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2506 S Budlong Ave
Los Angeles, CA 90007
Multifamily Property For Sale
·
5 Units
Investment Highlights
- Charming 5-unit built in 1921, 5-min from USC;4,460 SF of living space and 6,750 sq ft lot
- Current parking is not utilized, immediate upside;detached ADU potential in uncovered parking area
- The front 4-unit is a two story building with (2) 2BR/1BA upstairs and (1) 1BR/1BA + (1) 2BR/1BA downstairs.
- Property consists of a 4-unit building in the front and a single SFR-style unit in the back
- Brand new roof on back structure; majority copper re-piped, newer sewer (2022)
- Unit in the back of the property is ~400 SF 1+1
Property Facts
| No. Units | 5 | Building Size | 4,460 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1921 |
| Building Class | C | Parking Ratio | 1.12/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | LAR2 - restricted Density Multiple Dwelling | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,460 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1921 |
| Parking Ratio | 1.12/1,000 SF |
| Zoning | LAR2 - restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Freezer
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | 400 - 1,015 |
| 2+1 | 3 | - | 1,015 |
Property Taxes
| Parcel Number | 5054-020-003 | Improvements Assessment | $208,080 |
| Land Assessment | $483,786 | Total Assessment | $691,866 |
Property Taxes
Parcel Number
5054-020-003
Land Assessment
$483,786
Improvements Assessment
$208,080
Total Assessment
$691,866
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