1045 Browning Boulevard, Los Angeles
Los Angeles Home For Sale
We are pleased to present a 7,820 square foot (SF) lot located at 1045 Browning Boulevard in Los Angeles, California. The subject property is situated in a prime Exposition Park location, east of Vermont Avenue and north of Martin Luther King Jr Boulevard. This offering is positioned on one (1) parcel totaling 7,820 SF of land with a zoning ordinance of LAC2-2D-CPIO. This allows for nineteen (19) units by-right. The lot is currently operating as a four (4) unit multifamily property giving a developer income while going through entitlements. Additionally, this offering has the potential for thirty-four (34) units utilizing Tier 3 TOC under the Community Plan Implementation Overlay (CPIO). The TOC benefits include a significant density bonus, reductions to setbacks, reductions to parking, and an increase in the floor to area ratio. This asset is positioned near many great local amenities including the brand new George Lucas Museum, Exposition Park, The LA Coliseum, BMO Stadium, and The Natural History Museum. Situated in a great South Los Angeles Location, this offering presents an excellent opportunity for any investor or developer to capitalize on a mid-size lot with the potential to build up to thirty-four (34) units utilizing TOC.
Property Details
Additional Information
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- City:
- Los Angeles
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- County:
- Los Angeles
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- Zip:
- 90037
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- MLS® #:
- 24421575
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- Bedrooms:
- 9
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- Bathrooms:
- 4
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- Square Ft:
- 4,162
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- Lot Size:
- 0.18
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- Levels:
- Two
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- Garages:
- 2
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- HOA Dues:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of July 30th, 2024 at 5:30pm PDT. 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.