6514-6518 BRYNHURST AVE LOS ANGELES CA...

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www.CONCORD-RE.com | [email protected] | 310.551.0660 449 South Beverly Drive, First Floor, Beverly Hills, CA 90212 6514-6518 BRYNHURST AVE LOS ANGELES CA 90043 OFFERING MEMORANDUM 6 NON RENT CONTROLLED UNITS BRAND NEW CONSTRUCTION

Transcript of 6514-6518 BRYNHURST AVE LOS ANGELES CA...

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www.CONCORD-RE.com | [email protected] | 310.551.0660

449 South Beverly Drive, First Floor, Beverly Hills, CA 90212

6514-6518 BRYNHURST AVELOS ANGELESCA 90043

OFFERING MEMORANDUM

6 NON RENT CONTROLLED UNITS

BRAND NEW CONSTRUCTION

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PRESENTEDBY

Kenny Stevens

Senior Vice President

BRE#01090251

310.968.7005 cell

[email protected]

Our mission

PROPERTY SUMMARYProperty Highlights

Property Details

Property Location

Aerial Photo

Parcel Orientation

Photography

FINANCIALSFinancial Overview

Rent Roll

COMPARABLESRent Comps

MARKETING PACKAGEOVERVIEW

www.CONCORD-RE.com | [email protected] | 310.551.0660

449 South Beverly Drive, First Floor, Beverly Hills, CA 90212

6514-6518 BRYNHURST AVELOS ANGELES, CA 90043

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ABOUT US

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

Our world has changed and so has the business of real estate. It’s not enough to work with a typical real estate

company. At Concord, we think of ourselves as your partner - one who can bring every aspect of your portfolio

together under one roof, combining corporatecapabilities with a family feel.

Concord is the evolution of real estate. We’re changing the game and moving above and beyond what

you’ve come to expect. This is real estate unified; next-level services that seamlessly connect the dots so you

don’t have to. From acquisition to management to construction to the disposition, Concord is elevating your

experience every step of the way.

6514-6518 BRYNHURST AVELOS ANGELES, CA 90043

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OUR CLIENTS ENTRUST US WITH SO MANY ASPECTS OF THEIR REAL ESTATE LIFE. OUR MISSION IS TO DUTIFULLY GUIDE THEM, CREATE VALUE AND ACT

IN HARMONY WITH THEIR BEST INTEREST.

WE PARTNER WITH YOU EVERY STEP OF THE WAY TO ELEVATE YOUR REAL ESTATE EXPERIENCE

a different kind of real estate partner.

OUR MISSION 6514-6518 BRYNHURST AVELOS ANGELES, CA 90043

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PROPERTY SUMMARY

6514-6518 BRYNHURST AVE

LOS ANGELES, CA 90043

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

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PROPERTY SUMMARYPROPERTY HIGHLIGHTS

BRAND NEW CONSTRUCTION• Brand new construction - 2017 certificate of occupancy

• In the process of lease up

• 12 surface parking spaces (2 per unit)

• (6) 3 bedroom 2 bathroom units averaging approximately 1,350 SQ. FT.

• All upper units have balconies and all units have washer/dryers

• Separately metered for all utilities, including water

• Non Rent Controlled

• Minutes away from New Rams Stadium

• Walking distance from future Crenshaw/LAX Line

6514-6518 BRYNHURST AVELOS ANGELES, CA 90043

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PROPERTY SUMMARYPROPERTY DETAILS

PROPERTY DESCRIPTION

Units (6) 3 Bedroom & 2 BathroomMajor Intersection Brynhurst Ave & Hyde Park Ave

Market Park Mesa HeightsAPN 4006-019-005Zoning Type LAR3Lot Size 11,368 SF

PROPERTY DETAILS

Concord Real Estate Services proudly presents the offering memorandum for 6514-

6518 Brynhurst Avenue. The property is brand new construction with a 2017

certificate of occupancy. The unit mix consists of (6) 3 bedroom 2 bathroom units

that average roughly 1,350 square feet. There are 12 surface parking spaces (2 per

unit). The property is vacant and has begun the process of lease up. All upper units

have balconies and all units have full side by side washer/dryers. The property is

separately metered for gas and electricity and water and sits on an 11,368 square

foot lot.

6514-6518 BRYNHURST AVELOS ANGELES, CA 90043

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PROPERTY SUMMARYPROPERTY LOCATION - CRENSHAW/LAX TRANSIT PROJECT

6514-6518 Brynhurst Ave

6514-6518 BRYNHURST AVELOS ANGELES, CA 90043

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PROPERTY SUMMARYPROPERTY LOCATION

6514-6518 Brynhurst Ave

6514-6518 BRYNHURST AVELOS ANGELES, CA 90043

Los Angeles Stadium at Hollywood Park(Planned to open in 2020, the stadium will serve

as the home to the Los Angeles Rams and Los

Angeles Chargers of the National Football

League (NFL); it is also scheduled to host Super

Bowl LVI in February 2022.

The Forum(A multi-purpose indoor arena.

The Forum is slated to host the

Gymnastics events for the 2028

Summer Olympics)

Hollywood Park Casino

Edward Vincent Jr Park(This 55-acre park has multiple

playgrounds, plus athletic

facilities, picnic areas & a pool)

Darby Park(Recreation area with

playground & areas for

picnics, tennis, basketball,

skateboards & field sports)

Rogers Park(Parkland with a playground,

recreation building, as well

as wading pool & various

sporting fields)

Ladera Park(16 wooded acres with ball

sports, tennis courts, picnic

grills, amphitheater &

recreation center)

Puerto Nuevo Coffee

Orleans & York

New Orleans Snoballs

Hall's Krispy Krunchy Chicken

La Louisanne

Bonnie B Bakery

Sachi Teriyaki House

WestchesterInglewood

Hyde Park

Westfield Culver City(shopping mall)

The Promenade at Howard Hughes Center

(Innovative open-air

shopping center boasts a

range of restaurants, retailers

& a multiplex theater)

Fox Hills

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PROPERTY SUMMARYPROPERTY AERIAL

6514-6518 BRYNHURST AVELOS ANGELES, CA 90043

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PROPERTY SUMMARYPARCEL ORIENTATION

6514-6518 BRYNHURST AVELOS ANGELES, CA 90043

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PROPERTY SUMMARYPROPERTY PHOTOS

6514-6518 BRYNHURST AVELOS ANGELES, CA 90043

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PROPERTY SUMMARYPROPERTY PHOTOS

6514-6518 BRYNHURST AVELOS ANGELES, CA 90043

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PROPERTY SUMMARYPROPERTY PHOTOS

6514-6518 BRYNHURST AVELOS ANGELES, CA 90043

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PROPERTY SUMMARYPROPERTY PHOTOS

6514-6518 BRYNHURST AVELOS ANGELES, CA 90043

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This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

FINANCIALS

6514-6518 BRYNHURST AVE

LOS ANGELES, CA 90043

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FINANCIALSVALUATION - $1,950,000

6514-6518 BRYNHURST AVELOS ANGELES, CA 90043

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FINANCIALSRENT ROLL

6514-6518 BRYNHURST AVELOS ANGELES, CA 90043

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This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

COMPARABLES

6514-6518 BRYNHURST AVE

LOS ANGELES, CA 90043

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COMPARABLESRENT COMPS

Sales Comps

1653 W 83rd St

4022 W 63rd St

3843 W 59th St

900 W Beach Ave

1118 E. Fairview Blvd

6514-6518 BRYNHURST AVELOS ANGELES, CA 90043

6514-6518 Brynhurst Ave

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COMPARABLESRENT COMPS

Rent $2,350

Unit Type 3 + 2

Year Built 2017

4

6518 Brynhurst Ave, Los Angeles, Ca 90043

1653 W 83rd St, Los Angeles, CA 90047

3843 W 59th St, Los Angeles, CA 90043

900 W Beach Ave, Inglewood, CA 90302

Rent $2,650

Unit Type 3 + 2

Year Built 1929

Rent $2800

Unit Type 3 + 2

Year Built 1932

Rent $2,700

Unit Type 3 + 1

Year Built 1928

4022 W 63rd St, Los Angeles, CA 90043 1118 E. Fairview Blvd, Inglewood, CA 90302

Rent $2,650

Unit Type 3 + 1

Year Built 1927

Rent $1,495

Unit Type 1 + 1

Year Built 1944

Concord currently manages this property

6514-6518 BRYNHURST AVELOS ANGELES, CA 90043

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www.CONCORD-RE.com | [email protected] | 310.551.0660

449 South Beverly Drive, First Floor, Beverly Hills, CA 90212

OFFERING MEMORANDUM

KENNY STEVENSBRE# 01090251

C: 310.968.7005

[email protected]