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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Bedroom Information
Total Bedrooms: 0Bathroom Information
Total Baths: 16 Full Baths: 0 Half Baths: 0 -
Interior Features
Property Appliances: Dishwasher,Refrigerator -
Heating Source
Floor Furnace Has Heating
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Building Information
Year Built: 1911 Building Area Total: 8,062 -
Security Features
Resident Manager -
Laundry Features
Common Area
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1561 Lot Size Dimensions: 50x135 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 6801
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Listing Price Information
Original List Price: 1,850,000 Listing Contract Date: 2026-02-19 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5054018012
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Garage and Parking
Garage Description: NoneHomeowners Association
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Rental Info
Lease Term: Negotiable Tenant Pays: Cable TV,Electricity,Gas
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Other Property Info
Source Listing Status: Active Source Neighborhood: C16 - Mid Los Angeles Directions: South of the 10 Freeway, East of Normandie Ave., North Of West Adams Blvd. Zoning: LAR2 Source Property Type: Residential Income Area: C16 - Mid Los Angeles -
Building and Construction
Property Age: 115 Year Built Source: Vendor Enhanced Total Square Feet Living: 8062 Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 225 W Adams Boulevard, Los Angeles, CA, 90007 | $1,775,000 | -- | -- | 8,540 | 8,540 SqFt |
| 1938 Bonsallo Avenue, Los Angeles, CA, 90007 | $1,129,000 | -- | -- | 5,964 | 5,964 SqFt |
| 1978 Bonsallo Avenue, Los Angeles, CA, 90007 | $1,599,800 | 7 | -- | 3,456 | 3,456 SqFt |
| 2119 S Union Avenue, Los Angeles, CA, 90007 | $1,525,000 | 15 | -- | 6,671 | 6,671 SqFt |
| 1017 W 24th Street, Los Angeles, CA, 90007 | $1,220,000 | 4 | -- | 3,104 | 3,104 SqFt |
| 1016 W 24th, Los Angeles, CA, 90007 | $1,800,000 | -- | -- | 8,563 | 8,563 SqFt |
| 721 W 30th Street, Los Angeles, CA, 90007 | $7,100,000 | 25 | -- | 12,928 | 12,928 SqFt |
| 716 W 30th Street, Los Angeles, CA, 90007 | $2,988,888 | 15 | -- | 5,615 | 5,615 SqFt |
| 2623 Ellendale Place, Los Angeles, CA, 90007 | $8,500,000 | 28 | -- | 17,099 | 17,099 SqFt |
| 1543 W 22nd Place, Los Angeles, CA, 90007 | $849,000 | -- | -- | 3,168 | 3,168 SqFt |
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ByOwner last updated this listing 06/17/2026 @ 00:28
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