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1197 Browning Boulevard Los Angeles, CA 90037
$2,795,000 12 beds, 16 baths
6, 036 sqft
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Michael Tunick REALTORĀ® - Sales Associate 323-646-3893 m
818-386-9007 f
Lic#: 01321406
NRDS ID: 175512407
mtunick@bhhscal.com
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818-386-9007 f
Lic#: 01321406
NRDS ID: 175512407
mtunick@bhhscal.com
Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007
Sherman Oaks 14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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Agent Remarks

With a 5.8% cap rate based on actual current rents and expenses, 1197 Browning Blvd presents a rare opportunity to acquire a newer construction, low-maintenance fourplex in the heart of Los Angeles, just blocks from the USC campus. Built in 2020, this modern income property features four spacious townhome-style units designed with quality finishes and thoughtful layouts throughout.Each unit offers three bedrooms and three and a half bathrooms, featuring open-concept living spaces, quartz countertops, oversized kitchen islands, stainless steel appliances, recessed lighting, en-suite bathrooms in every bedroom, in-unit laundry, and central HVAC. The two upper-level bedrooms include walk-in closets and private balconies, creating an attractive living experience that continues to drive strong tenant demand.Separately metered for gas, water, and electricity, the property operates efficiently while minimizing owner expenses. Additional features include eight gated on-site parking spaces and quality construction that is evident from the moment you step inside.Ideally located near USC, the property benefits from proximity to Exposition Park, the Los Angeles Memorial Coliseum, BMO Stadium, the Natural History Museum, California Science Center, Downtown Los Angeles, and major employment hubs throughout the city. Easy access to the Metro E Line and the 10 and 110 Freeways further enhances the property's appeal to students and professionals alike.Whether you're completing a 1031 exchange or expanding your portfolio, 1197 Browning Blvd offers a turnkey investment opportunity with strong cash flow, modern construction, and a location positioned for long-term rental demand and appreciation.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26848695
List price is $2,795,000
Beds: 12
Baths: 16
Built in 2020
6,036 sqft
2 stories
0.18 acres
Lot size: 0.1794
County: Los Angeles
Zoning: LARD1.5
Appliances: Dishwasher,Disposal,Microwave,Refrigerator,Washer
Parking description: Driveway,Gated
Heating/cooling: Central Air
Heating description: Central
MLS area: C34 - Los Angeles Southwest

Last Updated: 6/17/2026

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This listing belongs to the C34 - Los Angeles Southwest MLS area

Lat/Long: 34.012450, -118.297376.
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Listing Agent: Kaela Whelan
Lic#: 01321406
Office Name: Sherman Oaks

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Photo of Michael Tunick

Michael Tunick REALTORĀ® - Sales Associate 323-646-3893 m
818-386-9007 f
Lic#: 01321406
NRDS ID: 175512407
mtunick@bhhscal.com
Text Me
Call My Cell
818-386-9007 f
Lic#: 01321406
NRDS ID: 175512407
mtunick@bhhscal.com

Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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