1221 Browning Boulevard, Los Angeles, CA

$895,000

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2

Beds

1

Bath

0.18

Acres

About 1221 Browning Boulevard

Unlock the potential of this expansive 7,812 sq. ft. lot, perfectly positioned in a coveted Qualified Opportunity Zone. With RTI (Ready to Issue) permits in hand for a 6-unit building (5 units + 1 attached ADU), 5 - 3 bed, 3.5 bath units and 1 - 3 bed, 3 bath unit, this is a dream project for investors and developers alike. Zoned LARD1.5, this property offers exceptional flexibility and density potential. Situated near top LA landmarks including USC, LA Memorial Coliseum, Downtown LA, Crypto.com Arena, California Science Center, BMO Stadium, and the Natural History Museum, as well as an array of restaurants, shops, and supermarkets, this location is unbeatable. The existing duplex is primed for demolition, clearing the way for a modern multi-unit development in the heart of one of LA's most vibrant communities. Dont miss this chance to capitalize on a high-demand rental market and the benefits of building in a Qualified Opportunity Zone.

Features of 1221 Browning Boulevard

MLS® # PW25069521
Price $895,000
Bedrooms 2
Bathrooms 1.00
Acres 0.18
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 1221 Browning Boulevard
Area LOS ANGELES (90037)
City Los Angeles
County Los Angeles
State CA
Zip Code 90037

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Heating N/K
Cooling N/K
Fireplace Yes
Stories 1 Story

Exterior

Lot Description Curbs

Additional Information

Days on Market 150
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeEdgestone Real Estate, Inc.

Listing Map

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