 Gross Operating Income 313372.00 Laundry YN No Net Operating Income 224347.00 Special Listing Conditions Standard Total Expenses 93825.00 Zoning Lar3

    Listing provided courtesy of Arthur Arejian of Arthur Arejian, Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T00:36:20.21. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
     
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