Description

We are pleased to offer for sale a 14-unit (12+2 ADU) apartment community located at 6332 Brynhurst Avenue. The subject property is situated just east of West Boulevard and north of Hyde Park Boulevard.The property is located within a high-density pocket of South Los Angeles offering residents convenient access to employment hubs, retail, and entertainment, and is a short drive from SoFi Stadium, one of the region's premier sports and entertainment venues.Positioned on an 11,378-square-foot parcel, the property consists of one one-bedroom unit, one two-bedroom unit, seven three-bedroom units, and five four-bedroom units. The asset is offered at a 7.75% cap rate and an 8.64 GRM. Constructed in 2014, the property represents a newer apartment asset relative to the surrounding housing stock and features ample garage parking with 20 spaces.6332 Brynhurst Avenue presents an opportunity to acquire a modern apartment asset with a strong in-place yield in the infill South Los Angeles market.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.This property is marketed alongside 4920 South Broadway and may be purchased together or separately.