2020 Browning Blvd, Los Angeles, CA 90062
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2020 Browning Blvd Los Angeles, CA 90062

$830,000 Sold Price as of 10/04/2023
  • 4 Beds
  • 3 Baths
  • 2,156 Sq.Ft.
Sold
$830,000 Sold Price as of 10/04/2023 Refinance Your Mortgage

Map preview of 2020 Browning Blvd, Los Angeles, CA 90062

Property Overview: 2020 Browning Blvd Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,156 living square feet and 7,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: What a great investment opportunity! Spacious 2156sf duplex sits on a large 7,000sf lot. Side by side units, one is 2bed 2bath (buyer to satisfy self as to permits status for 2nd bath) with great character details including decorative only fireplace with tile mantle, coved ceilings, hardwood floors. Two good sized bedrooms and kitchen with old school built ins and booth style breakfast area (current rent $1734 with long term tenants) . Living room opens to large dining area and the unit equipped with a laundry hookups in unit. Second unit is 2bed 1 bath and needs some upgrades. The unit is spacious but needs TLC. (currently rented for $1000/mo but may be delivered vacant). This property is perfect for a first time home owner looking to live in and fix up one unit and rent out the other or for an investor looking to add to their rental portfolio. This income property has tremendous upside potential and is located a short drive to USC, Exposition Park, The Natural History Museum, restaurants and cafes. Also near Light Rail, Baldwin Hills Shopping Center and Leimert Park. Both units are very spacious with lots of upsides. Please do not disturb occupants. Inside with verified offer only. Great Candidate to add ADU in rear. Buyer to verify all square footage, lot size and bed bath count to own satisfaction. Quiet residential street. Income/Expense numbers are estimates only. Buyer to do own due diligence regarding all aspects of the property.

Listed by Mark Alan Walker | BRE #01309961 | Nourmand & Associates-HW
Last checked: 11 minutes ago | Last updated: October 4th, 2023 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft
7,000
HOA Dues
$0/mo
Year built
1924
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
23300833
City
Los Angeles
County
Los Angeles
Time on Site
322 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,734
  • Total Rent: $1,734
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.33
  • Gross Scheduled Income: --
  • Net Operating Income: $32,808
  • Gross Operating Income: $32,808
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2020 Browning Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Fireplace Information
  • Has Fireplace
  • Decorative, Living Room
Room Information
  • Flooring: Wood
  • Living Room
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Crown Molding
  • Levels: One
Exterior Features
Exterior Information
  • Other Structures: Shed(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Back Yard, Front Yard
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 5035005004
  • Architectural Style: Spanish
  • Entry Level: 1
  • Foundation Details: Pillar/Post/Pier, Raised
  • Offered With Property: Refrigerators x2, Range/Ovens x2
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: 1 block east of Arlington, 1 block north of MLK Blvd
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Sale History for 2020 Browning Blvd

Last sold for $830,000 on October 4th, 2023
  • October, 2023

  • Oct 4, 2023

    Date

    Sold

    CRMLS: 23300833

    $830,000

    Price

  • Aug 15, 2023

    Date

    Active

    CRMLS: 23300833

    $779,000

    Price

  • April, 2018

  • Apr 12, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 2014

  • Jun 5, 2014

    Date

    Sold (Public Records)

    Public Records

    $360,000

    Price

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Tax History for 2020 Browning Blvd

Assessed Value (2020): $403,515
Year Land Value Improved Value Assessed Value
2020 $282,462 $121,053 $403,515

Home Value Compared to the Market

This property vs the competition

2020 Browning Blvd sold on October 4, 2023 for 31.06% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $361.32 per/sqft which puts the price per square foot 52.08% lower than the current median sale per square foot for the city of Los Angeles.

About 2020 Browning Blvd

Detailed summary of property

2020 Browning Blvd is a multi family that recently sold in Los Angeles, CA 90062. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 2,156 living square feet, and sits on an approximately 7,000 square foot lot. 2020 Browning Blvd was first listed on ArdentRealEstateGroup.com on August 15, 2023. The homeowner sold the property for $830,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 31.06% lower than the current median priced home. Local homes that are currently for sale include 5302 S Manhattan Pl, 4815 S Normandie Ave and 5419 S St Andrews Pl. While the average home in Los Angeles, CA is selling in 99 days, 2020 Browning Blvd has a days on market of 16 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 2020 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 2020 Browning Blvd

Public county record property details
Beds
4
Baths
2
Year built
1924
Sq. Ft.
2,156
Lot Size
7,000
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
237
APN
5035-005-004

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
$875,000
Median List Price/Sq.Ft.
$568
Median Sold Price
$640,000
Median Sold Price/Sq.Ft.
$621
Total Inventory
36
Median Sale to List Price %
94.12%
Avg Days on Market
22
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (20%), Other (20%)

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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.