Listing provided courtesy of Michael R. Fukushima of Keller Williams Downtown LA. Last updated 2024-05-20 08:11:32.000000. Listing information © 2023 CRMLS.
Asking Price: $2,425,000
3023 Budlong, Los Angeles CA 90007
Community: C16 - Mid Los Angeles
Status: Active
This property was built in 1913 and is priced at $2,425,000. Please see the additional details below.
USC Student housing investment opportunity! 6.5% CAP rate and 11.78 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.
