Los Angeles, CA 90037 1221 Browning Boulevard
$1,050,000
10 more
Presented By: Sebastian Stofenmacher with Edgestone Real Estate, Inc.; 818-464-5113
Beds • 4
Baths • 1
SQFT • 1,806
Year Built • 1921
Home Details
Unlock the potential of this expansive 7,812 sq. ft. lot, perfectly positioned in a coveted Qualified Opportunity Zone. With RTI (Ready to Issue) permits in hand for a 6-unit building (5 units + 1 attached ADU), 5 - 3 bed, 3.5 bath units and 1 - 3 bed, 3 bath unit, this is a dream project for investors and developers alike. Zoned LARD1.5, this property offers exceptional flexibility and density potential. Situated near top LA landmarks including USC, LA Memorial Coliseum, Downtown LA, Crypto.com Arena, California Science Center, BMO Stadium, and the Natural History Museum, as well as an array of restaurants, shops, and supermarkets, this location is unbeatable. The existing duplex is primed for demolition, clearing the way for a modern multi-unit development in the heart of one of LA's most vibrant communities. Don’t miss this chance to capitalize on a high-demand rental market and the benefits of building in a Qualified Opportunity Zone.
Presented By: Sebastian Stofenmacher with Edgestone Real Estate, Inc.; 818-464-5113
Interior Features for 1221 Browning Boulevard
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories1
Other Rooms
Entry Level1
General for 1221 Browning Boulevard
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate0.0
Carport Spaces0.0
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs
CoolingNone
CountyLos Angeles
DirectionsVermont and Exposition
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOANo
HeatingNone
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan
Lot Size Square Feet7814.0
Lot Size UnitsSquareFeet
MLS AreaC34 - Los Angeles Southwest
MaintenanceExpense0.0
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Number Of Units Total2
Open Parking Spaces0.0
Operating Expense0.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot43
Taxes$0
Trash Expense0.0
ViewNone
Water Sewer Expense0.0
Year Built1921
Year Built SourceAssessor
ZoningLARD1.5
Exterior for 1221 Browning Boulevard
Building Area Total1806.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1794
Lot Size Area7814.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesNone
Pool Charge0.0
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Justin Hughey
Price
$1,050,000
MLS#PW25069521
List Date
03/31/2025
Property Type
Multi-Family
Phone
(562) 818-1655
