1197 Browning Blvd, Los Angeles, CA 90037
1197 Browning Blvd, Los Angeles, CA 90037
1197 Browning Blvd, Los Angeles, CA 90037
7
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$2,795,000
Est. payment /mo
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12 Beds
16 Baths
6,036 SqFt
New

1197 Browning Blvd Los Angeles, CA 90037

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Chance Vanek

Chance Vanek

+1(702) 305-3777

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,036 sqft

Price per Sqft $463

MLS Listing ID 26848695

Bedrooms 12

Year Built 2020

Lot Size 7,815 Sqft

Acres 0.1794

Property Sub-Type Multi-Family

Property Description

With a 5.8% cap rate based on actual current rents and expenses, 1197 Browning Blvd presents a rare opportunity to acquire a newer construction, low-maintenance fourplex in the heart of Los Angeles, just blocks from the USC campus. Built in 2020, this modern income property features four spacious townhome-style units designed with quality finishes and thoughtful layouts throughout.Each unit offers three bedrooms and three and a half bathrooms, featuring open-concept living spaces, quartz countertops, oversized kitchen islands, stainless steel appliances, recessed lighting, en-suite bathrooms in every bedroom, in-unit laundry, and central HVAC. The two upper-level bedrooms include walk-in closets and private balconies, creating an attractive living experience that continues to drive strong tenant demand.Separately metered for gas, water, and electricity, the property operates efficiently while minimizing owner expenses. Additional features include eight gated on-site parking spaces and quality construction that is evident from the moment you step inside.Ideally located near USC, the property benefits from proximity to Exposition Park, the Los Angeles Memorial Coliseum, BMO Stadium, the Natural History Museum, California Science Center, Downtown Los Angeles, and major employment hubs throughout the city. Easy access to the Metro E Line and the 10 and 110 Freeways further enhances the property's appeal to students and professionals alike.Whether you're completing a 1031 exchange or expanding your portfolio, 1197 Browning Blvd offers a turnkey investment opportunity with strong cash flow, modern construction, and a location positioned for long-term rental demand and appreciation.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Dishwasher, Freezer, Microwave, Washer, Range/Oven, Refrigerator, Garbage Disposal

Exterior

Parking Features Gated, Driveway

Garage Spaces 8.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass

NEARBY SCHOOL & BUSINESS

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Chance Vanek

Chance Vanek

Agent | RE.S.0066702

+1(702) 305-3777

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1197 Browning Blvd