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Backup Offers

1045 Browning Blvd, Los Angeles, CA, 90037

$1,099,000

Home List Price

$10,000*

Closing Credit

9 Bedrooms
4 Baths
4,162 SqFt
$264/SqFt
House

Location

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1045 Browning Blvd, Los Angeles$1,099,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingCovered, Door-Multi, Garage, Uncovered
Attached GarageYes
Year Built1924
HeatingWall Furnace
ViewCity Lights
MLS #24458759
Lot Size0.18 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1045 Browning Blvd

Discover an exceptional investment opportunity at 1045 Browning Boulevard in Los Angeles. This 7,820 square foot lot is strategically located in the desirable Exposition Park area. One of the last commercial zone lots on the block. Currently functioning as a four-unit multifamily property, this site generates income while you navigate the entitlement process. The property is zoned LAC2-2D-CPIO, allowing for the development of up to 19 units by-right. However, leveraging the Tier 3 Transit Oriented Communities (TOC) benefits, there is potential to increase this to 34 units. The TOC program offers valuable incentives such as significant density bonuses, reductions in setbacks, parking requirements, and an enhanced floor area ratio. Surrounded by vibrant local amenities, including the new George Lucas Museum, Exposition Park, the LA Coliseum, BMO Stadium, and the Natural History Museum, this property is positioned for growth in a thriving neighborhood. This offering presents an excellent opportunity for any investor or developer looking to capitalize on a mid-size lot with substantial development potential in a prime Los Angeles location. Don't miss out on the chance to create a significant impact in this rapidly evolving area!

Property Details

Property Features

Property Information:

  • Architectural Style: Spanish
  • Year Built: 1924
  • Stories: 0
  • Living Area: 4,162 SqFt

Listing Office:

  • Office Name: Christie's International Real Estate SoCal
  • Office Phone: (424) 249-7162
  • Listing Agent: Anna Kadinowa

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • View: City Lights

Parking Information:

  • Attached Garage: Yes
  • Parking: Covered, Door-Multi, Garage, Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: East of Vermont and North of Martin Luther King Jr Boulevard

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,099,000
  • Price Per SqFt: $264/SqFt

Tax Information:

  • Annual Amount: $5,994
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1045 Browning Blvd vs Los Angeles

20 DAYS ON ROCKET

-18 Days

$1,099,000

+$75.5K More

$264/SqFt

-$377 Less

KEY TAKEAWAY

This property is $75.5K more than the Median Sold Price and $377/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24458759

Listing Office:

  • Office Name: Christie's International Real Estate SoCal
  • Office Phone: (424) 249-7162
  • Listing Agent: Anna Kadinowa

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 30, 2010Home Sold
$382,000
Oct 06, 2008Home Sold
$470,050
Feb 02, 2006Home Sold
$77,500
Aug 06, 2002Home Sold
$345,000
Mar 21, 2002Home Sold
$227,000
Jul 18, 2000Home Sold
$245,000
Mar 06, 1998Home Sold
$234,000
Mar 31, 1994Home Sold
$115,000
Dec 10, 1993Home Sold
$150,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,994$455,292
2020$5,826$450,625
2019$5,665$441,790
2018$5,551$433,128
2017$5,551$424,636

History based on county public records data.

Payment Calculator

$5,553

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,361

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-803457
5
/10

  • Menlo Avenue Elementary

  • 4156 Menlo Ave

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-803458
5
/10

  • Dr. Theodore T. Alexander Jr. Science Center

  • 3737 S Figueroa St

  • 0.62 miles

  • Public Charter Grades KG-5

school-card-donut-803459
3
/10

  • Kipp Vida Preparatory Academy

  • 4410 S Budlong Ave

  • 0.64 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,562. The most common annual income of people living in Los Angeles, CA is less than $35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1045 Browning Blvd

What is the listing price of this property?

The listing price of 1045 Browning Blvd property is $1,099,000.

What type of property is this?

The property 1045 Browning Blvd is a house located in Los Angeles, California, 90037.

Is this property for sale now?

Accepting Backup Offers: 1045 Browning Blvd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,994 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 30, 2010 for $382,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1045 Browning Blvd has 9 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1045 Browning Blvd is 4,162 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1045 Browning Blvd is 1924.

Rocket Homes›California›Los Angeles County›Los Angeles›90037›1045 Browning Blvd

This home is located at 1045 Browning Blvd in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This 4,162 square foot home, which was built in 1924, sits on a 0.18 acre lot. Features: 9 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 02, 2024 and is currently priced at $1,099,000.

Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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