This is well-maintained property. entire new roof replacement in year 2022, new pipes installed, upgraded kitchen and bathroom of middle unit. A rare opportunity to own a stable rental property of corner lot. Total three units on a quiet street near USC, LAFC Stadium, the Natural History Museum, and the Science Center. Zoned LARD2, the property includes two buildings with a total of three units, featuring recent upgrades such as a new roof, updated bathrooms, and flooring. Unit 1: 2 bedrooms, 1 bathroom, Unit 2: 2 bedrooms, 1 bathroom, Unit 3: 1 bedroom, 1 bathroom, with a one-car garage and a separate address at 3972 Dalton Ave. With stable tenants and a 6.5% cap rate, this property is an excellent investment. Additionally, the owner is in the process of applying for permits to reconfigure the units into one 2-bedroom unit, one 4-bedroom unit, and one 3-bedroom unit. Once completed, the reconfiguration is projected to increase the cap rate to over 8%, making this property an even more attractive
Please DO NOT disturb tenants.
Please DO NOT disturb tenants.
Property Details
Price:
$968,000
MLS #:
OC24232113
Status:
Active
Baths:
0
Address:
1475 Browning blvd
Type:
Residential Income
Subtype:
Duplex
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Nov 11, 2024
State:
CA
ZIP:
90062
Lot Size:
5,397 sqft / 0.12 acres (approx)
Year Built:
1907
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Schools
Interior
Appliances
Gas Range, Gas Water Heater
Fireplace Features
None
Interior Features
Unfurnished
Exterior
Community Features
Park
Electric
Standard
Garage Spaces
1.00
Lot Features
2-5 Units/ Acre, Corner Lot
Parking Spots
6.00
Pool Features
None
Roof
Tile
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
None
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Cable T V, Electricity, Gas
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Map
Community
- Address1475 Browning blvd Los Angeles CA
- AreaC34 – Los Angeles Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90062
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Courtesy of Golden Orange Realty Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1475 Browning blvd
Los Angeles, CA
LIGHTBOX-IMAGES