Active

2717 S Budlong Avenue

Los Angeles, CA 90007
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Bed 14

Bed

Bath 0

Bath

SqFt7,318

Sqft

SqFt7,775

Sqft(Lot)

Exceptional 8-Unit Value-Add Opportunity in Prime USC Secure Zone! Located directly across from Richardson Family Park, this rare multifamily offering presents tremendous upside with over 80% rental growth potential. At pro-forma rents, the property achieves a double-digit cap rate exceeding 10%, making it one of the most attractive investment opportunities in the USC area.The property features a highly desirable unit mix of six 2BR/1BA units and two 1BR/1BA units, with an impressive average unit size of 822 SF. Situated on a 7,715 SF lot, the building includes 8 on-site parking spaces and is separately metered for gas and electricity, ensuring low operating expenses. Additionally, the electrical service panel has been recently upgraded, further reducing future capital needs. With its unbe atable location in the USC Secure Zone and proximity to USC campus, BMO Stadium, the new Lucas Museum, Exposition Park, and an abundance of dining and entertainment options, this property is a prime investment poised for immediate and long-term growth.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,325,000

AD Id : 84811575

MLS Id : 26847255

Beds : 14

Lot Size : 7,775 Sqft

Living Area Size : 7,318

Year Built : 1931

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 14

    Bathroom Information

    Total Baths: 8 Full Baths: 0 Half Baths: 0
  • Interior Features

    Property Appliances: Refrigerator
  • Heating Source

    Wall Furnace Has Heating

  • Building Information

    Year Built: 1931 Building Area Total: 7,318

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1785 Lot Size Dimensions: 58x134
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 7775

  • Listing Price Information

    Original List Price: 1,325,000 Listing Contract Date: 2026-06-13
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 5054015017

  • Garage and Parking

    Garage Description: Assigned

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C16 - Mid Los Angeles Directions: East of Normandie, West of Vermont Zoning: LAR3 Source Property Type: Residential Income Area: C16 - Mid Los Angeles
  • Building and Construction

    Property Age: 95 Year Built Source: Vendor Enhanced Total Square Feet Living: 7318 Levels or Stories: Two Building Total Stories: 2
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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
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
1431 W 24th Street, Los Angeles, CA, 90007 $1,575,000 16 -- 4,320 4,320 SqFt

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ByOwner last updated this listing 06/16/2026 @ 19:49

MLS: 26847255 LISTED BY: Vinnie Park, Keller Williams Larchmont 323-762-2600 SOURCE: CRMLS

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