Historic Duplex with
2014 Browning BLVD, Los Angeles, CA 90062
For Sale
New
$749,000
Both vacant residences have one bedroom and one full bathroom.
Property Size1,836 SF
Days on Market4
Property Features for 2014 Browning BLVD
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Building Details
Building Size
Year Built
Construction
Listing Agency:
Coldwell Banker Realty
Listed By:
Grace Chang · License CA #01788890
Source:
Milsteinestates
Added: Nov 12
Changed: Nov 14
Last Checked: Nov 14 at 6:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
Built in 1922, this duplex contains two vacant residences, each with one bedroom and one full bathroom. Interior features include hardwood flooring, built-in storage, formal dining rooms, and kitchens with side doors to the exterior. The property also has a grassy yard and two separate one-car garages.
The building retains period architectural details and has updated electrical wiring and panels, along with a newer roof. It is located in the Browning Duplex Historic District.
The building retains period architectural details and has updated electrical wiring and panels, along with a newer roof. It is located in the Browning Duplex Historic District.
Key Highlights
- Two vacant residences, each with 1 bedroom and 1 full bathroom
- Two separate one‑car garages
- Built in 1922; located in the Browning Duplex Historic District
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,063
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$641,260
$641.3K
Cap Rate 7%
$458,043
$458.0K
Cap Rate 9%
$356,256
$356.3K
Market Conditions
NOI Build-Up for 1,836 SF
Gross rent
$49.6K $27.00/SF
− Vacancy
−$3.8K −$2.05/SF
EGI
$45.8K $24.95/SF
− OpEx
−$13.7K −$7.48/SF
NOI
$32.1K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$641,260
Cap Rate 7%
$458,043
Cap Rate 9%
$356,256
Alternative Uses
Best Use
Multifamily LT 5
$458.0K
$400.8K – $534.4K
NOI $32,063 @ 7.0% cap · market cap 4.28%
Second Best
Apartment 5plus
$422.0K
$369.3K – $492.4K
NOI $29,543 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$766.6K
$670.7K – $894.3K
NOI $53,659 @ 7.0% cap · market cap 7.16%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
841
Businesses Nearby
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Business Placement
Demographics for 90062, CA
32,524
Population
10,060
Households
3.2
Avg Household Size
36
Median Age
17%
College-Educated
65%
High-School Grad
1.9 sq mi
ZIP Area
17,118
Density / Sq Mi
$63,652
Median Household Income
$35,911
Median Earnings
$1,473
Median Rent
$672,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Los Angeles, CA
Properties on Market for Duplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both vacant residences have one bedroom and one full bathroom.
Where is this duplex located?
The property is located at 2014 Browning BLVD Los Angeles, CA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Two vacant residences, each with 1 bedroom and 1 full bathroom; Two separate one‑car garages; Built in 1922; located in the Browning Duplex Historic District
