3023 S Budlong Ave Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90007
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,680 sqft
Price per Sqft $470
MLS Listing ID 24-456327
Bedrooms 16
Construction Status Updated/Remodeled, Additions/Alter
Year Built 1913
Lot Size 6,711 Sqft
Acres 0.1541
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 Mid Los Angeles
Zoning LAR2
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Equipment None
Laundry Laundry Area
Exterior
Parking Features Community Garage, Controlled Entrance, Driveway, Uncovered
Garage Spaces 6.0
Amenities Available None
Waterfront Description None
View Y/N Yes
View City
Building
Story 2
Sewer In Street
Level or Stories Two
Construction Status Updated/Remodeled, Additions/Alter
Others
Special Listing Condition Standard