1047 Browning Blvd | Los Angeles, CA 90037
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- LoopNet Team
1047 Browning Blvd
Los Angeles, CA 90037
Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Prime South LA Location in Exposition Park
- Covered Land Play - Offered at a 6% Cap Rate on Current Numbers
- Nineteen (19) Units By-Right
- Large 7,820 SF Lot
- Incredible USC Student Housing or Affordable Housing Development Opportunity
- Lucas Museum of Narrative Art at Exposition Park is Currently Under Construction and Will Open in 2025
PROPERTY FACTS
| No. Units | 4 | Building Size | 4,162 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1924 |
| Building Class | C | Parking Ratio | 0.96/1,000 SF |
| Lot Size | 0.18 AC | ||
| Zoning | LAC2-2D-CPIO - Residential | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 4,162 SF |
| No. Stories | 2 |
| Year Built | 1924 |
| Parking Ratio | 0.96/1,000 SF |
| Zoning | LAC2-2D-CPIO - Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
SITE AMENITIES
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | $2,127 | - |
| 3+1 | 1 | $2,675 | - |
PROPERTY TAXES
| Parcel Number | 5037-024-007 | Improvements Assessment | $225,000 |
| Land Assessment | $910,000 | Total Assessment | $1,135,000 |
PROPERTY TAXES
Parcel Number
5037-024-007
Land Assessment
$910,000
Improvements Assessment
$225,000
Total Assessment
$1,135,000
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