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6606 Brynhurst Ave
For Sale $1,800,000 ($379.99 per Sq Ft)
$1,800,000 ($379.99 per Sq Ft)
- 8 Units
- 4,737 Sq Ft
- 11,352 Sq Ft
- Unknown Cap Rate
Description
CURRENT CAP is 4.24% And 14.84 GRM PLUS 2 VACANT UNITS FOR IMMEDIATE UPSIDE. MARKET CAP: 6.77% AND 10.64 GRM In the heart of the evolving Hyde Park neighborhood, this 8-unit multifamily property combines immediate cash flow with significant development potential. The current unit mix includes (5) 1-bed/1-bath units (2 vacant), (2) 2-bed/1-bath units, and (1) 2-bed/2-bath Section 8 unit. There is currently two vacancies ready to be filled. Six units have been recently renovated with laminate flooring, modern tile, updated cabinetry, and granite countertops. Additional features include new exterior paint and landscaping (2017), secured entry with a new electric gate, gated on-site parking for 13 cars, on-site laundry for extra income, and separate gas/electric meters. Strong in-place income with room for growth. Property has been professionally managed since 2017 and has been very well maintained, with any issues immediately addressed. Zoned R3 and located in a Tier 3 TOC area, the site is eligible for multiple incentives including AB 2334 and AB 2097, offering pathways to increased density and reduced parking requirements. By-right development allows for 14 units, or up to 26 with TOC density bonuses. Ideal for investors or developers looking to capitalize on one of LA's most promising submarkets.** Buyer to verify all square footage and development opportunities.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,800,000 |
| Property Type | Multi-Family |
| Usable Sqft | 4,737 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1948 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 4006019026 |
| MLS # | 25570109 |
| Property ID | 290106192 |
| Lot Sqft | 11,352 |
| Zoning | LAR3 |
| Total Units | 8 |
| Days on Market | 178 |
| Original List Price | $1,800,000 |
| Date Updated | October 23, 2025 |
| Date Created | July 28, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 2 | 2.00 | $1,668 | $1,950 |
| Unit #2 | 2 | 1.00 | $1,933 | $1,650 |
| Unit #3 | 1 | 1.00 | $0 | $3,300 |
| Unit #4 | 1 | 1.00 | $1,525 | $4,575 |
| Gross Income (Yr) | $ 121,309 |
| Operating Expenses | $ 45,009 |
| Net Income (Yr) | $ 76,299 |
| Cap Rate | 4.24% |
Listing Provided By
Bethany Woolf an agent of Californian Estates. Lic #01959296
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Robert Crawford
REAL ESTATE AGENT