6524 Brynhurst Avenue, Los Angeles, Los Angeles County, CA, 90043 Los Angeles CA US

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. Find out more about this property. Request details here