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1054 Browning Boulevard
Los Angeles, CA 90037
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.
PROPERTY INFORMATION
| MLS # | 24452365 | Lot Size | 7,084 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,150,000
Price Per SqFt: $ 295 |
DOM | 202 Days |
| Address | 1054 Browning Boulevard | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 3,903 Sq. Ft. |
| Postal Code | 90037 | Garage | N/A |
| County | Los Angeles | Year Built | 1911 |
| Bed / Bath | 6 / 0 | Parking | 5 |
| Built In | 1911 | Status | Active |
INTERIOR FEATURES
| Has Appliances | Yes |
| Kitchen Appliances | Disposal |
| Has Heating | Yes |
| Heating Information | Natural Gas |
| Has Cooling | No |
| Cooling Information | None |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,227
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 10/14/2024 | Listed | $1,150,000 |
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Listing provided courtesy of Keith Moret, Lyon Stahl Investment Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
