1215 Browning
Los Angeles, CA 90037

  • – beds
  • – baths
  • – sqft
  • 7,813 sqft lot
  • 1921 build
  • on site

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REDUCED! Four units near USC. Only 50% of building is rent control. Each unit has 2 bedooms with 2 units delivered VACANT! Perfect for FHA owner occupant. 2,800+ sqft on large 7,800+ sqft lot! Close to USC, the new Banc of California stadium, and soon-to-be built George Lucas Museum. Left front: VACANT 2BD+1BA with new carpet, paint and remodeled bathroom. FMV rent $1,950/mo. Left rear: VACANT 2BD+1BA. FMV rent $1,400/mo. No rent control. Right front: Large 2BD+2BA. Rented $1,236/mo. Right rear: 2BD+1BA. Rented $945/mo. No rent control. Each unit has 2+ parking spots. Lot size over 7,800 sqft. Booming neighborhood. Could be AirBnB rental for Trojans, Rams, LAFC games, even the next Super Bowl! Sale Price $875,000, GSI $66,363, Total Expense $20,135, Annual Net Income $46,228, GRM 13.19. Cap Rate 5.28%. Great property. Wont last!

California Regional MLS logo Listed By CRMLS_CA / Andrew Watkins / Pacific Playa Realty

Last checked: Checking… • Last updated Apr 18, 2024 •

MLS# 18403434 —

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Sale history

Date Event Source Price % Change
3/19/21
CRMLS_CA $1,033,213 -9.8%
3/16/21
CRMLS_CA $1,145,000
3/3/21
CRMLS_CA $1,145,000 34.7% (15.6% / YR)

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Multifamily Sold on 12/14/2018

$850,000

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Listing provided by broker:

Andrew Watkins

Pacific Playa Realty

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and Pacific Playa Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 00:00 on May 12.

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