5116 South Budlong Avenue

Los Angeles, CA 90037

$980,000
Price
5
Beds
3,632 Sq. Ft.
$270 / Sq. Ft.
3,632
Sq. Ft.
$270
per Sq. Ft.

Description

An excellent opportunity to own a well-maintained, income-generating fourplex in Los Angeles! This property offers four spacious units making it perfect for long-term tenants or short-term rentals. All tenants pay on time and they are month to month. The upstairs unit features a spacious 2-bedroom, 1-bath layout with a dining area and a large living room. The downstairs unit offers 1 bedroom and 1 bathroom. Additionally, there are two covered parking spaces available for the residents. Run, don't...An excellent opportunity to own a well-maintained, income-generating fourplex in Los Angeles! This property offers four spacious units making it perfect for long-term tenants or short-term rentals. All tenants pay on time and they are month to month. The upstairs unit features a spacious 2-bedroom, 1-bath layout with a dining area and a large living room. The downstairs unit offers 1 bedroom and 1 bathroom. Additionally, there are two covered parking spaces available for the residents. Run, don't walk! You don't want to miss this opportunity!
  1. Listed by Jessica Altinoglu • DRE #02159983 • Luxury Collective • 818-426-2465
  2. Listed by Analia Bortolo • DRE #01502352 • Luxury Collective

Property Details for 5116 South Budlong Avenue

Parking Spaces Total
2
Private Pool
No
Cooling Type
Wall/Window
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3632
Assessor Parcel Number
5017-024-032
LISTING UPDATED: 10/28/2024 07:54 AM

Property Details for 5116 South Budlong Avenue

StatusActive
MLS #SR24215187
Days on Market35
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential Income
Year Built1927
CountyLos Angeles County

Building Information for 5116 South Budlong Avenue

Building/Complex5116 S Budlong AveFloor-Stories2Residences-Pet Policy-Year Built1927Building Size-

Property Information for 5116 South Budlong Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 0
  • Tax Census Tract: 2323.00
  • CFD/Mello-Roos Fee: $581
  • Tax Lot: 59
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Available
  • Electric: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Available
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $1,091
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,200
  • Unit Type Total Rent: $2,200
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4

Property History for 5116 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 5116 South Budlong Avenue

Taxable ValueLand$578,015Additions$144,501Total$722,516
Tax Record2024$9,246 ($770 / month)
Home Facts
Total Finished SqFt3,632 SqFtAbove Grade Finished SqFt3,632 SqFtLot Size5,520 SqFtStyleQuadraplexYear Built1927ZoningLAR2CountyLOS ANGELESAPN5017-024-032

Schools near 5116 South Budlong Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Fifty-Second Street Elementary School
PublicK to 5

John Muir Middle School
Public6 to 8

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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5116 South Budlong Avenue is a townhouse for sale in Los Angeles, CA 90037. This property was listed for sale on October 17, 2024 by Luxury Collective, it's currently listed at $980,000. It has been on the market for a total of 35 days and was last sold on May 12, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include Fifty-Second Street Elementary School, John Muir Middle School and Augustus F. Hawkins High A Critical Design And Gaming. 5116 South Budlong Avenue is a 5-bed, 0-bath, 3,632 sqft townhouse built in 1927.

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 Luxury Collective, Jessica Altinoglu, DRE #02159983; Luxury Collective, Analia Bortolo, DRE #01502352

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.