1054 Browning BLVD Active

Los Angeles,CA 90037

$ 1150000

6 Beds

5 Baths

3903 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,903 sqft

Price per Sqft $294

MLS Listing ID 24452365

Bedrooms 6

Year Built 1911

Lot Size 7,082 Sqft

Property Description

This charming 5 Unit Hollywood Bungalow style compound is located in the robust Exposition Park neighborhood adjacent to USC and all facilities. It has a healthy 5% cap rate at the list price with in place rents. There is still an outstanding upside in the income of over 67%. The property offers an amazing array of amenities within a 2 or 3 block radius. That includes attractions like the Lucas Museum, BMO Stadium, Exposition Park, John C. Argue Swim Stadium, USC Hybrid HS and the USC campus. The property recently benefitted from major capital improvements including all copper plumbing, new exterior paint and new fascia boards. The building just passed the LAHD S.C.E.P. inspection. (Buyer to independently verify Bedroom counts and Square Footage). The seller is willing to consider carrying a small 2nd trust deed on the property.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LARD1.5

Interior

Heating Natural Gas

Cooling None

Exterior

Garage Uncovered

View Y/N No

View None

Building

Story 1

New Construction No

Others

Special Listing Condition Standard

View More
Favorite Go Tour