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 Beds


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

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