$10,000

closing credit¹

1475 Browning Blvd Los Angeles, CA 90062

$968,000
0.1 acres
Multi-Family

Property details

About 1475 Browning Blvd

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. Additionally, the owner is in the process of applying for permits to reconfigure the units into one 2-bedroom unit, one 4-bedroom unit, and one 3-bedroom unit. Once completed, the reconfiguration is projected to increase the cap rate to over 8%, making this property an even more attractive Please DO NOT disturb tenants.

Highlights

Home typeDuplex
StatusActive
Lot size0.1239 Acres
Year built1907
MLS #OC24232113
Garage1 space

Summary

  • MLS Number: OC24232113
  • MLS Name: CRMLS
  • Office Name: Golden Orange Realty Inc.
  • Office Email: heruzhen82@gmail.com
  • Listing Agent: Chelsea He

IDX 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: 1/30/2025, 10:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of yard

$968,000

1475 Browning Blvd

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Oct 19, 2021
Home Sold
$790,000
Apr 30, 1999
Home Sold
$215,000

Tax history

YearAssessmentProperty Tax
2024$821,916$10,302
2023$805,800$10,110
2022$790,000$9,651
2021$667,409$8,263
2020$660,566$8,021
2019$647,615$7,933
2018$634,918$7,766
2017$622,470$7,766

History based on county public records data.

Nearby schools

4

King Jr. Elementary School

Public District KG-5

0.3 mi

3989 S Hobart Blvd

5

Normandie Avenue Elementary School

Public District PK-5

0.7 mi

4505 S Raymond Ave

4

Lenicia B. Weemes Elementary

Public District PK-5

0.7 mi

1260 W 36th Pl

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,420. The majority of Los Angeles, CA residents have income less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

45%
<35k
34%
35k-100k
19%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

35%
Single, No Kids
29%
Single, with Kids
12%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
11%
12-17 yrs old
28%
18-34 yrs old
36%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less
  • H&MH&M

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box
  • Boston MarketBoston Market

What do the neighbors drive?

  • DodgeDodge
  • NissanNissan
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1475 Browning Blvd in Los Angeles, CA and zip code 90062 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $968,000.

Over 524 listings were sold over their listed price in December 2024 in Los Angeles, CA. In the same period over 740 listings were sold below the listed price and 203 listings were sold for the listed price. In December 2024 in Los Angeles, CA there were 5.3% less homes for sale than in November. Listings spent 41 days on the market in December 2024, and had a median list price of $1,026,634 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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