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    1052 Browning Boulevard

    Los Angeles (City), CA 90037
    • $2,850,000
    • STATUS: Active
    • ON SITE: 87 days
    • ID#: 21690764
    UPDATED: 35 min ago
    $2,850,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,305
      SQFT
    • $306
      $/SQFT
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    I am pleased to offer for sale a 12 unit apartment community located at 1052 Browning Boulevard in an infill Los Angeles neighborhood. Located less than one mile from the University of Southern California and less than three miles from Downtown Los Angeles, the subject property is directly positioned in the path of development. Browning is situated on a 9,305 square foot parcel and features one studio, seven one-bedroom units, two two-bedroom units, one three-bedroom unit and one four-bedroom unit. Investors will have the opportunity to acquire a property at an attractive basis with an ideal unit-mix that caters to USC students that are increasingly seeking housing south of campus. The offering represents a compelling buying opportunity to acquire a well-maintained property that can be further upgraded by repositioning interiors and common areas to attract the growing base of young professionals and students from nearby USC.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-07T15:38:58.083. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bhagat Group. Licensed in the State of California, USA.
    www.propertycove.com/homes/114061252
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    1052 Browning Boulevard Los Angeles (City), CA 90037

    • Price: $2,850,000
    • Status: Active
    • Updated: 35 min ago
    • ID#: 21690764
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    9,305
    SQFT
    $306
    $/SQFT
    1964
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    I am pleased to offer for sale a 12 unit apartment community located at 1052 Browning Boulevard in an infill Los Angeles neighborhood. Located less than one mile from the University of Southern California and less than three miles from Downtown Los Angeles, the subject property is directly positioned in the path of development. Browning is situated on a 9,305 square foot parcel and features one studio, seven one-bedroom units, two two-bedroom units, one three-bedroom unit and one four-bedroom unit. Investors will have the opportunity to acquire a property at an attractive basis with an ideal unit-mix that caters to USC students that are increasingly seeking housing south of campus. The offering represents a compelling buying opportunity to acquire a well-maintained property that can be further upgraded by repositioning interiors and common areas to attract the growing base of young professionals and students from nearby USC.
    Exterior Features

    Parking Features None

    Property Features

    Gross Income 205154 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 114503 Senior Community YN No Special Listing Conditions Standard Zoning Lard1.5

    Listing provided courtesy of Sean Rosenzweig of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-07T15:38:58.083. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bhagat Group. Licensed in the State of California, USA.
     
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    The Bhagat Group
    22939 Hawthorne Blvd, Suite 203
    Torrance CA, 90505