Property summary
This exceptional 5-unit apartment building, located at 1054 Browning Blvd, Los Angeles, CA 90037, presents a compelling value-add investment opportunity. The property, a charming Hollywood Bungalow-style compound, boasts 3,903 square feet of net rentable space across two 1-story buildings, situated on a 7,084 square foot lot. Currently operating at 100% occupancy, the property generates a $57,428 Net Operating Income (NOI), representing a 4.99% cap rate at the asking price of $1,100,000… ($220,000 per unit). However, a significant upside exists, with a pro-forma NOI of $118,066 and a pro-forma cap rate of 10.27%. Recent capital improvements include the installation of all-copper plumbing, fresh exterior paint, and new fascia boards. The property also benefits from five on-site parking spaces and separate gas and electric meters for each unit. Its prime location in the Exposition Park neighborhood places it within easy reach of USC, the Lucas Museum, BMO Stadium, and Exposition Park, offering strong rental demand. The property has recently passed the LAHD S.C.E.P. inspection. The permitted zoning is Lard1.5. The land value is $162.33 per square foot. Built in 1911, this property offers a blend of historical charm and significant income potential. Buyer to independently verify bedroom counts and square footage.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 26 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,903 SF
- Lot area
- 0.16 ac
- Year built
- 1911
- APN
- 5037-026-024
- Zoning
- LARD1.5
- Assessed value · 2024
- $679,021
- Annual tax · 2024
- $9,150
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Location Insight
- Alternative use
- Local Zoning Insight
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