1221 Browning Boulevard, Los Angeles, CA 90037

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Sold Price
$855,000
List Price
$895,000
Closing Date
Dec 10, 2025
Status
CLOSED
MLS#
PW25069521
Year Built
1921
Lot Size
7,814
Acres
0.18
Lot Location
0-1 Unit/Acre
Days on Market
150
Property Type
Multifamily
Property Sub Type
Duplex
Stories
One Level

Property Description

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.

Additional Information

Pool Description
None
Heat
None
Cooling Description
None
View
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
2
Levels
One

Listing courtesy of Listing Agent: Sebastian Stofenmacher (ss@edgestonere.com) from Listing Office: Edgestone Real Estate, Inc..

Listing sold by Arash Pashaei from Keller Williams Beverly Hills

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.