6524 Brynhurst Avenue, Los Angeles, CA 90043
Property · 2 recorded sales since 2018
Sold November 2023
Listing Agent: Anthony Walker (DRE #01908153) · Listing Office: Buckingham Investments, Inc · Contact: 310 982-7055 · Bought with: Anthony Walker · Buckingham Investments, Inc · MLS #SB23165983 · Source: CRMLS
About this property
4 Detached bungalows on a huge R-3 TOC Tier 3 lot ripe for development. The lot is has 60' of street frontage and is approximately 190' deep. Excellent location surrounded by multiple similar redevelopment projects, and less than 3 miles from SOFI Stadium and the upcoming Intuit Dome. The seller had a Transit Oriented Community capacity study completed allowing for a maximum of 26 units (3 affordable), 36,000 square foot floor area, with no parking required. The property is located approximately 1,500 feet northeast of the Fairview Heights station on the LAX Crenshaw light rail line. As a result, the potential project meets the eligibility requirement for a TOC Housing Development to be located within 2,640 feet of a Major Transit Stop and the eligibility requirement for a Tier 3 Project. The projected exit value is over $14,000,000 and the current 4-Unit multi-family existing configuration allows for attractive purchase financing.
Listing description from the November 2023 sale, as reported to CRMLS.
Sale history
