A 5.8 cap rate with actual currents rent and expenses and not subject to rent control, this 2020 newer construction, sleek four unit property is an absolute gold mine. Located blocks from the USC campus, this modern income property features gorgeous townhome-style units, each designed with quality finishes and thoughtful details throughout. If steady cash flow and low maintenance are what you're looking for, you've found the perfect property. Separately metered for gas, water and electrical, bringing expenses to a minimum. Each unit features three bedrooms, three and a half bathrooms with an open concept layout, high end finishes, stainless steel appliances, recessed lighting, en suite bathrooms in every bedroom, in unit laundry and walk in closets and balconies upstairs. You can feel the quality of construction as soon as you step foot in one of the units. There is parking for 8 cars on site, through a secured gate in the front. This property presents an exceptional, turn-key investment opportunity in a high-growth pocket of Los Angeles. Whether you're expanding your portfolio or seeking a reliable cash-flowing asset, 1202 Browning Blvd is a proven money maker in one of LA's most consistent rental markets.
For sale
$2,795,000
1202 Browning Blvd, Los Angeles, CA 90037
12beds
16baths
6,036sqft
Est.:
Multi Family
Built in 2020
-- sqft lot
$2,706,300 Zestimate®
$463/sqft
$-- HOA
What's special
Balconies upstairsQuality finishesOpen concept layoutHigh end finishesStainless steel appliancesRecessed lightingGorgeous townhome-style units
- 30 days |
- 133 |
- 10 |
Zillow last checked: 8 hours ago
Listing updated: November 15, 2025 at 02:26pm
Listed by:
Kaela Whelan DRE # 01965737 310-526-1259,
Compass 310-437-7500
Source: CLAW,MLS#: 25618617
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 16
Heating
- Central
Cooling
- Air Conditioning, Central Air
Appliances
- Included: Dishwasher, Dryer, Disposal, Refrigerator, Range/Oven, Washer, Microwave
Interior area
- Total structure area: 6,036
- Total interior livable area: 6,036 sqft
Property
Parking
- Total spaces: 8
- Parking features: Paver Block
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,801.6 Square Feet
Details
- Additional structures: None
- Parcel number: 5037002012
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 2020
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $463/sqft
- Tax assessed value: $1,583,951
- Annual tax amount: $19,705
- Date on market: 11/13/2025
Estimated market value
$2,706,300
$2.57M - $2.84M
$3,713/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2025 | Listed for sale | $2,795,000+453.5%$463/sqft |
Source: | ||
| 8/21/2025 | Listing removed | $4,150$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/4/2025 | Listed for rent | $4,150$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/25/2025 | Listing removed | $4,150$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/8/2025 | Listed for rent | $4,150$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $19,705 +1.5% | $1,584,231 +2% |
| 2024 | $19,407 +179.2% | $1,553,174 +186.7% |
| 2023 | $6,950 +4.7% | $541,738 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$17,498/mo
Principal & interest
$13818
Property taxes
$2702
Home insurance
$978
Climate risks
Neighborhood: South Los Angeles
Nearby schools
GreatSchools rating
- 4/10Normandie Avenue Elementary SchoolGrades: K-5Distance: 0.6 mi
- 3/10Barack Obama Global Preparation AcademyGrades: 6-11Distance: 1 mi
- 4/10Manual Arts Senior High SchoolGrades: 9-12Distance: 0.4 mi
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