Skip To Content

    1052 Browning Blvd

    Los Angeles, CA 90037
    • $2,850,000
    • STATUS: Active
    • ON SITE: 89 days
    • MLS #: 21-690764
    UPDATED: 29 min ago
    $2,850,000
    • 18
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,305
      SQFT
    • $306
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    I am pleased to offer for sale a 12 unit apartment community located at 1052 Browning Boulevard in an infill Los Angeles neighborhood. Located less than one mile from the University of Southern California and less than three miles from Downtown Los Angeles, the subject property is directly positioned in the path of development. Browning is situated on a 9,305 square foot parcel and features one studio, seven one-bedroom units, two two-bedroom units, one three-bedroom unit and one four-bedroom unit. Investors will have the opportunity to acquire a property at an attractive basis with an ideal unit-mix that caters to USC students that are increasingly seeking housing south of campus. The offering represents a compelling buying opportunity to acquire a well-maintained property that can be further upgraded by repositioning interiors and common areas to attract the growing base of young professionals and students from nearby USC.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-08T22:42:16.577. 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.
    www.markwiseproperties.com/homes/114058996
    Print Image

    1052 Browning Blvd Los Angeles, CA 90037

    • Price: $2,850,000
    • Status: Active
    • Updated: 29 min ago
    • MLS #: 21-690764
    18
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    9,305
    SQFT
    $306
    $/SQFT
    1964
    Built
    Neighborhood:
    Los Angeles Southwest
    County:
    Los Angeles
    Area:
    Los Angeles Southwest
    Property Description
    I am pleased to offer for sale a 12 unit apartment community located at 1052 Browning Boulevard in an infill Los Angeles neighborhood. Located less than one mile from the University of Southern California and less than three miles from Downtown Los Angeles, the subject property is directly positioned in the path of development. Browning is situated on a 9,305 square foot parcel and features one studio, seven one-bedroom units, two two-bedroom units, one three-bedroom unit and one four-bedroom unit. Investors will have the opportunity to acquire a property at an attractive basis with an ideal unit-mix that caters to USC students that are increasingly seeking housing south of campus. The offering represents a compelling buying opportunity to acquire a well-maintained property that can be further upgraded by repositioning interiors and common areas to attract the growing base of young professionals and students from nearby USC.
    Exterior Features

    Lot Size Area 9808 Other Structures None Parking Garage None Total Parking 14

    Interior Features

    Baths Total 17.00 Cooling Other Equipment Other Heating Other

    Property Features

    Assessed Total Value 480442 Gross Income 205154 Gross Operating Income 200453 Like Units1 1 Like Units2 7 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 114503.00 Number Of Buildings 1 Number Of Units 12 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 88350 Type Of Units Residential Year Built Source Assessor Zoning Lard1.5

    Listing provided courtesy of Sean Rosenzweig DRE#01406343 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-08T22:42:16.577. 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.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-690764-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-690764-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-690764-2.jpg
    Logo
    Mark Wise | Bennion Deville Homes
    71691 Highway 111
    Rancho Mirage CA, 92270