1197 Browning BLVD, Los Angeles, CA 90037
1197 Browning BLVD, Los Angeles, CA 90037
1197 Browning BLVD, Los Angeles, CA 90037
1197 Browning BLVD, Los Angeles, CA 90037
1197 Browning BLVD, Los Angeles, CA 90037
1197 Browning BLVD, Los Angeles, CA 90037
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Marvin Zayas

Marvin Zayas

+1(310) 413-7683
$ 2,795,000
Est. payment | /mo

12 Beds

16 Baths

6,036 SqFt

Save
$ 2,795,000
Est. payment | /mo
Save

12 Beds

16 Baths

6,036 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,036 sqft

Price per Sqft $463

MLS Listing ID 26848695

Bedrooms 12

HOA Y/N No

Year Built 2020

Lot Size 7,814 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LARD1.5

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Washer

Exterior

Parking Features Driveway, Gated

Total Parking Spaces 8

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5037004021

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Kaela Whelan Compass #01965737

Nearby Locations

Marvin Zayas

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(310) 413-7683

youragentmarvin@gmail.com

Los Angeles, CA, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Marvin Zayas, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

1197 Browning BLVD