Active

1197 Browning Boulevard

Los Angeles, CA 90037
Mark as Favorite
Bed 12

Bed

Bath 0

Bath

SqFt6,036

Sqft

SqFt7,815

Sqft(Lot)

With a 5.8% cap rate based on actual current rents and expenses, 1197 Browning Blvd presents a rare opportunity to acquire a newer construction, low-maintenance fourplex in the heart of Los Angeles, just blocks from the USC campus. Built in 2020, this modern income property features four spacious townhome-style units designed with quality finishes and thoughtful layouts throughout.Each unit offers three bedrooms and three and a half bathrooms, featuring open-concept living spaces, quartz countertops, oversized kitchen islands, stainless steel appliances, recessed lighting, en-suite bathrooms in every bedroom, in-unit laundry, and central HVAC. The two upper-level bedrooms include walk-in closets and private balconies, creating an attractive living experience that continues to drive strong tenant demand.Separately metered for gas, water, and electricity, the property operates efficiently while minimizing owner expenses. Additional features include eight gated on-site parking spaces and quality construction that is evident from the moment you step inside.Ideally located near USC, the property benefits from proximity to Exposition Park, the Los Angeles Memorial Coliseum, BMO Stadium, the Natural History Museum, California Science Center, Downtown Los Angeles, and major employment hubs throughout the city. Easy access to the Metro E Line and the 10 and 110 Freeways further enhances the property's appeal to students and professionals alike.Whether you're completing a 1031 exchange or expanding your portfolio, 1197 Browning Blvd offers a turnkey investment opportunity with strong cash flow, modern construction, and a location positioned for long-term rental demand and appreciation.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,795,000

AD Id : 85046162

MLS Id : 26848695

Beds : 12

Lot Size : 7,815 Sqft

Living Area Size : 6,036

Year Built : 2020

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 12

    Bathroom Information

    Total Baths: 16 Full Baths: 0 Half Baths: 0
  • Interior Features

    Property Appliances: Dishwasher,Disposal,Microwave,Refrigerator,Washer
  • Cooling Features

    Central Air Air Conditioning

    Heating Source

    Central Has Heating

  • Building Information

    Year Built: 2020 Building Area Total: 6,036

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1794
  • Lot Size Source: Assessor Lot Size Square Feet: 7815

  • Listing Price Information

    Original List Price: 2,795,000 Listing Contract Date: 2026-06-17
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5037004021

  • Garage and Parking

    Garage Description: Driveway,Gated

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C34 - Los Angeles Southwest Postal Code Plus 4: 1627 Directions: E of Normandie, W of Vermont, N of MLK, S of Exposition Zoning: LARD1.5 Source Property Type: Residential Income Area: C34 - Los Angeles Southwest
  • Building and Construction

    Property Age: 6 Year Built Source: Assessor Total Square Feet Living: 6036 Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
146 W Vernon, Los Angeles, CA, 90037 $1,060,000 -- -- 3,972 3,972 SqFt
160 W 48th, Los Angeles, CA, 90037 $689,900 3 3 1,152 1,152 SqFt
201 W 49th, Los Angeles, CA, 90037 $749,998 3 1 1,412 1,412 SqFt
227 W 52nd Street, Los Angeles, CA, 90037 $500,000 4 1 1,500 1,500 SqFt
4211 S Flower, Los Angeles, CA, 90037 $640,000 2 1 1,148 1,148 SqFt
4260 S Figueroa Street, Los Angeles, CA, 90037 $1,150,000 4 -- 4,516 4,516 SqFt
545 W 41st Street, Los Angeles, CA, 90037 $1,150,000 4 -- 3,923 3,923 SqFt
602 W 40th Place, Los Angeles, CA, 90037 $1,600,000 10 -- 3,692 3,692 SqFt
536 W 42nd Street, Los Angeles, CA, 90037 $1,055,000 6 -- 1,983 1,983 SqFt
603 W 41st Place, Los Angeles, CA, 90037 $3,290,000 20 -- 7,860 7,860 SqFt

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ByOwner last updated this listing 06/19/2026 @ 04:51

MLS: 26848695 LISTED BY: Kaela Whelan, Compass 310-437-7500 SOURCE: CRMLS

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