Ready-to-Build Affordable Housing
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6524 Brynhurst Ave, Los Angeles, CA 90043
Entitled 64-unit affordable housing project near Crenshaw metro line.
Property Size32,252 SF
Price / SF$65.11
Days on Market136
Property Features for 6524 Brynhurst Ave
General Information
Standard status
Active
Size
32,252 SF
Property subtype
Land
Zoning
LAR3
Listing Agency:
KW Hollywood Hills
(310) 623-1300
Listed By:
DANIEL LALEZARI · License #CA
Source:
Crexi
Added: Mar 27
Changed: Aug 8
Last Checked: Aug 8 at 3:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Hollywood Hills
Investment Insights
Based on property information with market context.
This is a fully entitled, Ready to Issue (RTI) project with in-hand permits for a 100% Affordable ED1 development. The project features 64 units, including 55 one-bedroom units and 9 studios, plus a manager's office that can be converted into a unit. The building is a Type V, four-story structure with a fully stacked design featuring all wood frame floors. The design aims to maximize the number of units while minimizing construction costs and time. Located in Hyde Park, just outside the City of Inglewood, the property adheres to Los Angeles Building and Safety codes. The surrounding area features new construction apartment and retail buildings. The City of LA purchased a 5-story, 41-unit building directly across the street for $17.3 million as part of Project Homekey. The property is in a TOC Tier 3 area, within walking distance of the Crenshaw metro rail line and close to various amenities. It is also near 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 currently has a fully vacant fourplex on the site and is located close to West Adams, Downtown, and Culver City, and minutes from Inglewood. A developer can break ground immediately.
Key Highlights
- Fully entitled, RTI permits in hand for a 64‑unit affordable housing project (plus manager's office convertible to a unit).
- Significant construction cost and time savings due to the Type V, four‑story, fully stacked wood frame design.
- Located in a TOC Tier 3 area, walking distance to the Crenshaw metro rail line, restaurants, and close to major venues like SOFI Stadium, KIA Forum, and Intuit Dome.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,753
Businesses Nearby
Explore this area
Business Placement
Demographics for 90043, CA
46,179
Population
18,307
Households
2.5
Avg Household Size
41
Median Age
31%
College-Educated
85%
High-School Grad
4.1 sq mi
ZIP Area
11,263
Density / Sq Mi
$65,496
Median Household Income
$42,077
Median Earnings
$1,424
Median Rent
$867,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Entitled 64-unit affordable housing project near Crenshaw metro line.
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 $2,099,990.
What are key features of this property?
This property features: Fully entitled, RTI permits in hand for a 64‑unit affordable housing project (plus manager's office convertible to a unit).; Significant construction cost and time savings due to the Type V, four‑story, fully stacked wood frame design.; Located in a TOC Tier 3 area, walking distance to the Crenshaw metro rail line, restaurants, and close to major venues like SOFI Stadium, KIA Forum, and Intuit Dome.
