1052 Browning Blvd

Description

I am pleased to offer for sale a 12 unit apartment community located at 1052 Browning Boulevard in an infill Los Angeles neighborhood. Located less than one mile from the University of Southern California and less than three miles from Downtown Los Angeles, the subject property is directly positioned in the path of development. Browning is situated on a 9,305 square foot parcel and features one studio, seven one-bedroom units, two two-bedroom units, one three-bedroom unit and one four-bedroom unit. Investors will have the opportunity to acquire a property at an attractive basis with an ideal unit-mix that caters to USC students that are increasingly seeking housing south of campus. The offering represents a compelling buying opportunity to acquire a well-maintained property that can be further upgraded by repositioning interiors and common areas to attract the growing base of young professionals and students from nearby USC.