1054 Browning Boulevard, Los Angeles, CA 90037

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Property Description

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.


Interior Features

Bedroom Information
Bedrooms 6
Bathroom Information
Bathrooms 5
Interior Information
Cooling Type None

Listing Information

Address 1054 Browning Boulevard
City Los Angeles
State CA
Zip 90037
County Los Angeles
Listing Agent Keith Moret DRE #01802527
Co-Listing Agent Nicholas Ensbury DRE #02012167
Courtesy Of Lyon Stahl Investment Real Estate, Inc.
List Price $1,100,000
Status Active
Type Residential Income
Structure Size 3,903
Lot Size 7,084
Year Built 1911

Listing information courtesy of: Keith Moret, Nicholas Ensbury, Lyon Stahl Investment Real Estate, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 19th, 2024 at 9:19 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.