1045 Browning Boulevard
Los Angeles, CA 90037
- – beds
- – baths
- – sqft
- 7,822 sqft lot
- 1924 build
- – on site
More homes
Discover an exceptional investment opportunity at 1045 Browning Boulevard in Los Angeles. This 7,820 square foot lot is strategically located in the desirable Exposition Park area. One of the last commercial zone lots on the block. Currently functioning as a four-unit multifamily property, this site generates income while you navigate the entitlement process. The property is zoned LAC2-2D-CPIO, allowing for the development of up to 19 units by-right. However, leveraging the Tier 3 Transit Oriented Communities (TOC) benefits, there is potential to increase this to 34 units. The TOC program offers valuable incentives such as significant density bonuses, reductions in setbacks, parking requirements, and an enhanced floor area ratio. Surrounded by vibrant local amenities, including the new George Lucas Museum, Exposition Park, the LA Coliseum, BMO Stadium, and the Natural History Museum, this property is positioned for growth in a thriving neighborhood. This offering presents an excellent opportunity for any investor or developer looking to capitalize on a mid-size lot with substantial development potential in a prime Los Angeles location. Don't miss out on the chance to create a significant impact in this rapidly evolving area!
Last checked:
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Last updated Mar 4, 2025
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MLS# 24458759 —
The Building
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Year Built:1924
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New Construction:No
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Building Area Total:4162.00
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Total Number Of Units:4
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# of Buildings:2
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Architectural Style:Spanish
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Entry Level:2
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Common Walls:No Common Walls
Interior
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Levels:Multi/Split
Location
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Directions:East of Vermont and North of Martin Luther King Jr Boulevard
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Latitude:34.01245000
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Longitude:-118.29311800
The Property
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Property Type:Residential Income
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Property Condition:Repairs Cosmetic
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Zoning:LAR3
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Lot Size Area:7822.0000
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Lot Size Acres:0.1796
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Lot Size SqFt:7822.00
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View:1
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View:City Lights
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Security Features:Gated Community
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5037024007
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Covered, Garage - Two Door, Uncovered
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Parking Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/31/24
Dec 31, 2024
|
Sold | CRMLS_CA | $1,135,000 | 3.3% |
|
11/19/24
Nov 19, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $1,099,000 | |
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11/2/24
Nov 2, 2024
|
Listed / Active | CRMLS_CA | $1,099,000 |
