33.976967 -118.33338

6740 Brynhurst Avenue LOS ANGELES, CA 90043

264038635 33.976967 -118.33338 120 /listing/264038635-150065436/6740-brynhurst-avenue-los-angeles-ca-90043 False 0 4595000.0 15370 105 SR20042747 False
  • $4,595,000
  • 15,370 sqft
  • 11,327 lot
  • Est payment $24666.95/mo

Property & Neighborhood Info

Courtesy Of Manish Drona, 01923188, Drona Realty & Mortgages

Multi-Family in Los Angeles

BRAND NEW CONSTRUCTION (NON RENT CONTROLLED APARTMENT BUILDING) at under $300 per Sq. ft. in booming neighborhood of RAMS Stadium. Only 3 min walk from new Florence/West LA metro station. Instant equity for buyer, (appraised for $4,970,000 by Lender for refinance on 02/06/2020). Certificate of Occupancy has been received in November 2019 and all the units has been rented. With Actual rents and expenses, this is available at actual CAP of 5.22 and GRM of 13.94. Seller is currently under refinance process for non-recourse assumable loan for 3,378,000 which will be transferred to buyer and buyer will have to bring in only difference for equity. There are total 12 very spacious unit - 9 units are 3 Bed/2 bath ranging from 1150 to 1350 sq. ft. , 2 units are 2 bed/2 bath at 950 sq. ft and one unit is 1 Bed/1 Bath on ground floor. Every unit comes with it's own private balcony and covered Reserved parking. Out of this, 2 units are reserved for affordable housing. Building has Recreational room and onsite Laundry.Location - Just under 2 miles to brand new 80,000 seat NFL Rams stadium, less than 2 miles away from the planned Hollywood Park development which will include about 500,000 SF retail & entertainment and more than 2500 residential units, this property's location screams for investors attention. This could be your best Investment for next 5-10 years as prices are going up consistently and growth in this area is higher as compared to other areas of LA.

Courtesy Of Manish Drona, 01923188, Drona Realty & Mortgages
  1. 15,370 Sq. Ft.
  2. 11,327 Lot

Main Features

  • Listing Status: Active
  • Year Built: 2019
  • Garage: 16.0
  • Floors: 1
  • County: LOS ANGELES
  • Units: 12
  • Zoning: LAR3
  • MLS Number:SR20042747

Additional Features

  • Community Features:
    • Mountainous
    • Storm Drains
    • Street Lights
    • Sidewalks
  • Cooling:
    • Central Air
  • Laundry:
    • Community
    • Stackable
    • Common Area
  • Pool Features:
    • None
  • Lot Features:
    • 36-40 Units/Acre
  • Water Source:
    • Public
  • Year Built Source:
    • Builder
  • Common Walls:
    • 2+ common walls
  • Heating:
    • Central
  • Sewer:
    • Public Sewer
  • Levels:
    • One
  • Land Size Source:
    • Assessor
  • Property Subtype:
    • Apartment
  • Special Conditions:
    • Standard
  • Association Fees:
    • 0.00
  • CDOM:
    • 243
  • Fuel Exp:
    • 0.00
  • Gross Income:
    • 329220.00
  • Insurance Expense:
    • 4891.00
  • Listing Agent License Number:
    • 01923188
  • Listing Key:
    • 364080355
  • Lot Size Acres:
    • 0.2600
  • Lot Size Area:
    • 11327.0000
  • Lot Size Square Feet:
    • 11327.00
  • Maintenance Exp:
    • 6000.00
  • Net Operating Income:
    • 239913.00
  • Number of Buildings:
    • 1
  • Number Of Units Leased:
    • 12
  • Operating Expense:
    • 89301.00
  • Parking Spaces:
    • 16.00
  • Price Per SQFT:
    • 298.96
  • Tax ID:
    • 4006022018
  • Total Expenses:
    • 89307.00
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
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Steve Goddard
Steve Goddard
1040 Manhattan Beach Blvd. Manhattan Beach CA 90266
33.976967 -118.33338

6740 Brynhurst Avenue LOS ANGELES, CA 90043

264038635 33.976967 -118.33338 120 /listing/264038635-150065436/6740-brynhurst-avenue-los-angeles-ca-90043 False 0 4595000.0 15370 105 SR20042747 False
  • $4,595,000
  • 15,370 sqft
  • 11,327 lot
  • Est payment $24666.95/mo