6740 Brynhurst Ave - Apartments FOR SALE


Los Angeles, CA 90043- Park Mesa Heights
$4,495,000 USD
310-926-5181
6740 Brynhurst Ave, Los Angeles, CA for Sale
$4,495,000 USD
Apartments - FOR SALE
1/25
null | 4.9% Cap Rate

6740 Brynhurst Ave
Los Angeles, CA 90043
Park Mesa Heights


HIGHLIGHTS

  • Rare opportunity to acquire a turnkey 12-unit multifamily building located in Los Angeles
  • Built in 2019, the building is not subject to LA Rent Control (RSO)
  • Modern construction with a highly desirable unit mix of extremely spacious, well-designed layouts including (1) 1+1, (4) 2+2, and (7) 3+2
  • Potential to convert rec/laundry room into an ADU for added income (Buyer to verify ADU potential)
  • Located near SoFi Stadium, Crenshaw/LAX Metro Line, and key job centers in Inglewood, Culver City, and Downtown LA
  • Laundry facilities on site and each unit includes a private balcony and covered, reserved parking with 12 spaces for tenants

OVERVIEW

Kidder Mathews is pleased to present the opportunity to acquire The Ramp Apartments, a 12-unit luxury multifamily asset located at 6740 Brynhurst Avenue, in the rapidly evolving Hyde Park neighborhood of Los Angeles. Built in 2019, this modern, non-rent controlled three-story building offers investors a rare chance to own a high-quality asset in a growing submarket near SoFi Stadium and the expanding Crenshaw/LAX Metro Line. The Ramp Apartments feature a desirable unit mix of large, well-designed layouts, including (1) one-bedroom, one-bath unit, (4) two-bedroom, two-bath units, and (7) three-bedroom, two-bath units. Two units are designated as affordable housing, providing long-term income stability and occupancy consistency. Each unit includes a private balcony and covered, reserved parking. The building comprises approximately 15,951 square feet on an 11,327 square foot lot, with 12 on-site parking spaces. Laundry facilities are located on-site within the first-level recreation room, which presents a unique opportunity for ADU conversion—offering additional upside potential through unit count expansion or added income (Buyer to confirm ADU potential). Located in one of South Los Angeles’ most promising and rapidly developing corridors, 6740 Brynhurst benefits from strong rental demand, proximity to major transit lines and entertainment venues, and access to employment hubs across Inglewood, Culver City, and Downtown LA. The surrounding area continues to experience significant public and private investment, fueling long-term growth and neighborhood revitalization. With modern construction, attractive tenant amenities, and potential for added value through ADU conversion, The Ramp Apartments present a compelling investment opportunity in one of Los Angeles’ most dynamic markets.

FOR SALE DETAILS

PRICE

$4,495,000 USD

PRICE/SF

$293 USD /SF

# OF UNITS

12

PRICE/UNIT

$374,583

CAP RATE

4.9%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2019

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

R3

APN/PARCEL ID

4006-022-018

ASK ABOUT THIS PROPERTY

Janet NemanKidder MathewsMore Info
310-926-5181

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Janet NemanKidder MathewsMore Info
310-926-5181

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.