1215 Browning

    Los Angeles (City), CA 90037
    • $899,000
    • STATUS: Active
    • ON SITE: 15 days
    • ID#: 18403434
    Price Reduced
    UPDATED: 26 min ago
    $899,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,839
      SQFT
    • $317
      $/SQFT
    Type:
    Multi-Family
    Built:
    1921
    County:

    School Ratings & Info

    Description

    REDUCED! Four units near USC. Each unit has 2 bedooms with 2 units delivered VACANT! Perfect for FHA owner occupant. Over 2800+ sqft on large 7800+ sqft lot! Close to USC, the new Banc of California stadium, and soon-to-be built George Lucas Museum. Left front: VACANT 2BD+1BA with new carpet, paint and remodeled bathroom. FMV rent $1950/mo. Left rear: VACANT 2BD+1BA. FMV rent $1400/mo. Right front: Large 2BD+2BA. Rented $1236/mo. Right rear: 2BD+1BA. Rented $945/mo. Each unit has 2+ parking spots. Lot size over 7800 sqft. Booming neighborhood. Could be AirBnB rental for Trojans, Rams, LAFC games, even the next Super Bowl! Sale Price $899,000, GSI $66,363, Total Expense $20,850, Annual Net Income $45,513, GRM 13.55. Cap Rate 5.11%. Great property. Wont last!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-18T09:29:00.23. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/89092651

    1215 Browning Los Angeles (City), CA 90037

    • Price: $899,000
    • Status: Active
    • Updated: 26 min ago
    • ID#: 18403434
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    2,839
    SQFT
    $317
    $/SQFT
    1921
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    REDUCED! Four units near USC. Each unit has 2 bedooms with 2 units delivered VACANT! Perfect for FHA owner occupant. Over 2800+ sqft on large 7800+ sqft lot! Close to USC, the new Banc of California stadium, and soon-to-be built George Lucas Museum. Left front: VACANT 2BD+1BA with new carpet, paint and remodeled bathroom. FMV rent $1950/mo. Left rear: VACANT 2BD+1BA. FMV rent $1400/mo. Right front: Large 2BD+2BA. Rented $1236/mo. Right rear: 2BD+1BA. Rented $945/mo. Each unit has 2+ parking spots. Lot size over 7800 sqft. Booming neighborhood. Could be AirBnB rental for Trojans, Rams, LAFC games, even the next Super Bowl! Sale Price $899,000, GSI $66,363, Total Expense $20,850, Annual Net Income $45,513, GRM 13.55. Cap Rate 5.11%. Great property. Wont last!
    Exterior Features

    Lot Features Sprinklers None Lot Size Units Square Feet Parking Features Driveway Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Cooling None Cooling YN No Laundry Features None

    Property Features

    Cap Rate 5.11 Electric Expense 480.00 Gross Multiplier 13.55 Gross Operating Income 66363.00 Improvements Amount 133135 Insurance Expense 6600.00 Land Value 257559 Laundry YN No Net Operating Income 45513.00 Special Listing Conditions Standard Total Expenses 20850.00 Trash Expense 720.00 Zoning Lard1.5

    Listing provided courtesy of Andrew Watkins of Pacific Playa Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-18T09:29:00.23. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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