3023 Budlong Avenue, Los Angeles

Los Angeles Home For Sale

USC Student housing investment opportunity! 6.5% CAP rate and 11.78 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.

Property Details

3023 Budlong AvenueSquare Ft: 4,680Lot Size: 0.15Bedrooms: 12Bathrooms: 8Price: $2,425,000Zip: 90007
MLS® #: 24367617Levels: TwoSchool District: Days on Market: 125Listed By: Michael R. Fukushima, Keller Williams Downtown LA

Sales Agent

Beach Cities Real Estate
  • Beach Cities Real Estate
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Additional Information

  • City:
    Los Angeles
  • County:
    Los Angeles
  • Zip:
    90007
  • MLS® #:
    24367617
  • Bedrooms:
    12
  • Bathrooms:
    8
  • Square Ft:
    4,680
  • Lot Size:
    0.15
  • Levels:
    Two
  • HOA Dues:
    $

Price Change History for 3023 Budlong Avenue, Los Angeles, (MLS® #24367617)

Date Details Price Change
Price Reduced (from $2,575,000) $2,425,000 $150,000 (5.83%)
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Based on information from California Regional Multiple Listing Service, Inc. as of July 14th, 2024 at 4:15pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.