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2717 S Budlong Ave
Los Angeles, CA 90007
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Strong Upside – Over 80% rental growth potential with pro-forma cap rate exceeding 10%
- Exceptional Value-Add Opportunity – 8-unit multifamily in the USC Secure Zone.
- On-Site Parking – 8 spaces on a 7,715 SF lot.
- Prime Location – Directly across from Richardson Family Park, minutes from USC, BMO Stadium, Lucas Museum, and Exposition Park.
- Desirable Unit Mix – (6) Two-Bedroom / One-Bath units and (2) One-Bedroom / One-Bath units.
- Long-Term Growth Potential – Surrounded by vibrant student housing demand and entertainment corridor.
Property Facts
| No. Units | 8 | Lot Size | 0.18 AC |
| Property Type | Multifamily | Building Size | 7,314 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1931 |
| Zoning | R3 - Multiple dwelling | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 7,314 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1931 |
| Zoning | R3 - Multiple dwelling |
Amenities
Unit Amenities
- Kitchen
- Oven
- Range
- Tub/Shower
- Basement
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | $1,166 | 725 - 850 |
| 1+1 | 2 | $950.50 | - |
Property Taxes
| Parcel Number | 5054-015-017 | Improvements Assessment | $229,955 |
| Land Assessment | $386,342 | Total Assessment | $616,297 |
Property Taxes
Parcel Number
5054-015-017
Land Assessment
$386,342
Improvements Assessment
$229,955
Total Assessment
$616,297
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