Los Angeles, CA 90037,1202 Browning Blvd
Los Angeles, CA 90037,1202 Browning Blvd
Los Angeles, CA 90037,1202 Browning Blvd
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$2,795,000
Est. payment /mo
12 Beds
16 Baths
6,036 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,036 sqft

Price per Sqft $463

MLS Listing ID 25618617

Bedrooms 12

Year Built 2020

Lot Size 7,801 Sqft

Acres 0.1791

Property Sub-Type Multi-Family

Property Description

A 5.8 cap rate with actual currents rent and expenses and not subject to rent control, this 2020 newer construction, sleek four unit property is an absolute gold mine. Located blocks from the USC campus, this modern income property features gorgeous townhome-style units, each designed with quality finishes and thoughtful details throughout. If steady cash flow and low maintenance are what you're looking for, you've found the perfect property. Separately metered for gas, water and electrical, bringing expenses to a minimum. Each unit features three bedrooms, three and a half bathrooms with an open concept layout, high end finishes, stainless steel appliances, recessed lighting, en suite bathrooms in every bedroom, in unit laundry and walk in closets and balconies upstairs. You can feel the quality of construction as soon as you step foot in one of the units. There is parking for 8 cars on site, through a secured gate in the front. This property presents an exceptional, turn-key investment opportunity in a high-growth pocket of Los Angeles. Whether you're expanding your portfolio or seeking a reliable cash-flowing asset, 1202 Browning Blvd is a proven money maker in one of LA's most consistent rental markets.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Air Conditioning, Central

Equipment Dishwasher, Dryer, Garbage Disposal, Refrigerator, Range/Oven, Washer, Microwave

Exterior

Parking Features Driveway - Pavers

Garage Spaces 8.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


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TheMLS (CLAW)
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Kirshner Elkin Properties

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