Available

2001 Browning Blvd

Los Angeles, CA 90062
$850,000
2001 Browning Blvd
3
Units
$283,333
Price / Unit
1925
Year Built
$323
Price / SF
2,633
Building SF

About the Property

2001 Browning Blvd presents a compelling opportunity to acquire a fully occupied corner triplex in a highly desirable Leimert Park-adjacent location. The property generates strong current income of $5,571 per month, with approximately 35% rental upside. The large front Spanish-style residence faces Wilton Place and offers a unique potential owner-user opportunity, while the two rear units are both renovated two-bedroom, one-bath units producing $1,894 and $2,061 per month. Each rear unit faces S. Wilton Place, benefits from its own frontage, and includes an in-unit washer and dryer. The property sits on a fenced corner lot with excellent visibility and frontage for all units. The driveway serving the front home leads to a large garage, creating potential for an ADU conversion under SB 1211. The location offers convenient access to Leimert Park, the Expo Line Western Station, and nearby shops and restaurants along MLK Blvd and Western Ave.

Location

Deal Highlights

Owner-User Opportunity
The front house is a charming Spanish-style two- bedroom, one-bath residence totaling approximately 1,167 square feet, with original 1920s character, an enclosed landscaped front yard, and its own private driveway and garage. The two rear units bring in $3,955 per month to offest the mortgage.
ADU Potential
The property features a large garage that may offer potential for conversion into an ADU, studio, home gym, or a variety of other fl exible uses. Buyer to verify.
Great Unit Mix
The property offers an attractive unit mix consisting of one two-bedroom, one-and-a-half-bath front house and two two-bedroom, one-bath rear units.
Corner Lot Location
The property bene fi ts from a corner lot con fi guration, with the 2001 Browning address facing Browning Blvd and the rear structure featuring two two-bedroom, one-bath units facing Wilton Place, giving all units their own street frontage.
Great Location
The property is well located near Leimert Park, with convenient access to shops and restaurants along MLK Blvd, Western Ave, and Exposition, as well as the Western/ Expo Metro Station for connectivity across Los Angeles.

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