$10,000 Closing Credit¹
#SR24217077, Danny Chavez, Listing Office: New Generation Realty, Inc
#PW25069521·
Listing office: Edgestone Real Estate, Inc.·
Listing agent: Sebastian Stofenmacher·
Listing office phone: 818-464-5113
$1,050,000 List price
1221 Browning Blvd Los Angeles, CA 90037
$10,000
Closing credit¹
0.2 acres
Multi-Family
Property details
About 1221 Browning Blvd
Unlock the potential of this expansive 7,812 sq. ft. lot, perfectly positioned in a coveted Qualified Opportunity Zone. With RTI (Ready to Issue) permits in hand for a 6-unit building (5 units + 1 attached ADU), 5 - 3 bed, 3.5 bath units and 1 - 3 bed, 3 bath unit, this is a dream project for investors and developers alike. Zoned LARD1.5, this property offers exceptional flexibility and density potential. Situated near top LA landmarks including USC, LA Memorial Coliseum, Downtown LA, Crypto.com Arena, California Science Center, BMO Stadium, and the Natural History Museum, as well as an array of restaurants, shops, and supermarkets, this location is unbeatable. The existing duplex is primed for demolition, clearing the way for a modern multi-unit development in the heart of one of LA's most vibrant communities. Don’t miss this chance to capitalize on a high-demand rental market and the benefits of building in a Qualified Opportunity Zone.
Highlights
Home typeDuplex
StatusActive
Lot size0.1794 Acres
Year built1921
MLS #PW25069521
Summary
- Fireplace: None
- Private Pool: No
- Parking: None
- Heating: None
- Cooling: None
- List Price: $1,050,000
- Annual Tax Amount: $15,080
- Tax Year: 2024
- Directions: Vermont and Exposition
- Year Built: 1921
- Stories: 1
- Lot Size: 0.1794 Acres
- MLS Number: PW25069521
- MLS Name: CRMLS
- Office Name: Edgestone Real Estate, Inc.
- Office Phone: (818) 464-5113
- Listing Agent: Sebastian Stofenmacher
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/13/2025, 5:20:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,050,000
1221 Browning Blvd
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 30, 2021 | Home Sold | $1,175,000 |
| Aug 25, 2003 | Home Sold | $300,000 |
| Mar 07, 2003 | Home Sold | $160,200 |
| Nov 05, 1993 | Home Sold | $54,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,222,470 | $15,080 |
| 2023 | $1,198,500 | $14,793 |
| 2022 | $1,175,000 | $14,112 |
| 2021 | $394,041 | $4,949 |
| 2020 | $390,001 | $4,806 |
| 2019 | $382,355 | $4,663 |
| 2018 | $374,859 | $4,564 |
| 2017 | $367,510 | $4,564 |
History based on county public records data.
Nearby schools
5
Menlo Avenue Elementary
Public District KG-5
0.6 mi
•4156 Menlo Ave
4
King Jr. Elementary School
Public District KG-5
0.6 mi
•3989 S Hobart Blvd
4
Lenicia B. Weemes Elementary
Public District PK-5
0.6 mi
•1260 W 36th Pl
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,027. The most common annual income of people living in Los Angeles, CA is less than $<35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
63%
<35k
30%
35k-100k
5%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
39%
Single, No Kids
30%
Single, with Kids
10%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
10%
12-17 yrs old
29%
18-34 yrs old
37%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Ross Dress For Less
H&M
Where do the neighbors go to eat?
Little Caesars
Jack In The Box
Boston Market
What do the neighbors drive?
Dodge
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 1221 Browning Blvd in Los Angeles, CA and zip code 90037 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 1, 2025 and is currently priced at $1,050,000.
While more than 395 listings in Los Angeles, CA in April 2025 were sold above asking price, there were more than 148 listings sold at asking price, and more than 328 were sold below. The number of homes for sale in Los Angeles, CA increased by 10.2% between March and April 2025. The median list price of listings available in April 2025 was $896,516, while the average time on the real estate market was 36 days.
From Rocket Homes Real Estate and based on county public records data.