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.

Based on information submitted to CRMLS as of October 15, 2024 5:51 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Property Details of 6524 Brynhurst Avenue

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Bridge Multifamily Team