Active

3944 S Budlong Avenue

Los Angeles, CA 90037
Mark as Favorite
Bed 12

Bed

Bath 0

Bath

SqFt5,445

Sqft

SqFt6,941

Sqft(Lot)

3944 South Budlong is being sold in conjunction with 1135 Leighton Avenue. Both properties must be sold together. The properties are an eight-unit multifamily investment opportunity located in the Exposition Park neighborhood of Los Angeles. Constructed in 2019, the property comprises approximately 10,887 square feet of rentable building area, situated on two parcels totaling 13,776 square feet, zoned RD1.5-1-CPIO. Notably, the property is situated within a federally designated Qualified Opportunity Zone (QOZ), which may provide meaningful tax advantages for eligible investors providing long-term operational flexibility and investment stability in a highly desirable Los Angeles submarket.The property features eight well-designed three-bedroom, three-bathroom apartment units, offering spa cious layouts tailored to modern renter demand. Each unit is individually metered for gas and electricity and includes a tankless water heater, providing operational efficiency and cost control. Ownership benefits from minimal utility obligations, as tenants are responsible for water, trash, gas, and electricity expenses. The property is subject to the Los Angeles Rent Stabilization Ordinance (LARSO).Strategically located in Exposition Park, one of Los Angeles' most culturally significant and supply-constrained neighborhoods, the property benefits from strong tenant demand driven by the area's academic, cultural, and employment anchors. Residents enjoy proximity to the University of Southern California (USC), the California Science Center, the renowned museums of Exposition Park, and BMO Stadium, as well as the vibrant USC Village retail and dining corridor.The location offers excellent regional connectivity with convenient access to Downtown Los Angeles, major employment centers, and key transportation corridors, including the I-110 and I- 10 freeways, along with the Metro E Line, providing direct light rail access across the Westside and Downtown. This combination of quality construction, prime location, and strong underlying fundamentals presents investors with a compelling long-term hold opportunity in one of Southern California's most dynamic and evolving multifamily markets. For more information please review the OM in the DOCS section.

Read More Expand

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,197,500

AD Id : 76236298

MLS Id : 26665109

Beds : 12

Lot Size : 6,941 Sqft

Living Area Size : 5,445

Year Built : 2019

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 12

    Bathroom Information

    Total Baths: 12

    Flooring Information

    Laminate
  • Interior Features

    Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 2019
    Building Area Total: 5445
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 6941 Lot Size Acres: 0.1593 Lot Size Square Feet: 6,941

  • Listing Price Information

    Listing Price: $2197500

  • Tax Information

    Parcel Number: 5037021026

  • Parking Information

    Parking Total: 8

  • Location Information

    Direction: Located on South Budlong Ave between w 39th Pl and Leighton Ave.
Sell a home like this and save $131,351 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
158 W Martin Luther Kin.., Los Angeles, CA, 90037 $1,049,000 -- -- 3,723 3,723 SqFt
136 W 43rd Place, Los Angeles, CA, 90037 $729,900 3 2 1,080 1,080 SqFt
160 W 48th, Los Angeles, CA, 90037 $689,900 3 3 1,152 1,152 SqFt
336 W 45th Street, Los Angeles, CA, 90037 $930,000 5 3 1,728 1,728 SqFt
142 W 58th Street, Los Angeles, CA, 90037 $485,000 2 1 964 964 SqFt
4305 S Flower Street, Los Angeles, CA, 90037 $780,000 4 2 1,890 1,890 SqFt
4313 S Flower Street, Los Angeles, CA, 90037 $695,000 3 1 1,344 1,344 SqFt
4260 S Figueroa Street, Los Angeles, CA, 90037 $1,100,000 4 4 4,516 4,516 SqFt
602 W 40th Place, Los Angeles, CA, 90037 $1,600,000 10 5 3,692 3,692 SqFt
324 W 51st St, Los Angeles, CA, 90037 $1,900,000 -- -- 5,193 5,193 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/11/2026 @ 10:33

MLS: 26665109 LISTED BY: John Swartz, Compass 310-230-5478 SOURCE: CRMLS

Homes around $2,197,500

Selling? Save $131,351 when you sell a home like this

Tour with a ByOwner Agent