3023 S Budlong AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90007
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,680 sqft
Price per Sqft $470
MLS Listing ID 24456327
Bedrooms 16
Construction Status Additions/Alterations,Updated/Remodeled
HOA Y/N No
Year Built 1913
Lot Size 6,712 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 C16 - Mid Los Angeles
Zoning LAR2
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Garage Controlled Entrance,Driveway,Community Structure,Uncovered
Community Features Gated
View Y/N Yes
View City Lights
Parking Type Controlled Entrance,Driveway,Community Structure,Uncovered
Total Parking Spaces 6
Building
Faces East
Story 2
Entry Level Two
Sewer Other
Level or Stories Two
New Construction No
Construction Status Additions/Alterations,Updated/Remodeled
Others
Senior Community No
Tax ID 5040023022
Security Features Gated Community
Special Listing Condition Standard