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.
Sold for $855,000
Listed by: Edgestone Real Estate, Inc. • Sebastian Stofenmacher • Contact: 213-273-4845
Bought with: Keller Williams Beverly Hills
$855,000
1221 Browning Blvd, Los Angeles, CA 90037
4beds
2baths
1,806sqft
Duplex
Built in 1921
-- sqft lot
$1,034,800 Zestimate®
$473/sqft
$2,257 Estimated rent
Home value
$1,034,800
$859,000 - $1.23M
$2,257/mo
Zestimate® history
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$5,426/mo
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Zillow last checked:
Listing updated:
Listed by:
Sebastian Stofenmacher DRE #01328684 818-464-5113,
Edgestone Real Estate, Inc.,
Matias Stofenmacher DRE #01705003 818-464-5707,
Edgestone Real Estate, Inc.
Bought with:
Arash Pashaei, DRE #02024961
Keller Williams Beverly Hills
Source: CRMLS,MLS#: PW25069521
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- None
Cooling
- None
Appliances
- Laundry: None
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,806
- Total interior livable area: 1,806 sqft
Property
Parking
- Parking features: None
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 7,814 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5037004017
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1921
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $473/sqft
- Tax assessed value: $1,246,918
- Annual tax amount: $15,236
- Date on market: 3/31/2025
- Cumulative days on market: 150 days
- Listing terms: Cash,Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 12/10/2025 | Sold | $855,000-4.5%$473/sqft |
Source:  CRMLS #PW25069521 Report a problem | ||
| 10/3/2025 | Pending sale | $895,000$496/sqft |
Source: CRMLS #PW25069521 Report a problem | ||
| 9/10/2025 | Price change | $895,000-10.4%$496/sqft |
Source: CRMLS #PW25069521 Report a problem | ||
| 6/25/2025 | Price change | $999,000-4.9%$553/sqft |
Source: CRMLS #PW25069521 Report a problem | ||
| 6/7/2025 | Listed for sale | $1,050,000$581/sqft |
Source: CRMLS #PW25069521 Report a problem | ||
| 5/16/2025 | Pending sale | $1,050,000$581/sqft |
Source: CRMLS #PW25069521 Report a problem | ||
| 5/8/2025 | Price change | $1,050,000-8.7%$581/sqft |
Source: CRMLS #PW25069521 Report a problem | ||
| 4/24/2025 | Pending sale | $1,150,000$637/sqft |
Source: CRMLS #PW25069521 Report a problem | ||
| 3/31/2025 | Listed for sale | $1,150,000-2.1%$637/sqft |
Source: CRMLS #PW25069521 Report a problem | ||
| 12/30/2021 | Sold | $1,175,000-4.1%$651/sqft |
Source: Public Record Report a problem | ||
| 11/12/2021 | Pending sale | $1,225,000$678/sqft |
Source: CRMLS #DW21107422 Report a problem | ||
| 6/10/2021 | Listed for sale | $1,225,000$678/sqft |
Source: CRMLS #DW21107422 Report a problem | ||
| 1/15/2021 | Listing removed | -- |
Source:  CRMLS Report a problem | ||
| 12/2/2020 | Price change | $1,225,000-4.7%$678/sqft |
Source: First Family Homes #DW20209634 Report a problem | ||
| 10/7/2020 | Listed for sale | $1,285,000+0.8%$712/sqft |
Source: First Family Homes #DW20209634 Report a problem | ||
| 4/15/2020 | Listing removed | $1,275,000$706/sqft |
Source: First Family Homes #DW19242940 Report a problem | ||
| 3/1/2020 | Price change | $1,275,000-1.8%$706/sqft |
Source: First Family Homes #DW19242940 Report a problem | ||
| 2/21/2020 | Price change | $1,298,900-6.9%$719/sqft |
Source: First Family Homes #DW19242940 Report a problem | ||
| 10/14/2019 | Listed for sale | $1,395,000+365%$772/sqft |
Source: First Family Homes #DW19242940 Report a problem | ||
| 8/25/2003 | Sold | $300,000+87.3%$166/sqft |
Source: Public Record Report a problem | ||
| 3/7/2003 | Sold | $160,200$89/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,236 +1% | $1,246,918 +2% |
| 2024 | $15,081 +1.9% | $1,222,470 +2% |
| 2023 | $14,793 +4.8% | $1,198,500 +2% |
| 2022 | $14,112 +185.1% | $1,175,000 +198.2% |
| 2021 | $4,949 -0.9% | $394,041 +1% |
| 2020 | $4,995 | $390,001 +2% |
| 2019 | $4,995 +7.1% | $382,355 +2% |
| 2018 | $4,663 | $374,859 +2% |
| 2017 | $4,663 +2.2% | $367,510 +2% |
| 2016 | $4,565 +2.6% | $360,305 +1.5% |
| 2015 | $4,448 +0.8% | $354,894 +2% |
| 2014 | $4,411 | $347,943 +2.5% |
| 2012 | -- | $339,581 +2% |
| 2011 | -- | $332,924 +0.8% |
| 2010 | -- | $330,437 -0.2% |
| 2009 | -- | $331,223 +2% |
| 2008 | -- | $324,729 +2% |
| 2007 | -- | $318,362 +2% |
| 2006 | -- | $312,120 |
| 2005 | -- | $312,120 +4% |
| 2004 | -- | $300,000 +67.1% |
| 2003 | -- | $179,543 +2% |
| 2002 | -- | $176,023 +4% |
| 2000 | -- | $169,190 |
Find assessor info on the county website
Neighborhood: South Los Angeles
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Nearby schools
GreatSchools rating
- 3/10Normandie Avenue Elementary SchoolGrades: K-5Distance: 0.7 mi
- 2/10Barack Obama Global Preparation AcademyGrades: 6-12Distance: 1 mi
- 3/10Manual Arts Senior High SchoolGrades: 9-12Distance: 0.4 mi
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Estimated market value
$1,034,800
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Estimated market value
$1,034,800
- California
- Los Angeles County
- Los Angeles
- 90037
- South Los Angeles
- 1221 Browning Blvd
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