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2001 Browning Blvd
Los Angeles, CA 90062
Multifamily Property For Sale
·
3 Units
Investment Highlights
- Owner-user opportunity with a Spanish Style 2 bed, 1.5 bath front house totaling approximately 1,167 square feet and enclosed yard
- ADU potential with large garage. Buyer to verify
- Large 8,422 corner lot configuration zoned LAR2
- Great unit mix consisting of (1) 2 Bed, 1.5 bath front house and (2) 2 bed, 1 bath units in the rear
Executive Summary
2001 Browning Blvd presents a compelling opportunity to acquire a fully occupied corner triplex in a highly desirable Leimert Park-adjacent location. The property generates strong current income of $5,571 per month, with approximately 35% rental upside. The large front Spanish-style residence faces Wilton Place and offers a unique potential owner-user opportunity, while the two rear units are both renovated two-bedroom, one-bath units producing $1,894 and $2,061 per month. Each rear unit faces S. Wilton Place, benefits from its own frontage, and includes an in-unit washer and dryer. The property sits on a fenced corner lot with excellent visibility and frontage for all units. The driveway serving the front home leads to a large garage, creating potential for an ADU conversion under SB 1211. The location offers convenient access to Leimert Park, the Expo Line Western Station, and nearby shops and restaurants along MLK Blvd and Western Ave.
Property Facts
| Price Per Unit | $399,069 CAD | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 2,633 SF |
| No. Units | 3 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1925 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | LAR2 - Restricted Density Multiple Dwelling | ||
| Price Per Unit | $399,069 CAD |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 2,633 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1925 |
| Opportunity Zone |
Yes |
| Zoning | LAR2 - Restricted Density Multiple Dwelling |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 1 | $4,930 CAD | 1,167 |
| 2+1 | 2 | $3,380 CAD | 733 |
Property Taxes
| Parcel Number | 5035-012-020 | Improvements Assessment | $272,100 CAD |
| Land Assessment | $632,926 CAD | Total Assessment | $905,026 CAD |
Property Taxes
Parcel Number
5035-012-020
Land Assessment
$632,926 CAD
Improvements Assessment
$272,100 CAD
Total Assessment
$905,026 CAD
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