1475 Browning Blvd, Los Angeles, CA 90062
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1475 Browning Blvd Los Angeles, CA 90062

$790,000 Sold Price as of 10/18/2021
  • 5 Beds
  • 3 Baths
  • 2,737 Sq.Ft.
Sold
$790,000 Sold Price as of 10/18/2021 Refinance Your Mortgage

Map preview of 1475 Browning Blvd, Los Angeles, CA 90062

Property Overview: 1475 Browning Blvd Los Angeles, CA has 5 bedrooms, 3 bathrooms, 2,737 living square feet and 5,398 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: There is a separate address for one of the units which is located on Dalton Avenue (3972 Dalton Ave).Property Zoned LARD2 and a rare opportunity to own a CORNER lot property with 3 units on a quiet street near USC, LAFC Stadium, Natural History Museum, and Science Center. This property consists of two buildings a total of 3 units. Two units have 2 bedrooms and one bathroom, and One unit consists of One Bedroom and one bathroom and one car garage. Please Do NOT disturb tenants. OFFERS BE MADE SUBJECT TO VIEWING.

Listed by Joseph M. Rasson | BRE #01457772 | Rasson Realty & Financial Corp
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
5,398
HOA Dues
$0/mo
Year built
1907
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
21766256
City
Los Angeles
County
Los Angeles
Time on Site
1127 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,560
  • Total Rent: $1,560
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,768
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.48
  • Gross Scheduled Income: --
  • Net Operating Income: $38,720
  • Gross Operating Income: $55,536
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $8,183
  • Gardener: $660
  • Insurance: $1,600
  • Maintenance: $2,771
  • Water/Sewer: $3,356

Property Details for 1475 Browning Blvd

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Range
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Tandem Garage, Uncovered
Property Information
  • No View
  • View: None
  • Total # of Units: 3
  • Parcel Number: 5036020026
  • Accessibility Features: None
Location / Neighborhood
Location Information
  • Directions: East of Western BLVD, West of Normandie BLVD, South of Exposition BLVD, North of W. MLK Jr. BLVD
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Sale History for 1475 Browning Blvd

Last sold for $790,000 on October 18th, 2021
  • August, 2021

  • Aug 27, 2021

    Date

    Pending

    CRMLS: 21766256

    $749,000

    Price

  • Aug 25, 2021

    Date

    Hold

    CRMLS: 21766256

    $749,000

    Price

  • Aug 19, 2021

    Date

    Active

    CRMLS: 21766256

    $749,000

    Price

  • February, 2007

  • Feb 22, 2007

    Date

    Sold (Public Records)

    Public Records

    $487,300

    Price

  • April, 1999

  • Apr 30, 1999

    Date

    Sold (Public Records)

    Public Records

    $215,000

    Price

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Tax History for 1475 Browning Blvd

Assessed Value (2020): $660,566
Year Land Value Improved Value Assessed Value
2020 $540,467 $120,099 $660,566

Home Value Compared to the Market

This property vs the competition

1475 Browning Blvd sold on October 18, 2021 for 33.12% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $273.66 per/sqft which puts the price per square foot 62.2% lower than the current median sale per square foot for the city of Los Angeles.

About 1475 Browning Blvd

Detailed summary of property

1475 Browning Blvd is a multi family that recently sold in Los Angeles, CA 90062. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 2,737 living square feet, and sits on an approximately 5,398 square foot lot. 1475 Browning Blvd was first listed on ArdentRealEstateGroup.com on August 19, 2021. The homeowner sold the property for $790,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 33.12% lower than the current median priced home. Local homes that are currently for sale include 965 W 47Th St, 1732 W 51st St and 1632 W 52nd St. While the average home in Los Angeles, CA is selling in 106 days, 1475 Browning Blvd has a days on market of 7 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1475 Browning Blvd Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1475 Browning Blvd

Public county record property details
Beds
5
Baths
3
Year built
1907
Sq. Ft.
2,737
Lot Size
5,398
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
5036-020-026

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$850,000
Median List Price/Sq.Ft.
$557
Median Sold Price
$645,000
Median Sold Price/Sq.Ft.
$477
Total Inventory
42
Median Sale to List Price %
104.88%
Avg Days on Market
19
Loan Type
Conventional (12.5%), FHA (25%), VA (0%), Cash (37.5%), Other (12.5%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.