With a 5.8% cap rate based on actual current rents and expenses, 1197 Browning Blvd presents a rare opportunity to acquire a newer construction, low-maintenance fourplex in the heart of Los Angeles, just blocks from the USC campus. Built in 2020, this modern income property features four spacious townhome-style units designed with quality finishes and thoughtful layouts throughout.Each unit offers three bedrooms and three and a half bathrooms, featuring open-concept living spaces, quartz countertops, oversized kitchen islands, stainless steel appliances, recessed lighting, en-suite bathrooms in every bedroom, in-unit laundry, and central HVAC. The two upper-level bedrooms include walk-in closets and private balconies, creating an attractive living experience that continues to drive strong tenant demand.Separately metered for gas, water, and electricity, the property operates efficiently while minimizing owner expenses. Additional features include eight gated on-site parking spaces and quality construction that is evident from the moment you step inside.Ideally located near USC, the property benefits from proximity to Exposition Park, the Los Angeles Memorial Coliseum, BMO Stadium, the Natural History Museum, California Science Center, Downtown Los Angeles, and major employment hubs throughout the city. Easy access to the Metro E Line and the 10 and 110 Freeways further enhances the property’s appeal to students and professionals alike.Whether you’re completing a 1031 exchange or expanding your portfolio, 1197 Browning Blvd offers a turnkey investment opportunity with strong cash flow, modern construction, and a location positioned for long-term rental demand and appreciation.
Property Details
Price:
$2,795,000
MLS #:
26848695
Status:
Active
Beds:
12
Baths:
16
Type:
Single Family
Neighborhood:
c34losangelessouthwest
Listed Date:
Jun 17, 2026
Finished Sq Ft:
6,036
Total Sq Ft:
6,036
Lot Size:
7,815 sqft / 0.18 acres (approx)
Year Built:
2020
See this Listing
Schools
Interior
Appliances
DW, GD, MW, RF
Cooling
CA
Heating
CF
Laundry Features
WINC
Levels
U
Exterior
Parking Spots
8
Parking Total
8
Financial
Maintenance Fee
$1,000
Map
Community
- Address1197 Browning BL Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Jun 17, 2026
7,234
Single Family Listed
84
Avg DOM
432
Avg $ / SqFt
$1,678,128
Avg List Price
Property Summary
- 1197 Browning BL Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90037. It is listed for $2,795,000 and features 12 beds, 16 baths, and has approximately 6,036 square feet of living space, and was originally constructed in 2020. The current price per square foot is $463. The average price per square foot for Single Family listings in Los Angeles is $432. The average listing price for Single Family in Los Angeles is $1,678,128.
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