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$2,200,000

Est. payment - /mo

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16 BD

11 BA

4,680 SqFt

Active

3023 S Budlong AVE Los Angeles, CA 90007

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Allen Yabko

[email protected] +1(213) 453-2951

UPDATED:

12/05/2024 05:14 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,680 sqft

Price per Sqft $470

MLS Listing ID 24456327

Bedrooms 16

Construction Status Additions/Alterations,Updated/Remodeled

HOA Y/N No

Year Built 1913

Lot Size 6,712 Sqft

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.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAR2

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Parking Features Controlled Entrance, Driveway, Community Structure, Uncovered

Community Features Gated

View Y/N Yes

View City Lights

Total Parking Spaces 6

Building

Faces East

Story 2

Entry Level Two

Sewer Other

Level or Stories Two

New Construction No

Construction Status Additions/Alterations,Updated/Remodeled

Others

Senior Community No

Tax ID 5040023022

Security Features Gated Community

Special Listing Condition Standard

Listed by Michael R. Fukushima • Keller Williams Realty Downey

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Allen Yabko

Agent | License ID: DRE 02074553

+1(213) 453-2951