6119 Brynhurst Ave, Los Angeles, CA 90043
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6119 Brynhurst Ave Los Angeles, CA 90043

$5,690,000 Sold Price as of 07/07/2022
  • 56 Beds
  • 43 Baths
  • 23,258 Sq.Ft.
Sold
$5,690,000 Sold Price as of 07/07/2022 Refinance Your Mortgage

Map preview of 6119 Brynhurst Ave, Los Angeles, CA 90043

Property Overview: 6119 Brynhurst Ave Los Angeles, CA has 56 bedrooms, 43 bathrooms, 23,258 living square feet and 20,853 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The Shinto Apartments are located at 6119 Brynhurst Avenue, situated in the booming Hyde Park neighborhood and feature almost 72% +/- rental upside for its new owner! The large 23,258 square foot building sits on a 20,852 square foot lot (R3 zoning) and has ample parking and onsite laundry available. The unit mix is terrific - nearly all 3 Bedrooms and 2 Bedrooms, all of which are individually metered for gas and electricity. The property has been professionally managed since 1995 and is on the market for the first time in 27 years! The seismic soft-story retrofit work is complete, along with the gas shutoff valves! The roof was also recently replaced approximately 5 years ago. Hyde Park is rapidly gentrifying due to it's ideal proximity between the artist's haven of Leimert Park and booming Inglewood. And, this property is walking distance to the brand new Crenshaw/Hyde Park metro stop located just one mile away! New developments are always popping up in Hyde Park as well!

Listed by Josh Cohen | BRE #01346713 | Keller Williams Beach Cities
Last checked: 11 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
20,853
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SB22082356
City
Los Angeles
County
Los Angeles
Time on Site
758 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 26
  • Total # of Buildings: 1
  • # of Electric Meters: 27
  • # of Gas Meters: 27
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $120,828
  • Total Rent: $120,828
  • Pro Forma/Market Rent: $217,248
Unit Breakdown 2
  • # of Units: 5
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $95,977
  • Total Rent: $95,977
  • Pro Forma/Market Rent: $164,100
Unit Breakdown 3
  • # of Units: 12
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $189,812
  • Total Rent: $189,812
  • Pro Forma/Market Rent: $325,872
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $17,580
  • Total Rent: $17,580
  • Pro Forma/Market Rent: $21,180
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.77%
  • Gross Rent Multiplier: 14.14
  • Gross Scheduled Income: $424,198
  • Net Operating Income: $226,282
  • Gross Operating Income: --
  • Vacancy Allowance: $8,484
Annual Expense Breakdown
  • Total Operating Expense: $196,087
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0
  • Other Expenses: $196,087
  • Other Expense Description: Contact

Property Details for 6119 Brynhurst Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Three Or More
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 26
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 26
  • Parcel Number: 4006006034
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Near Brynhurst and 60th
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

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Sale History for 6119 Brynhurst Ave

Last sold for $5,690,000 on July 7th, 2022
  • July, 2022

  • Jul 7, 2022

    Date

    Sold

    CRMLS: SB22082356

    $5,690,000

    Price

  • Apr 22, 2022

    Date

    Active

    CRMLS: SB22082356

    $6,000,000

    Price

  • May, 1995

  • May 22, 1995

    Date

    Sold (Public Records)

    Public Records

    $380,000

    Price

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Tax History for 6119 Brynhurst Ave

Assessed Value (2020): $615,386
Year Land Value Improved Value Assessed Value
2020 $303,793 $311,593 $615,386

Home Value Compared to the Market

This property vs the competition

6119 Brynhurst Ave sold on July 7, 2022 for 404.2% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $257.98 per/sqft which puts the price per square foot 65.83% lower than the current median sale per square foot for the city of Los Angeles.

About 6119 Brynhurst Ave

Detailed summary of property

6119 Brynhurst Ave is a multi family that recently sold in Los Angeles, CA 90043. This multi family property offered 56 bedrooms, 43 bathrooms, roughly 23,258 living square feet, and sits on an approximately 20,853 square foot lot. 6119 Brynhurst Ave was first listed on ArdentRealEstateGroup.com on April 22, 2022. The homeowner sold the property for $5,690,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 404.2% higher than the current median priced home. Local homes that are currently for sale include 654 E 24th St, 3704 Glendon Ave and 1100 S Corning St. While the average home in Los Angeles, CA is selling in 92 days, 6119 Brynhurst Ave has a days on market of 17 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 6119 Brynhurst Ave Los Angeles, CA 90043 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6119 Brynhurst Ave

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
23,258
Lot Size
20,852
Stories
--
Type
Apartment House (5+ Units)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
155,158
APN
4006-006-034

The source for these homes facts are from public records.

90043 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$965,000
Median List Price/Sq.Ft.
$612
Median Sold Price
$727,000
Median Sold Price/Sq.Ft.
$516
Total Inventory
86
Median Sale to List Price %
96.93%
Avg Days on Market
46
Loan Type
Conventional (25%), FHA (6.25%), VA (0%), Cash (31.25%), Other (6.25%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.