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$2,200,000

Beds
16
sq ft
4,680

3023 S Budlong Ave, Los Angeles, CA 90007

3023 S Budlong Ave

Los Angeles, CA 90007

  • 59 days on market
USC Student housing investment opportunity! 6.6% CAP rate and 10.6 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.

Details

Property type

Property condition

Updated/Remodeled

Lot size

6,711 sq ft

Price per sq ft

$471

Year built

1913

HOA

No

Price History

10/23/2024
CLAW

CLAW #24456327

Listed
$2,200,000
-9.28%
08/07/2024
CLAW

CLAW #24367617

Removed
$2,425,000
05/09/2024
CLAW

CLAW #24367617

Price change
$2,425,000
-5.83%

Schools & Community

Neighborhood: 

Adams-Normandie

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Status: Active

Tomo last checked: 12/23/2024 at 10:35 AM

Listing updated: 12/04/2024 at 9:15 PM

Listed by: Michael R. Fukushima, Keller Williams Realty Downey Phone #: (562) 334-1500

MLS: CLAW #24456327

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