3023 S Budlong Avenue, Los Angeles, CA 90007
-
Listed Price :
$2,200,000
-
Beds :
16
-
Baths :
11
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Property Size :
4,680 sqft
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Year Built :
1913
Property Description
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.
Interior Features
| Bedroom Information |
| Bedrooms |
16 |
| Bathroom Information |
| Bathrooms |
11 |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
3023 S Budlong Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90007 |
| County |
Los Angeles |
| Listing Agent |
Michael R. Fukushima DRE #01380445 |
| Co-Listing Agent |
Stephen F. Watson DRE #01187813 |
| Courtesy Of |
Keller Williams Realty Downey |
| List Price |
$2,200,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
4,680 |
| Lot Size |
6,711 |
| Year Built |
1913 |
Listing information courtesy of: Michael R. Fukushima, Stephen F. Watson, Keller Williams Realty Downey. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 5:14 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
