Townhome-Style
1197 Browning Blvd, Los Angeles, CA 90037
For Sale
$2,750,000
Residential Income, Los Angeles, CA
Property Size6,036 SF
Lot Size0.18 Acres
Price / SF$455.60
Days on Market151
Property Features for 1197 Browning Blvd
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Individually Metered Utilities
Utilities
Heating system
Cooling system
Amenities
in-unit laundry
private balconies
gated parking
Building Details
Year built
Floors in Building
Number of units
Buildings
Listing Agency:
Compass
(310) 437-7500
Listed By:
Kaela Whelan · License CA #01965737
(310) 526-1259
Added: Jun 17
Changed: Oct 26
Last Checked: Nov 14 at 12:06AM
MLS# 26848695
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.
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Investment Insights
Based on property information with market context.
Built in 2020, this 6,036-square-foot quadplex contains four townhome-style residences, each arranged with three bedrooms and three and a half bathrooms. Interior features include open living areas, quartz counters, stainless steel appliances, recessed lighting, en-suite bathrooms, walk-in closets, private balconies, in-unit laundry and central HVAC. Gas, water and electricity are separately metered. The 0.1794-acre property also has eight gated parking spaces and LARD1.5 zoning.
The property is near the USC campus, Exposition Park, the Los Angeles Memorial Coliseum, BMO Stadium, the Natural History Museum and the California Science Center. Downtown Los Angeles and major employment centers are also identified nearby, with Metro E Line service and access to the 10 and 110 Freeways in the surrounding area.
The stated cap rate is 5.8%, calculated using current rents and expenses.
The property is near the USC campus, Exposition Park, the Los Angeles Memorial Coliseum, BMO Stadium, the Natural History Museum and the California Science Center. Downtown Los Angeles and major employment centers are also identified nearby, with Metro E Line service and access to the 10 and 110 Freeways in the surrounding area.
The stated cap rate is 5.8%, calculated using current rents and expenses.
Key Highlights
- Four‑unit property built in 2020
- 6,036 square feet on a 0.1794‑acre lot
- Each residence has 3 bedrooms and 3.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,847
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,016,940
$2.0M
Cap Rate 7%
$1,440,671
$1.4M
Cap Rate 9%
$1,120,522
$1.1M
Market Conditions
NOI Build-Up for 6,036 SF
Gross rent
$147.8K $24.48/SF
− Vacancy
−$3.7K −$0.61/SF
EGI
$144.1K $23.87/SF
− OpEx
−$43.2K −$7.16/SF
NOI
$100.8K $16.71/SF
Area
ZIP 90037
Vacancy
2.50%
Lease Rate
$24.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,016,940
Cap Rate 7%
$1,440,671
Cap Rate 9%
$1,120,522
Alternative Uses
Best Use
Multifamily LT 5
$1.44M
$1.26M – $1.68M
NOI $100,847 @ 7.0% cap · market cap 3.67%
Second Best
Apartment 5plus
$1.28M
$1.12M – $1.49M
NOI $89,634 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$2.37M
$2.07M – $2.76M
NOI $165,559 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,164
Businesses Nearby
Explore this area
Business Placement
Demographics for 90037, CA
63,706
Population
18,709
Households
3.4
Avg Household Size
33
Median Age
9%
College-Educated
54%
High-School Grad
2.9 sq mi
ZIP Area
21,968
Density / Sq Mi
$56,417
Median Household Income
$29,857
Median Earnings
$1,438
Median Rent
$632,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Quadplexes in Los Angeles, CA
Properties on Market for Quadplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four individually metered residences combine private balconies with in-unit laundry and central HVAC.
Where is this quadplex located?
The property is located at 1197 Browning Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Four‑unit property built in 2020; 6,036 square feet on a 0.1794‑acre lot; Each residence has 3 bedrooms and 3.5 bathrooms
