1054 Browning Boulevard
Los Angeles, CA, 90037
$1,150,000
Beds
0 Baths
SqFt
0.16 Acres
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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 Details

Price:
$1,150,000
MLS #:
24452365
Status:
Active
Baths:
0
Address:
1054 Browning Boulevard
Type:
Residential Income
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Oct 11, 2024
State:
CA
ZIP:
90037
Lot Size:
7,084 sqft / 0.16 acres (approx)
Year Built:
1911
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