1475 Browning Boulevard

Los Angeles, CA 90062

$968,000
Price
5
Beds
3
Baths
2,737 Sq. Ft.
$354 / Sq. Ft.
2,737
Sq. Ft.
$354
per Sq. Ft.

Description

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...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. Please DO NOT disturb tenants.
  1. Listed by Chelsea He • DRE #02083096 • Brokerage DRE #02064513 • Golden Orange Realty Inc. • heruzhen82@gmail.com

Property Details for 1475 Browning Boulevard

View
None
Parking Spaces Total
6
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Public Records
Living Area
2737
Assessor Parcel Number
5036-020-026
LISTING UPDATED: 11/18/2024 12:43 PM

Property Details for 1475 Browning Boulevard

StatusActive
MLS #OC24232113
Days on Market7
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1907
Lot Size0.12 AC / 5,397 SF
CountyLos Angeles County

Building Information for 1475 Browning Boulevard

Stories2Residences-Year Built1907Building Size-Lot Size0.12 AC / 5,397 SF

Property Information for 1475 Browning Boulevard

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $55,842
  • Gross Scheduled Income: $62,268
  • Vacancy Allowance Rate: 0
  • Gross Operating Income: $62,268
  • Net Operating Income: $55,842
  • Cap Rate: 6.5
Expense Details
  • Operating Expense: $6,426
  • Gardener Expense: $780
  • Licenses Expense: $246
  • Insurance Expense: $1,600
  • Maintenance Expense: $2,000
  • Other Expense: $6,426
  • Trash Expense: $0
  • Water Sewer Expense: $1,800
  • Total Expenses: $6,426
Tax / Assessment Info
  • Tax Year: 2024
  • Tax Annual Amount: $8,219
  • Tax Tract: 5036020026
  • Tax Tract Number: 0
  • CFD/Mello-Roos Fee: $0
  • Taxes Percent: 1.00%
  • Tax Lot: 26
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Park
Property / Structure Info
Interior Features
  • Appliances: Gas Range, Gas Water Heater
  • Equipment: Other
  • Interior Features: Unfurnished
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: See Remarks
  • Fireplace Features: None
  • Fireplace Rooms: None
Exterior Features
  • Roof: Tile
  • Entry Location: 1
  • Property Condition: Turnkey
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Corner Lot
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Uncovered Spaces: 5
  • Open Other Spaces Total: 5
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,675
  • Unit Type Total Rent: $1,675
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,840
  • Unit Type Total Rent: $1,840
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,675
  • Unit Type Total Rent: $1,675
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number With Range: 3
  • Number With Refrigerator: 1

Property History for 1475 Browning Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1475 Browning Boulevard

Taxable ValueLand$561,816Additions$260,100Total$821,916
Tax Record2024$10,303 ($859 / month)
Home Facts
Total Finished SqFt2,737 SqFtAbove Grade Finished SqFt2,737 SqFtLot Size5,399 SqFtStyleTriplexYear Built1907ZoningLARD2CountyLOS ANGELESAPN5036-020-026

Schools near 1475 Browning Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 11
Public - 9 to 12
Charter - 5 to 8
Rating
School
Distance
Martin Luther King Jr. Elementary School
PublicK to 5

Barack Obama Global Preparation Academy
Public6 to 11

Manual Arts Senior High School
Public9 to 12

Public Policy Charter
Charter5 to 8

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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1475 Browning Boulevard is a multi-family home for sale in Los Angeles, CA 90062. This property was listed for sale on November 11, 2024 by Golden Orange Realty Inc., it's currently listed at $968,000. It has been on the market for a total of 7 days and was last sold on October 18, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Martin Luther King Jr. Elementary School, Barack Obama Global Preparation Academy and Manual Arts Senior High School. 1475 Browning Boulevard is a 5-bed, 3-bath, 2,737 sqft multi-family home built in 1907.

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 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 Golden Orange Realty Inc., Chelsea He, DRE #02083096

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.