1045 Browning Blvd
1045 Browning Blvd
1045 Browning Blvd
1045 Browning Blvd
1045 Browning Blvd
1045 Browning Blvd
1045 Browning Blvd
1045 Browning Blvd
1045 Browning Blvd
1045 Browning Blvd
1045 Browning Blvd
1045 Browning Blvd
1045 Browning Blvd
1045 Browning Blvd
1045 Browning Blvd
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1045 Browning Blvd
1045 Browning Blvd
1045 Browning Blvd
1045 Browning Blvd
1045 Browning Blvd
1045 Browning Blvd
1045 Browning Blvd
1045 Browning Blvd
1045 Browning Blvd
1045 Browning Blvd
1045 Browning Blvd
1045 Browning Blvd
1045 Browning Blvd
1045 Browning Blvd
1045 Browning Blvd
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1045 Browning Blvd

1045 Browning Blvd, Los Angeles, CA 90037

$1,135,000
Discover an exceptional investment opportunity at 1045 Browning Boulevard in Los Angeles. This 7,820 square foot lot is strategically located in the desirable Exposition Park area. One of the last commercial zone lots on the block. Currently functioning as a four-unit multifamily property, this site generates income while you navigate the entitlement process. The property is zoned LAC2-2D-CPIO, allowing for the development of up to 19 units by-right. However, leveraging the Tier 3 Transit Oriented Communities (TOC) benefits, there is potential to increase this to 34 units. The TOC program offers valuable incentives such as significant density bonuses, reductions in setbacks, parking requirements, and an enhanced floor area ratio. Surrounded by vibrant local amenities, including the new George Lucas Museum, Exposition Park, the LA Coliseum, BMO Stadium, and the Natural History Museum, this property is positioned for growth in a thriving neighborhood. This offering presents an excellent opportunity for any investor or developer looking to capitalize on a mid-size lot with substantial development potential in a prime Los Angeles location. Don't miss out on the chance to create a significant impact in this rapidly evolving area!

9
beds

4
baths

4,162 Sq.Ft. LIVING AREA

7,822 Sq.Ft. lot

KIRBY GILLON

KIRBY GILLON

Features & Amenities

Interior

  • total bedrooms9
  • Total bathrooms4
  • APPLIANCES None

Area & Lot

  • Status Sold
  • Sold Date December 31, 2024
  • Living Area4,162 Sq.Ft.
  • Lot Area7,822 Sq.Ft.
  • MLS® ID24-458759
  • TypeMulti-Family
  • YEAR BUILT1924
  • Architecture StylesSpanish
  • View DescriptionCity

Exterior

  • parkingCovered Parking, Garage - 2 Car, Garage Is Attached, Uncovered
  • HEAT TYPEWall
  • AIR CONDITIONINGAir Conditioning
  • security FeaturesGated

Financial

  • Sales Price$1,135,000
  • Zoning LAR3

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Elevate Your Home Sale Experience with Us! Discover the true value of your property, receive expert guidance in preparing your home, and benefit from our adept contract writing and negotiation skills. Reach out to us today to embark on a seamless and successful home selling journey!

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