6607 Brynhurst Avenue

Los Angeles, CA 90043

$1,600,000

List Price

8

bed Beds

6

shower Baths

4,722 sqft

straighten / sqft

1946

calendar_month Built

Property Description

Great investment opportunity for a builder to develop, an investor to buy and hold or as an owner-occupied property. ED1 Eligible. Eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions (See Docs). This premier development opportunity is zoned R3-1, and located within a TOC Tier 3 designation, offers substantial incentives for increased density and reduced parking requirements. With a sizable lot and significant allowable floor area, this parcel is ideal for developers aiming to create a high-density, multifamily residential project in a thriving area of Los Angeles. Key Features include a generous Buildable Area which covers 11,343 sq. ft. with a buildable square footage of 34,029 sq. ft., providing ample space for a substantial development. With optimized density and parking efficiency you may Benefit from a 70% increase in allowable density and a 50% reduction in parking requirements, enhancing the project's feasibility and cost-effectiveness. Its strategic location offers easy access to major transportation routes and urban amenities, ensuring strong demand and sustained growth potential. All information deemed reliable but not guaranteed. Buyer and buyers agent to perform their own investigation regarding zoning, planning, lot size and build-ability of the site, to their satisfaction. Call listing agent for additional information on rent roll.

Listing Information

List Price $1,600,000
Status Active
MLS 24415269
Type Residential Income
Year Built 1946
Lot Size 11,343
Structure Size 4,722
DOM 58
Courtesy Of RE/MAX ESTATE PROPERTIES
Listing Agent Shamim Khorsand Mashhadi DRE#02042990

Interior Features

Total Bedroom
Bedrooms 8
Total Bathroom
Bathrooms 6
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Shamim Khorsand Mashhadi, RE/MAX ESTATE PROPERTIES . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:21 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.