1 month on rocket

1475 Browning Blvd, Los Angeles, CA, 90062

$968,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1475 Browning Blvd, Los Angeles$968,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Garage1 space
Year Built1907
FireplaceNone
ViewNone
MLS #OC24232113
Lot Size0.12 Acres
StatusActive

About 1475 Browning Blvd

This is well-maintained property. entire new roof replacement in year 2022, new pipes installed, upgraded kitchen and bathroom of middle unit. A rare opportunity to own a stable rental property of corner lot. Total three units on a quiet street near USC, LAFC Stadium, the Natural History Museum, and the Science Center. Zoned LARD2, the property includes two buildings with a total of three units, featuring recent upgrades such as a new roof, updated bathrooms, and flooring. Unit 1: 2 bedrooms, 1 bathroom, Unit 2: 2 bedrooms, 1 bathroom, Unit 3: 1 bedroom, 1 bathroom, with a one-car garage and a separate address at 3972 Dalton Ave. With stable tenants and a 6.5% cap rate, this property is an excellent investment. Additionally, the owner is in the process of applying for permits to reconfigure the units into one 2-bedroom unit, one 4-bedroom unit, and one 3-bedroom unit. Once completed, the reconfiguration is projected to increase the cap rate to over 8%, making this property an even more attractive Please DO NOT disturb tenants.

Property Details

Property Features

Property Information:

  • Year Built: 1907
  • Stories: 2

Listing Office:

  • Office Name: Golden Orange Realty Inc.
  • Office Email: heruzhen82@gmail.com
  • Listing Agent: Chelsea He

Interior Features

Interior Information:

  • Appliances: Gas Range, Gas Water Heater
  • Interior: Unfurnished
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 1 space

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.12 Acres

Other

Directions Information:

  • Directions: At the intersection of Browning Blvd and Dalton Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $968,000

Tax Information:

  • Annual Amount: $8,264
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

1475 Browning Blvd vs Los Angeles

35 DAYS ON ROCKET

-3 Days

$968,000

-$53.5K Less

KEY TAKEAWAY

This property is $53.5K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24232113

Listing Office:

  • Office Name: Golden Orange Realty Inc.
  • Office Email: heruzhen82@gmail.com
  • Listing Agent: Chelsea He

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: 12/19/2024, 6:20:59 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

Feb 22, 2007Home Sold
$487,300
Apr 30, 1999Home Sold
$215,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,264$667,409
2020$8,021$660,566
2019$7,933$647,615
2018$7,766$634,918
2017$7,766$622,470

History based on county public records data.

Payment Calculator

$4,899

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,969

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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-195379
4
/10
  • King Jr. Elementary School

  • 3989 S Hobart Blvd

  • 0.29 miles

  • Public District Grades KG-5

school-card-donut-195380
5
/10
  • Normandie Avenue Elementary School

  • 4505 S Raymond Ave

  • 0.68 miles

  • Public District Grades PK-5

school-card-donut-195381
4
/10
  • Lenicia B. Weemes Elementary

  • 1260 W 36th Pl

  • 0.72 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,420. The majority of Los Angeles, CA residents have income less than $35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaLos Angeles CountyLos Angeles900621475 Browning Blvd

This home is located at 1475 Browning Blvd in Los Angeles, CA and zip code 90062 in the South LA neighborhood. This home, which was built in 1907, sits on a 0.12 acre lot. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $968,000.

In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 2024. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.

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

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