1054 Browning Boulevard

Los Angeles, CA 90037

$1,150,000

List Price

6

bed Beds

5

shower Baths

3,903 sqft

straighten / sqft

1911

calendar_month Built

Property Description

This charming 5 Unit Hollywood Bungalow style compound is located in the robust Exposition Park neighborhood adjacent to USC and all facilities. It has a healthy 5% cap rate at the list price with in place rents. There is still an outstanding upside in the income of over 67%. The property offers an amazing array of amenities within a 2 or 3 block radius. That includes attractions like the Lucas Museum, BMO Stadium, Exposition Park, John C. Argue Swim Stadium, USC Hybrid HS and the USC campus. The property recently benefitted from major capital improvements including all copper plumbing, new exterior paint and new fascia boards. The building just passed the LAHD S.C.E.P. inspection. (Buyer to independently verify Bedroom counts and Square Footage). The seller is willing to consider carrying a small 2nd trust deed on the property.

Listing Information

List Price $1,150,000
Status Active
MLS 24452365
Type Residential Income
Year Built 1911
Lot Size 7,084
Structure Size 3,903
DOM 8
Courtesy Of Lyon Stahl Investment Real Estate, Inc.
Listing Agent Keith Moret DRE#01802527
Co-Listing Agent Nicholas Ensbury DRE#02012167

Interior Features

Total Bedroom
Bedrooms 6
Total Bathroom
Bathrooms 5
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Keith Moret, Nicholas Ensbury, Lyon Stahl Investment Real Estate, Inc. 310-563-7144. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 19th, 2024 at 12:18 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.