Property Details
About this Property
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.
MLS Listing Information
MLS #
CROC24232113
MLS Source
California Regional MLS
Days on Site
41
Interior Features
Appliances
Other, Oven Range - Gas
Exterior Features
Roof
Tile
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 1 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 3 | 3 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1475 Browning Blvd is a Triplex in Los Angeles, CA 90062. This – square foot property sits on a 5,397 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $968,000 and was built in 1907. This address can also be written as 1475 Browning Blvd, Los Angeles, CA 90062.
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This listing information is up-to-date as of December 13, 2024. For the most current information, please contact Chelsea He
