Listing provided courtesy of Sebastian Stofenmacher of Edgestone Real Estate, Inc.. Last updated 2025-04-04 08:11:45.000000. Listing information © 2024 Sandicor.
Asking Price: $1,150,000 |
1221 Browning, Los Angeles CA 90037
Community: C34 - Los Angeles Southwest
This Duplex property was built in 1921 and is priced at $1,150,000. Please see the additional details below.
Unlock the potential of this expansive 7,812 sq. ft. lot, perfectly positioned in a coveted Qualified Opportunity Zone. With RTI (Ready to Issue) permits in hand for a 6-unit building (5 units + 1 attached ADU), 5 - 3 bed, 3.5 bath units and 1 - 3 bed, 3 bath unit, this is a dream project for investors and developers alike. Zoned LARD1.5, this property offers exceptional flexibility and density potential. Situated near top LA landmarks including USC, LA Memorial Coliseum, Downtown LA, Crypto.com Arena, California Science Center, BMO Stadium, and the Natural History Museum, as well as an array of restaurants, shops, and supermarkets, this location is unbeatable. The existing duplex is primed for demolition, clearing the way for a modern multi-unit development in the heart of one of LA's most vibrant communities. Don’t miss this chance to capitalize on a high-demand rental market and the benefits of building in a Qualified Opportunity Zone.
