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    6524 Brynhurst Ave Los Angeles, CA 90043

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    Sponsored
    For Sale
    $2,399,999

    MULTI_FAMILY - Los Angeles, CA

    Property size:
    32,252 SF
    Lot size:
    0.26 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 28 at 5:06 pm

    Property Features for 6524 Brynhurst Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    LAR3
    Rooms
    Bathroom 33, Bathroom 38, Bathroom 16, Bathroom 55, Bathroom 51, Bathroom 2, Bathroom 29, Bathroom 62, Bathroom 20, Bathroom 4, Bathroom 21, Bathroom 44, Bathroom 52, Bathroom 42, Bathroom 43, Bathroom 1, Bathroom 12, Bathroom 27, Bathroom 14, Bathroom 28, Bathroom 56, Bathroom 3, Bathroom 8, Bathroom 37, Bathroom 9, Bathroom 19, Bathroom 64, Bathroom 6, Bathroom 41, Bathroom 22, Bathroom 63, Bathroom 60, Bathroom 30, Bathroom 23, Bathroom 7, Bathroom 10, Bathroom 18, Bathroom 58, Bathroom 39, Bathroom 34, Bathroom 15, Bathroom 13, Bathroom 17, Bathroom 40, Bathroom 46, Bathroom 48, Bathroom 53, Bathroom 59, Bathroom 47, Bathroom 5, Bathroom 31, Bathroom 50, Bathroom 32, Bathroom 45, Bathroom 25, Bathroom 54, Bathroom 57, Bathroom 11, Bathroom 26, Bathroom 24, Bathroom 36, Bathroom 35, Bathroom 49, Bathroom 61
    Bathrooms
    64
    APN
    4006-019-009
    Size
    32,252 SF
    Lot size
    0.26 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2026
    Floors in Building
    4
    Number of units
    64

    We can help!

    Listing Contact
    Daniel Lalezari

    Keller Williams Realty Hollywood Hills

    Listing agent Daniel Lalezari License #01949474

    Listing date Mar 27, 2026

    MLS# 26667305

    Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Entitled Multifamily Development Opportunity

    This is a fully entitled, ready-to-issue (RTI) project featuring 64 units plus a manager's office that can be converted into a unit. The design includes 55 one-bedroom units and 9 studios within a Type V, four-story structure with wood frame floors. The property is located in Hyde Park, just outside Inglewood, allowing adherence to Los Angeles building codes and inspections. The surrounding area features new apartment and retail buildings. The City of LA purchased a 5-story, 41-unit building across the street for $17.3 million as part of Project Homekey. Situated in a TOC Tier 3 area, the property is within walking distance of the Crenshaw metro rail line, restaurants, and close to SoFi Stadium, the Kia Forum, LAX, Hollywood Park, Intuit Dome, and Baldwin Hills Crenshaw Plaza. The building is fully ADA compliant for seniors, but the housing covenant allows rentals to anyone. The new design features no parking with 32,252 square feet of building area. Each floor includes a laundry room, outdoor bicycle area, and storage. The property is currently a vacant fourplex, located close to West Adams, Downtown, and Culver City, and minutes from Inglewood. The lot size is 0.2618 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.333372
    Latitude
    33.97977

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    FAQs

    What type of property is this?
    Residential land & home lot - Ready-to-build 64-unit affordable housing project near Crenshaw metro.
    Where is this residential land & home lot located?
    The property is located at 6524 Brynhurst Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $2,399,999.
    What are key features of this property?
    This property features: - Fully entitled, RTI (Ready to Issue) permits in hand for a 64-unit affordable housing project, enabling immediate construction.; - Located in a TOC Tier 3 area, near the Crenshaw metro rail line, providing convenient access to transportation, restaurants, and amenities.; - Proximity to major attractions like SOFI Stadium, KIA Forum, LAX, Intuit Dome, and Hollywood Park.
    (310) 623-1300
    Request Owner's contact information
    6524 Brynhurst Ave Los Angeles, CA 90043
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    Los Angeles, CA 90043
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6524 Brynhurst Ave Los Angeles, CA 90043
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    We can help!
    Listing Contact
    Daniel Lalezari
    Real Estate License ID: 01949474
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