CA > Los Angeles
Los Angeles, CA 90007,2717 S Budlong Ave
Los Angeles, CA 90007,2717 S Budlong Ave
Los Angeles, CA 90007,2717 S Budlong Ave
10
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$1,495,000
Est. payment /mo
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14 Beds
8 Baths
7,318 SqFt
Pending

2717 S Budlong Ave Los Angeles, CA 90007

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Kristen Riffle

Kristen Riffle

+1(702) 497-0730

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 7,318 sqft

Price per Sqft $204

MLS Listing ID 25500327

Bedrooms 14

Year Built 1931

Lot Size 7,775 Sqft

Acres 0.1785

Property Sub-Type Multi-Family

Property Description

This 8 unit value add opportunity is in the heart of the USC Secure zone and across the street from Richardson Family Park. It has explosive rental upside of over 80%. The Market cap rate at Pro-forma rents is over 10%. There is a very desirable unit mix of (6) 2BR/1BA, and (2) 1BR/1BA Units. The average unit size is 822 SF. One of the 2BR units will be delivered vacant. The property is on a 7,715 SF lot and includes (8) parking spaces. It is separately metered for gas & electric insuring low operating costs, and the electrical service panel was recently updated. The family has owned the property for over 38 years, and they are highly motivated to give up the ownership. Nearby amenities include the USC campus, BMO Stadium, Lucas Museum, Exposition Park and much more.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Natural Gas

Cooling None

Equipment Garbage Disposal

Laundry None

Exterior

Parking Features Assigned

Garage Spaces 8.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.
agent
Kristen Riffle

Agent | RE. S.0177577

+1(702) 497-0730 | [email protected]

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2717 S Budlong Ave