1187 Browning
Los Angeles, CA, 90037
$1,200,000
MLS: PW25270935
Beds
2
Baths
1
Sq Ft
1,282
Lot
0.18 ac
Year Built
1921
MLS #
PW25270935
Days on Market
105
Listed
Dec 5, 2025
Description
Development Opportunity – RD1.5-1-CPIO | Potential for Increased Density | SB 8 / Density Bonus Potential Rare opportunity to acquire a ±7,800 SF development site at 1187 Browning Boulevard in a rapidly evolving pocket of South Los Angeles. Zoned RD1.5-1-CPIO, the property provides a by-right foundation of approximately 5 units, with potential for additional density through State and City housing incentive programs. The property may allow for increased density beyond base zoning through California Density Bonus Law, which can provide opportunities for additional units, reduced parking requirements, and expanded building envelope (including height and FAR), in exchange for affordable housing set-asides. Buyers to verify eligibility and requirements. Projects in similar RD1.5 zones have utilized these programs to increase unit count beyond by-right limits. Additionally, buyers should explore the applicability of Transit Oriented Communities (TOC) incentives and other local housing initiatives, which may provide opportunities for increased density, reduced parking, and more efficient site planning. Height District 1 zoning typically permits approximately 30–33 feet, supporting 2-story construction by-right, with potential for modifications to height and massing through applicable incentive programs. Buildable floor area may increase when utilizing such programs, subject to approval. The property falls within a Community Plan Implementation Overlay (CPIO), which introduces additional planning guidelines and development standards. Importantly, the site may be subject to California SB 8 (Housing Crisis Act), requiring compliance with replacement housing obligations and tenant protections if existing residential units are removed. A Replacement Unit Determination (RUD) from the Los Angeles Housing Department (LAHD) may be required. Buyer to independently verify all zoning, density bonus eligibility, TOC applicability, FAR, height limits, CPIO standards, SB 8 requirements, and all local/state ordinances. Property sold as-is.
Location
Los Angeles, Los Angeles County, CA 90037
Open on Google Maps ↗Listed by: Donald Peart · Donald R. Peart Jr, Broker
Payment estimate
$8,636
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $120,000 · Loan: $1,080,000
- Principal & Interest
- $6,636
- Property tax (1.25%)
- $1,250
- Homeowners insurance
- $300
- Mortgage insurance
- $450
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $42,000 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Los Angeles, CA 90037 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
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