CA > Los Angeles
Los Angeles, CA 90037,1221 Browning BLVD
Los Angeles, CA 90037,1221 Browning BLVD
Los Angeles, CA 90037,1221 Browning BLVD
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$895,000
Est. payment /mo
7,814 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25069521

HOA Y/N No

Year Built 1921

Lot Size 7,814 Sqft

Property Sub-Type Duplex

Property Description

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. Don't miss this chance to capitalize on a high-demand rental market and the benefits of building in a Qualified Opportunity Zone.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LARD1.5

Interior

Heating None

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Parking Features None

Pool None

Community Features Curbs

View Y/N No

View None

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5037004017

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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CRMLS – RECore
Listed by Sebastian Stofenmacher Edgestone Real Estate, Inc. 818-464-5113

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