1215 Browning

    Los Angeles (City), CA 90037
    • $875,000
    • STATUS: Pending
    • ON SITE: 37 days
    • ID#: 18403434
    Pending
    UPDATED: 27 min ago
    $875,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,839
      SQFT
    • $308
      $/SQFT
    Type:
    Multi-Family
    Built:
    1921
    County:

    School Ratings & Info

    Description

    REDUCED! Four units near USC. Only 50% of building is rent control. Each unit has 2 bedooms with 2 units delivered VACANT! Perfect for FHA owner occupant. 2,800+ sqft on large 7,800+ 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 $1,950/mo. Left rear: VACANT 2BD+1BA. FMV rent $1,400/mo. No rent control. Right front: Large 2BD+2BA. Rented $1,236/mo. Right rear: 2BD+1BA. Rented $945/mo. No rent control. Each unit has 2+ parking spots. Lot size over 7,800 sqft. Booming neighborhood. Could be AirBnB rental for Trojans, Rams, LAFC games, even the next Super Bowl! Sale Price $875,000, GSI $66,363, Total Expense $20,135, Annual Net Income $46,228, GRM 13.19. Cap Rate 5.28%. Great property. Wont last!

    Monthly Payment Calculator



    Based on information from CARETS as of 2018-12-10T19:50:47.443. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.scvnest.com/homes/89091122

    1215 Browning Los Angeles (City), CA 90037

    • Price: $875,000
    • Status: Pending
    • Updated: 27 min ago
    • ID#: 18403434
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    2,839
    SQFT
    $308
    $/SQFT
    1921
    Built
    Neighborhood:
    Los Angeles Southwest (C34)
    County:
    Los Angeles
    Area:
    Los Angeles Southwest (C34)
    Property Description
    REDUCED! Four units near USC. Only 50% of building is rent control. Each unit has 2 bedooms with 2 units delivered VACANT! Perfect for FHA owner occupant. 2,800+ sqft on large 7,800+ 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 $1,950/mo. Left rear: VACANT 2BD+1BA. FMV rent $1,400/mo. No rent control. Right front: Large 2BD+2BA. Rented $1,236/mo. Right rear: 2BD+1BA. Rented $945/mo. No rent control. Each unit has 2+ parking spots. Lot size over 7,800 sqft. Booming neighborhood. Could be AirBnB rental for Trojans, Rams, LAFC games, even the next Super Bowl! Sale Price $875,000, GSI $66,363, Total Expense $20,135, Annual Net Income $46,228, GRM 13.19. Cap Rate 5.28%. Great property. Wont last!
    Exterior Features

    Covered Spaces Total 6 Parking Features Driveway Parking Spaces Total 8

    Interior Features

    Appliances None Cooling Type None Heating Type Wall Heater Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 2.0 Unit Number Of Bath02 1.0 Unit Number Of Bath03 1.0 Unit Number Of Bath04 1.0 Unit Number Of Bed01 2 Unit Number Of Bed02 2 Unit Number Of Bed03 2 Unit Number Of Bed04 2

    Property Features

    Adjusted Gross Income 46228.00 Assessed Improvement Value 133135.00 Assessed Land Value 257559.00 Cap Rate 5.28 Country United States Of America Expense Electric 480.00 Expense Gardener 960.00 Expense Insurance 6600.00 Expense Tax 12090.00 Expense Total Annual 20135.00 Expense Trash 720.00 Gross Operating Income 66363.00 Gross Rent Multiplier 13.19 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Vendor Enhanced Net Operating Income 46228.00 Number Of Buildings 2 Special Conditions Standard Sale Square Footage Source Seller Unit Monthly Rent01 1236.00 Unit Monthly Rent02 944.25 Unit Monthly Rent03 1950.00 Unit Monthly Rent04 1400.00 Unit Projected Total Monthly Rent01 23400.00 Unit Projected Total Monthly Rent02 16800.00 Unit Projected Total Monthly Rent03 23400.00 Unit Projected Total Monthly Rent04 16800.00 Unit Total Monthly Rent01 14832.00 Unit Total Monthly Rent02 11331.00 Unit Total Monthly Rent03 0.00 Unit Total Monthly Rent04 0.00 Unit Type01 1 Unit Type02 1 Unit Type03 1 Unit Type04 1 Units Total In Complex 4 Zoning Lard1.5

    Listing provided courtesy of Andrew Watkins DRE#01478668 of Pacific Playa Realty.


    Based on information from CARETS as of 2018-12-10T19:50:47.443. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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