NOT LISTED FOR SALE

1850 Browning Blvd Los Angeles, CA 90062

Exposition Park Neighborhood

Estimated Value: $686,000 - $965,947

2 Beds
2 Baths
1,726 Sq Ft
$467/Sq Ft Est. Value

Last Sold June 09, 2021

Last sale price $615,000 $356 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,067/month

5 Days on Market

Highlights

  • Laundry Room
  • Wall Furnace
  • Back Yard

About This Home

As of June 2021

Charming Duplex located in the distinguished Leimert Park neighborhood. 1,726 sqft building on a 6,757 lot. Outstanding investment opportunity with upside potential. Spacious Mirrored units each having 1BD, 1BA and den that could be used as the second bedroom. Laundry in each unit. Large lot with nice size backyard. Centrally located near USC, Baldwin Hills, Crenshaw Plaza, freeways and public transportation. First time on the market in decades. A must see to appreciate and priced to move. Offers in by Sunday March 28 8pm

Last Agent to Sell the Property

Mark Fong

Golden Mountain Realty License #00996949 Listed on: 03/24/2021

Last Buyer's Agent

Alex Valenzuela

Keller Williams SELA License #01216170

Keller Williams SELA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,202

Year Built

  • Built in 1922

Lot Details

  • 6,757 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • 1,726 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 73
  • Tax Tract Number 4463
  • Assessor Parcel Number 5035007010

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,202

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5035007010
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 356.32

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6757.00
  • Lot Size Acres: 0.1551

Multi Family

  • Lot Size Area: 6757.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2314.00
  • Tax Lot: 73
  • Tax Tract Number: 4463

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Apr 27, 2021
Sold by
Jong Audrey
Bought by
Newshire Investments Inc
Seller's Agent
Mark Fong
Golden Mountain Realty
Buyer's Agent
Alex Valenzuela
Keller Williams SELA
List Price
$599,000
Sold Price
$615,000
Premium/Discount to List
$16,000
2.67%
Current Estimated Value
$805,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,987
Avg. Annual Appreciation
5.75%
Original Mortgage
$866,600
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 10, 1998
Sold by
Jong Gene Y
Bought by
Jong Gene Y and Jong Audrey
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Newshire Investments Inc $615,000 Lawyers Title Company
Jong Gene Y -- --
Jong Gene Y -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newshire Investments Inc $977,200
Closed Newshire Investments Inc $910,000
Closed Newshire Investments Inc $866,600
Closed Newshire Investments Inc $866,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2021 06/09/21 Sold $615,000 +2.7% $356 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $599,000 -- $347 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,202 $892,694 $432,972 $459,722
2024 $8,202 $652,642 $424,483 $228,159
2023 $8,050 $639,846 $416,160 $223,686
2022 $7,686 $627,300 $408,000 $219,300
2021 $848 $41,611 $22,389 $19,222
2020 $851 $41,185 $22,160 $19,025
2019 $831 $40,378 $21,726 $18,652
2018 $723 $39,587 $21,300 $18,287
2016 $678 $38,052 $20,474 $17,578
2015 $671 $37,481 $20,167 $17,314
2014 $691 $36,747 $19,772 $16,975
Source: Public Records

Agents Affiliated with this Home

  • Mark Fong

    Seller's Agent in 2021

    Mark Fong

    Golden Mountain Realty

    (626) 862-8454

    1 in this area

    7 Total Sales

    Mark Fong
    Section Image
  • Alex Valenzuela

    Buyer's Agent in 2021

    Alex Valenzuela

    Keller Williams SELA

    (562) 244-8783

    1 in this area

    27 Total Sales

    Alex Valenzuela
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21058277

California Regional Multiple Listing Service (CRMLS)

APN: 5035-007-010

California Los Angeles County Los Angeles 90062 Exposition Park

1850 Browning Blvd, Los Angeles, CA

This home is located at 1850 Browning Blvd, Los Angeles, CA 90062 since 24 March 2021 and is currently estimated at $805,987, approximately $466 per square foot. This property was built in 1922. 1850 Browning Blvd is a home located in Los Angeles County with nearby schools including Martin Luther King Jr. Elementary School, Barack Obama Global Preparation Academy, and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. 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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