Property listed by Compass, Kaela Whelan 310-437-7500
$2,795,000
A 5.8 cap rate with actual currents rent and expenses and not subject to rent control, this 2020 newer construction, sleek four unit property is an absolute gold mine. Located blocks from the USC campus, this modern income property features gorgeous townhome-style units, each designed with quality finishes and thoughtful… Read More details throughout. If steady cash flow and low maintenance are what you're looking for, you've found the perfect property. Separately metered for gas, water and electrical, bringing expenses to a minimum. Each unit features three bedrooms, three and a half bathrooms with an open concept layout, high end finishes, stainless steel appliances, recessed lighting, en suite bathrooms in every bedroom, in unit laundry and walk in closets and balconies upstairs. You can feel the quality of construction as soon as you step foot in one of the units. There is parking for 8 cars on site, through a secured gate in the front. This property presents an exceptional, turn-key investment opportunity in a high-growth pocket of Los Angeles. Whether you're expanding your portfolio or seeking a reliable cash-flowing asset, 1202 Browning Blvd is a proven money maker in one of LA's most consistent rental markets. Read Less
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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