About This Home

This 12-bedroom, 16-bathroom residential multi family at 1197 Browning Blvd in Los Angeles, CA is listed for $2,750,000 ($456 per sqft). Built in 2020, the home offers 6,036 sqft of living space on a 0.18 acres lot.

Key Features

  • Built in 2020
  • 0.18 acre lot
  • 2 stories
  • 8 parking spaces

Property Details

2 stories
16 full
8 spaces
2020

Amenities

A/C
Listing Description

With a 5.8% cap rate based on actual current rents and expenses, 1197 Browning Blvd presents a rare opportunity to acquire a newer construction, low-maintenance fourplex in the heart of Los Angeles, just blocks from the USC campus. Built in 2020, this modern income property features four spacious townhome-style units designed with quality finishes

and thoughtful layouts throughout.Each unit offers three bedrooms and three and a half bathrooms, featuring open-concept living spaces, quartz countertops, oversized kitchen islands, stainless steel appliances, recessed lighting, en-suite bathrooms in every bedroom, in-unit laundry, and central HVAC.

The two upper-level bedrooms include walk-in closets and private balconies, creating an attractive living experience that continues to drive strong tenant demand.Separately metered for gas, water, and electricity, the property operates efficiently while minimizing owner expenses.

Additional features include eight gated on-site parking spaces and quality construction that is evident from the moment you step inside.Ideally located near USC, the property benefits from proximity to Exposition Park, the Los Angeles Memorial Coliseum, BMO Stadium, the Natural History Museum, California Science Center, Downtown Los Angeles, and major employment hubs throughout the city.

Easy access to the Metro E Line and the 10 and 110 Freeways further enhances the property's appeal to students and professionals alike.Whether you're completing a 1031 exchange or expanding your portfolio, 1197 Browning Blvd offers a turnkey investment opportunity with strong cash flow, modern construction, and a location positioned for long-term rental demand and appreciation.

Monthly Cost Estimate

$14,708/mo

20% down · 6.5% · 30 years

Principal$1,989
Interest$11,917
Insurance$802

Estimates only. Actual payments may vary.

Location

1197 Browning Blvd

Los Angeles, CA 90037

Property Details

Parking

GatedDriveway

Heating

Central

Cooling

Central Air

Questions & Answers

This 12-bedroom, 16-bathroom residential multi family at 1197 Browning Blvd is listed at $2,750,000 ($456/sqft). The estimated monthly payment is $14,707 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2020, 0.18 acre lot, 2 stories, 8 parking spaces.

This property is listed by Kaela Whelan.

KW

Kaela Whelan

License 01965737

Agent at Compass

Listed by Compass · Broker phone: 3104377500 · View on Broker Site · Broker website

MLS# 26848695· Source: The MLS/CLAW· 134 days on PropertySimple

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1197 Browning Blvd, Los Angeles, CA 90037

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