1045 Browning Blvd

4
Baths
4,162 Sq. Ft.
$273 / Sq. Ft.
4,162
Sq. Ft.
$273
per Sq. Ft.

Description

Discover an exceptional investment opportunity at 1045 Browning Boulevard in Los Angeles. This 7,820 square foot lot is strategically located in the desirable Exposition Park area. One of the last commercial zone lots on the block. Currently functioning as a four-unit multifamily property, this site generates income while you navigate the entitlement process. The property is zoned LAC2-2D-CPIO, allowing for the development of up to 19 units by-right. However, leveraging the Tier 3 Transit Oriented...Discover an exceptional investment opportunity at 1045 Browning Boulevard in Los Angeles. This 7,820 square foot lot is strategically located in the desirable Exposition Park area. One of the last commercial zone lots on the block. Currently functioning as a four-unit multifamily property, this site generates income while you navigate the entitlement process. The property is zoned LAC2-2D-CPIO, allowing for the development of up to 19 units by-right. However, leveraging the Tier 3 Transit Oriented Communities (TOC) benefits, there is potential to increase this to 34 units. The TOC program offers valuable incentives such as significant density bonuses, reductions in setbacks, parking requirements, and an enhanced floor area ratio. Surrounded by vibrant local amenities, including the new George Lucas Museum, Exposition Park, the LA Coliseum, BMO Stadium, and the Natural History Museum, this property is positioned for growth in a thriving neighborhood. This offering presents an excellent opportunity for any investor or developer looking to capitalize on a mid-size lot with substantial development potential in a prime Los Angeles location. Don't miss out on the chance to create a significant impact in this rapidly evolving area!
  1. Listed by Anna Kadinowa • DRE #01908285 • Brokerage DRE #00824452 • Christie's International Real Estate SoCal
  2. Listed by Kirby Gillon • DRE #01960253 • Brokerage DRE #00824452 • Christie's International Real Estate SoCal

Property Details for 1045 Browning Boulevard

Zoning
LAR3
Style
Spanish
Parcel Number
5037024007
Total Units
4.0
Living Area
4162
Source Living Area
Vendor Enhanced
Area
Los Angeles Southwest (C34)
Vacancy Rate
0
LISTING UPDATED: 12/31/2024 05:02 PM

Property Details for 1045 Browning Boulevard

StatusSold
MLS #24-458759
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.18 AC / 7,822 SF
CountyLos Angeles County

Location

Listing Courtesy of Christie's International Real Estate SoCal, Anna Kadinowa, DRE #01908285; Christie's International Real Estate SoCal, Kirby Gillon, DRE #01960253

Sold By Christie's International Real Estate SoCal, Anna Kadinowa, DRE #01908285

Add your commute

Building Information for 1045 Browning Boulevard

Stories-Residences-Year Built1924Building Size-Lot Size0.18 AC / 7,822 SF

Payment Calculator

$6,718 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,532

Property Taxes

$1,186

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1045 Browning Boulevard

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Market
  • View: Yes
  • View Description: City
  • View: City Lights
  • Entry Floor Number: 2
  • Security Features: Gated
  • Property Condition: Repair Cosmetic
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $95,584
  • Net Operating Income: $88,598.04
  • Gross Income: $98,541
  • Gross Scheduled Income: $98,541
  • Cap Rate: 6.01%
  • Gross Rent Multiplier: $11.15
  • Total Annual Expense: 9942
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1796
  • Lot Size Square Feet: 7822
Parking Details
Parking Details
  • Parking Garage: Covered Parking, Garage - 2 Car, Garage Is Attached, Uncovered
  • Total Parking: 4
  • Parking Features: Covered, Garage - Two Door, Uncovered
  • Attached Garage: Yes
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: Central Forced Air
  • Cooling Type: Air Conditioning
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
  • Common Walls: Detached/No Common Walls
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-02-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,975.00
  • Unit Actual Rent: $1,975.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,195.00
  • Unit Actual Rent: $1,195.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,391.00
  • Unit Actual Rent: $2,391.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,656.00
  • Unit Actual Rent: $2,656.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $163,517.00
  • Assessed Improvement Percent: 34.52
  • Assessed Land Percent: 65.48

Property History for 1045 Browning Boulevard

DateEvent & SourcePriceAppreciation
Dec 31, 2024

Sold

CRMLS #24458759

$1,135,000—
Dec 31, 2024

Sold

SDMLS #24-458759

$1,135,000—
Dec 31, 2024

Sold

CLAW #24-458759

$1,135,000—
Dec 2, 2024

Sold (Public Record)

Public Record #1547804000

$1,135,000

+7.5% / yr

Nov 19, 2024

Pending

CLAW #24-458759

—
Nov 19, 2024

Accepting Backup Offers

CLAW #24-458759

—
Nov 19, 2024

Pending

SDMLS #24-458759

—
Nov 19, 2024

Accepting Backup Offers

CRMLS #24458759

—
Nov 2, 2024

Listed (Active)

SDMLS #24-458759

$1,099,000—
Nov 2, 2024

Listed (Active)

CRMLS #24458759

$1,099,000—
Nov 2, 2024

Listed (Active)

CLAW #24-458759

$1,099,000—
Sep 9, 2024

Withdrawn / Cancelled

CLAW #24-421575

—
Sep 9, 2024

Withdrawn / Cancelled

CRMLS #24421575

$1,125,000—
Aug 29, 2024

Listed (Active)

CLAW #24-421575

$1,125,000—
Aug 20, 2024

Accepting Backup Offers

CRMLS #24421575

—
Aug 20, 2024

Accepting Backup Offers

CLAW #24-421575

—
Jul 30, 2024

Listed (Active)

CRMLS #24421575

$1,125,000—
Jul 30, 2024

Listed (Active)

CLAW #24-421575

$1,125,000—
Jan 5, 2013

Expired

CRMLS #S414555

$775,000—
Mar 30, 2010

Sold

CLAW #09-411385

$381,800—
Mar 30, 2010

Sold

CRMLS #09411385

$381,800—
Dec 4, 2009

Sold (Public Record)

Public Record #285836748

$382,000

+49.5% / yr

Nov 30, 2009

Pending

CLAW #09-411385

—
Nov 30, 2009

Pending

CRMLS #09411385

—
Nov 12, 2009

Listed (Active)

CLAW #09-411385

$367,800—
Nov 12, 2009

Listed (Active)

CRMLS #09411385

$367,800—
Sep 20, 2009

Expired

CRMLS #S08134258

$525,000—
Sep 20, 2009

Expired

CLAW #S08134258MR

—
Mar 5, 2009

Expired

CRMLS #G101133

$625,000—
Mar 5, 2009

Expired

CLAW #G101133MR

—
Sep 18, 2008

Listed (Active)

CRMLS #S08134258

$525—
Sep 18, 2008

Listed (Active)

CLAW #S08134258MR

$525—
Aug 31, 2008

Expired

CRMLS #S08025920

$581,000—
Aug 31, 2008

Expired

CLAW #S08025920MR

—
Feb 20, 2008

Listed (Active)

CLAW #S08025920MR

$581,000—
Feb 20, 2008

Listed (Active)

CRMLS #S08025920

$581,000—
Jan 19, 2008

Expired

CRMLS #S951092

$625,000—
Jan 19, 2008

Expired

CLAW #S951092MR

—
Jul 17, 2007

Listed (Active)

CRMLS #CC204033

$625,000—
Jul 17, 2007

Listed (Active)

CLAW #S951092MR

$771,000—
Jul 17, 2007

Listed (Active)

CRMLS #G101133

$625,000—
Jul 17, 2007

Listed (Active)

CRMLS #S951092

$771,000—
Jul 17, 2007

Listed (Active)

CLAW #G101133MR

$625,000—
Dec 16, 2005

Sold (Public Record)

Public Record #173510025

$77,500

-35.9% / yr

Dec 8, 2005

Expired

CLAW #S414555MR

—
Oct 1, 2005

Listed (Active)

CLAW #S414555MR

$775,000—
Oct 1, 2005

Listed (Active)

CRMLS #S414555

$775,000—
Oct 1, 2005

Listed (Active)

CRMLS #CC233085

$775,000—
Aug 6, 2002

Sold (Public Record)

Public Record #97396837

$345,000

+202.8% / yr

Mar 21, 2002

Sold (Public Record)

Public Record #85298928

$227,000—
Jul 18, 2000

Sold

CRMLS #N6213

$244,550—
Jul 18, 2000

Sold

CLAW #N6213MR

$244,550—
Apr 26, 2000

Pending

CRMLS #N6213

—
Apr 26, 2000

Pending

CLAW #N6213MR

—
Feb 3, 2000

Listed (Active)

CRMLS #N6213

$286,000—
Feb 3, 2000

Listed (Active)

CLAW #N6213MR

$286,000—
DateEvent & SourcePrice
12/31/2024

Sold

CRMLS #24458759

$1,135,000
12/31/2024

Sold

SDMLS #24-458759

$1,135,000
12/31/2024

Sold

CLAW #24-458759

$1,135,000
12/02/2024

Sold (Public Record)

Public Record #1547804000

$1,135,000

+7.5% / yr

11/19/2024

Pending

CLAW #24-458759

—
11/19/2024

Accepting Backup Offers

CLAW #24-458759

—
11/19/2024

Pending

SDMLS #24-458759

—
11/19/2024

Accepting Backup Offers

CRMLS #24458759

—
11/02/2024

Listed (Active)

SDMLS #24-458759

$1,099,000
11/02/2024

Listed (Active)

CRMLS #24458759

$1,099,000
11/02/2024

Listed (Active)

CLAW #24-458759

$1,099,000
09/09/2024

Withdrawn / Cancelled

CLAW #24-421575

—
09/09/2024

Withdrawn / Cancelled

CRMLS #24421575

$1,125,000
08/29/2024

Listed (Active)

CLAW #24-421575

$1,125,000
08/20/2024

Accepting Backup Offers

CRMLS #24421575

—
08/20/2024

Accepting Backup Offers

CLAW #24-421575

—
07/30/2024

Listed (Active)

CRMLS #24421575

$1,125,000
07/30/2024

Listed (Active)

CLAW #24-421575

$1,125,000
01/05/2013

Expired

CRMLS #S414555

$775,000
03/30/2010

Sold

CLAW #09-411385

$381,800
03/30/2010

Sold

CRMLS #09411385

$381,800
12/04/2009

Sold (Public Record)

Public Record #285836748

$382,000

+49.5% / yr

11/30/2009

Pending

CLAW #09-411385

—
11/30/2009

Pending

CRMLS #09411385

—
11/12/2009

Listed (Active)

CLAW #09-411385

$367,800
11/12/2009

Listed (Active)

CRMLS #09411385

$367,800
09/20/2009

Expired

CRMLS #S08134258

$525,000
09/20/2009

Expired

CLAW #S08134258MR

—
03/05/2009

Expired

CRMLS #G101133

$625,000
03/05/2009

Expired

CLAW #G101133MR

—
09/18/2008

Listed (Active)

CRMLS #S08134258

$525
09/18/2008

Listed (Active)

CLAW #S08134258MR

$525
08/31/2008

Expired

CRMLS #S08025920

$581,000
08/31/2008

Expired

CLAW #S08025920MR

—
02/20/2008

Listed (Active)

CLAW #S08025920MR

$581,000
02/20/2008

Listed (Active)

CRMLS #S08025920

$581,000
01/19/2008

Expired

CRMLS #S951092

$625,000
01/19/2008

Expired

CLAW #S951092MR

—
07/17/2007

Listed (Active)

CRMLS #CC204033

$625,000
07/17/2007

Listed (Active)

CLAW #S951092MR

$771,000
07/17/2007

Listed (Active)

CRMLS #G101133

$625,000
07/17/2007

Listed (Active)

CRMLS #S951092

$771,000
07/17/2007

Listed (Active)

CLAW #G101133MR

$625,000
12/16/2005

Sold (Public Record)

Public Record #173510025

$77,500

-35.9% / yr

12/08/2005

Expired

CLAW #S414555MR

—
10/01/2005

Listed (Active)

CLAW #S414555MR

$775,000
10/01/2005

Listed (Active)

CRMLS #S414555

$775,000
10/01/2005

Listed (Active)

CRMLS #CC233085

$775,000
08/06/2002

Sold (Public Record)

Public Record #97396837

$345,000

+202.8% / yr

03/21/2002

Sold (Public Record)

Public Record #85298928

$227,000
07/18/2000

Sold

CRMLS #N6213

$244,550
07/18/2000

Sold

CLAW #N6213MR

$244,550
04/26/2000

Pending

CRMLS #N6213

—
04/26/2000

Pending

CLAW #N6213MR

—
02/03/2000

Listed (Active)

CRMLS #N6213

$286,000
02/03/2000

Listed (Active)

CLAW #N6213MR

$286,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1045 Browning Boulevard

Taxable ValueLand$910,000Additions$225,000Total$1,135,000
Tax Record2025$14,228 ($1,186 / month)
Home Facts
Total Finished SqFt4,162 SqFtAbove Grade Finished SqFt4,162 SqFtLot Size7,820 SqFtStyleQuadraplexYear Built1924ZoningLAR3CountyLOS ANGELESAPN5037-024-007

Schools near 1045 Browning Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 7
Public - 6 to 11
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Menlo Avenue Elementary School
PublicK to 7

Barack Obama Global Preparation Academy
Public6 to 11

Manual Arts Senior High School
Public9 to 12

USC Hybrid High College Prep
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Christie's International Real Estate SoCal, Anna Kadinowa, DRE #01908285; Christie's International Real Estate SoCal, Kirby Gillon, DRE #01960253

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.