2643 South Budlong Avenue

Los Angeles, CA 90007

$1,675,000
Price
8
Beds
8
Baths
4,688 Sq. Ft.
$357 / Sq. Ft.
4,688
Sq. Ft.
$357
per Sq. Ft.

Description

2643 s. Budlong Ave, is a 8-unit bungalow style multifamily building located in Los Angels close to USC. The property's layout of separate bungalows surrounding a central courtyard area, provides all tenants with outdoor space. There is a total of 8 one-bedroom units within 5 separate buildings. Property is located less than 2 miles from USC. It is surrounded by many stores, restaurants, markets, freeways. This is ideal for an investor or developer. Property is zoned LARD1.5 Contact the listing broker...2643 s. Budlong Ave, is a 8-unit bungalow style multifamily building located in Los Angels close to USC. The property's layout of separate bungalows surrounding a central courtyard area, provides all tenants with outdoor space. There is a total of 8 one-bedroom units within 5 separate buildings. Property is located less than 2 miles from USC. It is surrounded by many stores, restaurants, markets, freeways. This is ideal for an investor or developer. Property is zoned LARD1.5 Contact the listing broker for additional information.
  1. Listed by Erica Moreno • DRE #01860905 • Brokerage DRE #01280965 • Century 21 Allstars • 323-697-1530

Property Details for 2643 South Budlong Avenue

View
None
Parking Spaces Total
0
Private Pool
No
Cooling Type
None
Total Units
8.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4688
LISTING UPDATED: 12/13/2024 08:17 AM

Property Details for 2643 South Budlong Avenue

StatusActive
MLS #DW24187184
Days on Market102
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1923
Lot Size0.23 AC / 9,960 SF
CountyLos Angeles County

Building Information for 2643 South Budlong Avenue

Stories1Residences-Year Built1923Building Size-Lot Size0.23 AC / 9,960 SF

Property Information for 2643 South Budlong Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $95,544
  • Gross Scheduled Income: $100,572
  • Vacancy Allowance Rate: 5
  • Gross Operating Income: $95,544
  • Net Operating Income: $83,100
  • Number Of Rented Garages: 0
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $12,444
  • New Taxes Expense: $23,125
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Other Expense: $853
  • Trash Expense: $0
  • Water Sewer Expense: $5,700
  • Total Expenses: $29,678
Tax / Assessment Info
  • Tax Tract Number: 0
  • Tax Census Tract: 2222.00
  • Tax Lot: 38
Community / Development
Community / Development
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Down
  • Bedroom Features: All Bedrooms Down
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Entry Location: 1
  • Fence: Yes
  • Fence: Chain Link
  • Fencing: Chain Link
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: Rectangular Lot
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: No
  • Parking Garage: None
  • Uncovered Spaces: 0
  • Open Other Spaces Total: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: None
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $795
  • Unit Type Total Rent: $795
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $809
  • Unit Type Total Rent: $809
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $853
  • Unit Type Total Rent: $853
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,047
  • Unit Type Total Rent: $1,047
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $928
  • Unit Type Total Rent: $928
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,850
  • Unit Type Total Rent: $1,850
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,117
  • Unit Type Total Rent: $1,117
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $882
  • Unit Type Total Rent: $882
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 8
Unit Information
  • Number Of Units Leased: 8
  • Rent Controlled: Yes
  • Number Of Buildings: 5
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Wall AC: 0

Property History for 2643 South Budlong Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2643 South Budlong Avenue

Taxable ValueLand$205,832Additions$230,534Total$436,366
Tax Record2024$5,994 ($500 / month)
Home Facts
Total Finished SqFt4,688 SqFtAbove Grade Finished SqFt4,688 SqFtLot Size9,924 SqFtStyleMulti-Family Res (5+ Units)Year Built1923ZoningLARD1.5CountyLOS ANGELESAPN5054-016-015

Schools near 2643 South Budlong Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Vermont Avenue Elementary School
Public - K to 5
Foshay Learning Center
Public - K to 12
West Adams Preparatory High School
Public - 9 to 12
Stem Preparatory Academy
Charter - K to 5
Rating
School
Distance
Vermont Avenue Elementary School
PublicK to 5

Foshay Learning Center
PublicK to 12

West Adams Preparatory High School
Public9 to 12

Stem Preparatory Academy
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 2643 South Budlong Avenue, Los Angeles, CA 90007

2643 South Budlong Avenue is a mixed use property for sale in Los Angeles, CA 90007. This property was listed for sale on September 9, 2024 by Century 21 Allstars, it's currently listed at $1,675,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Vermont Avenue Elementary School, Foshay Learning Center and West Adams Preparatory High School. 2643 South Budlong Avenue is a 8-bed, 8-bath, 4,688 sqft mixed use property built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Allstars, Erica Moreno, DRE #01860905

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.