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2922 S Budlong Ave
Los Angeles, CA 90007
Multifamily Property For Sale
·
10 Units
Investment Highlights
- Value-add potential for a new owner to continue renovating the remaining six units to achieve superior returns. +/- 48%upside in rents.
- The Property is Separately Metered for Gas, Electric. 10 parking on site spaces.
- Located in the DPS Patrol Zone.
- The property consists of three 2bedrooms/1 bath, four 2 bedroom/2 baths, two 1 bedroom/1 bath and a 3 bedroom/3 bathroom unit.
- Located within walking distance from USC Campus and & University Village.
Property Facts
| No. Units | 10 | Lot Size | 0.20 AC |
| Property Type | Multifamily | Building Size | 7,923 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 1.26/1,000 SF |
| Zoning | R2 | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 7,923 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.26/1,000 SF |
| Zoning | R2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $1,067 | - |
| 2+1 | 3 | $1,137 | - |
| 2+2 | 4 | $1,697 | - |
| 3+3 | 1 | $3,900 | - |
Property Taxes
| Parcel Number | 5054-035-009 | Improvements Assessment | $1,061,208 |
| Land Assessment | $1,804,053 | Total Assessment | $2,865,261 |
Property Taxes
Parcel Number
5054-035-009
Land Assessment
$1,804,053
Improvements Assessment
$1,061,208
Total Assessment
$2,865,261
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