3023 South Budlong Avenue
$2,200,000
16
11
4,680
4,680
$470
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....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.
- Listed by Michael R. Fukushima • DRE #01380445 • Brokerage DRE #00752861 • Keller Williams Realty Downey
- Listed by Stephen F. Watson • DRE #01187813 • Brokerage DRE #00752861 • Keller Williams Realty Downey
Property Details for 3023 South Budlong Avenue
Water Front
None
ZoningLAR2
Cross StreetsWest Jefferson Blvd.
Parcel Number5040023022
Total Units4.0
Living Area4680
Source Living AreaVendor Enhanced
AreaMid Los Angeles (C16)
LISTING UPDATED: 10/31/2024 12:01 AM
Property Details for 3023 South Budlong Avenue
Status | Active |
---|---|
MLS # | 24-456327 |
Days on Market | 59 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1913 |
Lot Size | 0.15 AC / 6,711 SF |
County | Los Angeles County |
Building Information for 3023 South Budlong Avenue
Stories2Residences-Year Built1913Building Size-Lot Size0.15 AC / 6,711 SF
Property Information for 3023 South Budlong Avenue
Property History for 3023 South Budlong Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3023 South Budlong Avenue
Taxable ValueLand$987,901Additions$658,600Total$1,646,501
Tax Record2024$20,419 ($1,702 / month)
Home Facts
Total Finished SqFt4,680 SqFtAbove Grade Finished SqFt4,680 SqFtLot Size6,709 SqFtStyleQuadraplexYear Built1913ZoningLAR2CountyLOS ANGELESAPN5040-023-022
Schools near 3023 South Budlong Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | K to 12 | |||
Public - | 9 to 12 | |||
Charter - | K to 5 |
Rating | School | Distance |
---|---|---|
John W. Mack Elementary School PublicK to 5 | ||
Foshay Learning Center PublicK to 12 | ||
Manual Arts Senior 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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