6509 Brynhurst Ave - Apartments FOR SALE


Los Angeles, CA 90043- Park Mesa Heights
$3,590,000 USD
6509 Brynhurst Ave, Los Angeles, CA for Sale
$3,590,000 USD
Apartments - FOR SALE
1/42
null | 4.49% Cap Rate

6509 Brynhurst Ave
Los Angeles, CA 90043
Park Mesa Heights


HIGHLIGHTS

  • TWO LARGE OPPOSING LOTS TOTALING 22,725 SF - Expansive combined lot area with 14,636 SF of gross building area, providing operational flexibility.
  • EXCEPTIONAL VALUE-ADD OPPORTUNITY WITH 78% RENTAL UPSIDE!
  • ON-SITE LAUNDRY FACILITIES AND PARKING FOR TENANTS!
  • SELLER FINANCING AVAILABLE - Ownership is open to providing attractive seller financing—significantly reducing the buyer’s equity requirement.
  • CHARMING 1953 & 1964 CONSTRUCTION WITH CLASSIC CURB APPEAL - Two well-maintained, two-story buildings totaling 21 units across two separate properties
  • VALUE-ADD & REDEVELOPMENT POTENTIAL - Favorable LAR3 zoning supports ADU addition (buyer to verify)

OVERVIEW

6509–6510 Brynhurst Ave presents a lender-owned multifamily opportunity with approximately 78% rental upside and seller financing available, offering investors a rare chance to acquire a highly accretive value-add asset with flexible acquisition terms. The offering consists of two adjacent properties totaling 21 units across two buildings, situated on a combined 22,725 SF lot in the high-demand South Los Angeles 90043 submarket. Built in 1953 and 1964, the asset delivers strong in-place income with outsized NOI growth potential through interior renovations and strategic rent repositioning. The property benefits from on-site laundry facilities, tenant parking, and a highly diversified unit mix, supporting both operational efficiency and broad tenant appeal. Favorable LAR3 zoning further positions the asset for future ADU additions or higher-density redevelopment potential (buyer to verify). Ideally located near major employment hubs, transit corridors, and long-term infrastructure investment surrounding SoFi Stadium and Hollywood Park, the asset is exceptionally positioned for sustained tenant demand, long-term appreciation, and multiple executable paths to grow NOI and equity.

FOR SALE DETAILS

PRICE

$3,590,000 USD

PRICE/SF

$245 USD /SF

# OF UNITS

21

PRICE/UNIT

$170,952

CAP RATE

4.49%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

R3, Los Angeles

APN/PARCEL ID

4006-020-004

ASK ABOUT THIS PROPERTY

Tony AzziMarcus & MillichapMore Info

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Tony AzziMarcus & MillichapMore Info

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