Active
3023 S Budlong Ave
Los Angeles CA, 90007
$2,575,000
$550.21 per sqft
Active
16 Beds
4,680 sqft
Residential
Built in 1913
USC Student housing investment opportunity! 6.1% CAP rate and 12.44 GRM! All current tenants are students at USC! Property is located within short walking distance to the University of Southern California. The property is located within the USC Department of Public Safety Patrol Zone and the USC Lyft Ride Safe program. The property has a total of 16 Bedrooms and 11 Bathrooms in 4 separate units. One - 5 Bed+4 Bath unit, two - 4 bed+3 bath units, and one - 3 Bed+1 Bath unit. The building is 4,680 Sq. Ft. and sits on a 6,708 Sq. Ft. lot zoned LAR2. There are 6 on-site parking spaces. Potential to add ADU on the lot. *Buyer to verify all information* Please do not disturb tenants, drive by only.
24-367617
MLSⓇ ID
March 11, 2024
Listed
April 5, 2024
Updated
Map
3023 S Budlong Ave
Los Angeles CA, 90007
Interior Features
Total Stories
2
Bedrooms
16
Appliances
None
Laundry Description
Laundry Area
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall
Exterior/Building Features
Lot Size
0.15 Acres
Sewer
In Street
Other Property Details
Area Name
Mid Los Angeles
Days on Market
8
Association Amenities
None
Garage
Yes
Parking
Community Garage, Controlled Entrance, Driveway, Uncovered
Parking Total
6
View
Yes
View Description
City
County
Los Angeles
Pool
No
Zoning
LAR2
Listed by Michael R. Fukushima with Keller Williams Downtown LA
Listing Contact: 818-321-6490
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Ramey Ward | CA DRE# 01456908 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 4/5/2024
