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$ 2,795,000
Est. payment /mo
Active
1202 Browning Boulevard Los Angeles, CA 90037
12 Beds
6,036 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 6,036 sqft
Price per Sqft $463
MLS Listing ID CL25618617
Bedrooms 12
HOA Y/N No
Year Built 2020
Lot Size 7,801 Sqft
Acres 0.18
Property Sub-Type OTHER
Property Description
A 5.8 cap rate with actual currents rent and expenses and not subject to rent control, this 2020 newer construction, sleek four unit property is an absolute gold mine. Located blocks from the USC campus, this modern income property features gorgeous townhome-style units, each designed with quality finishes and thoughtful details throughout. If steady cash flow and low maintenance are what you're looking for, you've found the perfect property. Separately metered for gas, water and electrical, bringing expenses to a minimum. Each unit features three bedrooms, three and a half bathrooms with an open concept layout, high end finishes, stainless steel appliances, recessed lighting, en suite bathrooms in every bedroom, in unit laundry and walk in closets and balconies upstairs. You can feel the quality of construction as soon as you step foot in one of the units. There is parking for 8 cars on site, through a secured gate in the front. This property presents an exceptional, turn-key investment opportunity in a high-growth pocket of Los Angeles. Whether you're expanding your portfolio or seeking a reliable cash-flowing asset, 1202 Browning Blvd is a proven money maker in one of LA's most consistent rental markets.
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Dryer, Washer
Exterior
Total Parking Spaces 8
Building
New Construction No
Others
Tax ID 5037002012
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Listed by Kaela Whelan • Compass