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$1,587,477*
●
Multifamily -
Off Market
1226 BROWNING
Los Angeles (City), CA 90037
4 Beds
4 Baths
3259 Sqft
$986,000 - $1,204,000
Reference Base Price*
44.98%
Since Feb 1, 2020
CA-Los Angeles
Primary Model
About This Property
Situated only 2 blocks from USC, the George Lucas Museum, and the
Vermont and Exposition metro stop. This is currently the most
coveted and sought after location in all of Los Angeles. There is
currently BILLIONS of dollars in overall construction costs
happening within blocks of this property. Finally a deal that
cashflows! With a small 130,000 investment after closing in
renovation expense you could be collecting nearly $9,000 in gross
monthly rent! This neighborhood is full of 3 bedroom units renting
for nearly $4,000 per month as it is the new student housing pocket
for USC. Being this close to the metro allows working
professionals to "skip the car expense and the traffic" and take
the metro and go straight to DTLA, Culver City or Santa Monica. All
tenants have on sight parking accessible from Browning or from the
rear alley. Owner has architectural plans, engineering and title 24
ready to go for buyers consideration.
The manager has listed the unit size as 3259 square feet.
The manager has listed the unit size as 3259 square feet.
Unit Size
3,259Ft²
Days on Market
-
Land Size
7,800.00 acres
Price per sqft
$336
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
-
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 2, 2020 | No longer available | - | |
| No longer available | |||
| Oct 31, 2019 | Price Decreased |
$1,095,000
↓ $100K
(8.4%)
|
|
| Price Decreased | |||
| Oct 15, 2019 | Listed | $1,195,000 | |
| Listed | |||
Property Highlights
Garage
1226 BROWNING
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
Multifamily
2
Beds
1
Bath
4,236 ft²
$295/ft²
$1,250,000
Mar 14, 2024
-
-
In Contract
Other
Loft
-
3,844 ft²
$229/ft²
$880,000
Mar 11, 2024
-
-
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
10/15/2019
|
|
4 Bed
|
4 Bath
|
3259 ft²
|
$1,195,000
4 Bed
4 Bath
3259 ft²
|
-
-
|
-
|
-
|
Building Info
