2327 S Budlong Avenue
Los Angeles, CA 90007
0
Bed
0
Bath
8,062Sqft
6,801Sqft(Lot)
RENTAL INCOME: $187,968.00 per year / $15,664.00 per month. Excellent opportunity to acquire a 16-unit apartment building in the West Adams district of Los Angeles by USC at a $115,625.00 cost per unit and $229.47 cost per square foot. This 8,062 sq. ft. building resides on a 6,801 sq. ft. corner lot which consists of 16 very large studios each with their own separate kitchen area. The property is located one block south of the 10 Freeway on an excellent and quiet stretch of Budlong Ave. at 24th St. and surrounded by single family homes and smaller apartment buildings. The property retains an excellent on-site manager making this a low maintenance asset for savvy investors. The building is well maintained and all units are individually metered for gas and electric with onsite laundry that
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Appliances: Dishwasher, RefrigeratorLaundry Features: Common Area -
Heating & Cooling
Has Heating: Yes Heating: Floor Furnace
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Building Information
Year Built: 1911Building Area Total: 8062Stories: 2Private Pool: No
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Lot Information
Lot Dimensions: 50x135 Main Square Feet: 6801 Lot Size Acres: 0.1561 Lot Size Square Feet: 6,801 Lot Description: Corners Marked
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Listing Price Information
Listing Price: $1850000
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Tax Information
Parcel Number: 5054018012
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Virtual Tour
Parking Information
None
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Location Information
Direction: South of the 10 Freeway, East of Normandie Ave., North Of West Adams Blvd. Security Features: Resident Manager
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2200 E 105th, Los Angeles, CA, 90007 | $600,000 | 3 | 3 | 2,001 | 2,001 SqFt |
| 225 W Adams Boulevard, Los Angeles, CA, 90007 | $1,775,000 | -- | 16 | 8,540 | 8,540 SqFt |
| 1943 Estrella Avenue, Los Angeles, CA, 90007 | $1,350,000 | 8 | 4 | 5,458 | 5,458 SqFt |
| 1986 Norwood Street, Los Angeles, CA, 90007 | $775,000 | 4 | 2 | 1,265 | 1,265 SqFt |
| 1011 W 20th, Los Angeles, CA, 90007 | $1,350,000 | 7 | 4 | 2,511 | 2,511 SqFt |
| 2127 Portland Street, Los Angeles, CA, 90007 | $1,600,000 | 11 | 11 | 3,715 | 3,715 SqFt |
| 1017 W 24th Street, Los Angeles, CA, 90007 | $1,220,000 | 4 | -- | 3,104 | 3,104 SqFt |
| 721 W 30th Street, Los Angeles, CA, 90007 | $7,100,000 | 25 | -- | 12,928 | 12,928 SqFt |
| 1276 W 22nd St, Los Angeles, CA, 90007 | $1,290,000 | -- | -- | -- | |
| 1213 W 24th, Los Angeles, CA, 90007 | $2,138,000 | -- | -- | 3,167 | 3,167 SqFt |
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ByOwner last updated this listing 08/04/2026 @ 06:19
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