FOR SALE
3023 S Budlong Ave
Los Angeles, CA 90007
Adams-Normandie
16 Beds
11 Baths
4,680 sqft
- 16 Beds
- 11 Baths
- 4,680 sqft
16 Beds
11 Baths
4,680 sqft
Local Information
© Google
-- mins to
Commute Destination
Description
USC Student housing investment opportunity! 6.1% CAP rate and 12.44 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.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$550
Listed
48 days ago
Home Details for 3023 S Budlong Ave
Interior Features |
|---|
Beds & Baths Number of Bedrooms: 16Number of Bathrooms: 11 |
Dimensions and Layout Living Area: 4680 Square Feet |
Appliances & Utilities Appliances: Gas Water Heater, Tankless Water Heater, Water Heater UnitLaundry: Laundry Area |
Heating & Cooling Heating: WallNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
View Has a ViewView: City |
Security Security: Gated |
Exterior Features |
|---|
Exterior Home Features Other Structures: None |
Parking & Garage Open Parking Spaces: 6No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 6Parking: Community Structure,Secured,Driveway,Open |
Frontage Waterfront: NoneNot on Waterfront |
Water & Sewer Sewer: In Street |
Days on Market |
|---|
Days on Market: 48 |
Property Information |
|---|
Year Built Year Built: 1913 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building No Additional Parcels |
Property Information Condition: Updated/Remodeled, Additions/Alter |
Price & Status |
|---|
Price List Price: $2,575,000Price Per Sqft: $550 |
Active Status |
|---|
MLS Status: Active |
Location |
|---|
Direction & Address City: Los Angeles |
Agent Information |
|---|
Listing Agent Listing ID: 24-367617 |
Building |
|---|
Building Area Building Area: 4680 Square Feet |
Lot Information |
|---|
Lot Area: 6712.596 sqft |
Listing Info |
|---|
Special Conditions: Standard |
Compensation |
|---|
Buyer Agency Commission: 2Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
|---|
Expense Tenant Pays: Gas, Electricity |
Rental |
|---|
Owner Pays: Grounds Care, WaterHas Rent Control |
Miscellaneous |
|---|
Mls Number: 24-367617 |
Additional Information |
|---|
HOA Amenities: None |
Last check for updates: 1 day ago
Listing courtesy of Michael R. Fukushima DRE # 01380445, (818) 321-6490
Keller Williams Downtown LA, (213) 797-7000
Stephen F. Watson DRE # 01187813, (213) 446-3636
Keller Williams Downtown LA, (213) 797-7000
Source: CLAW, MLS#24-367617
Price History for 3023 S Budlong Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 03/12/2024 | $2,575,000 | Listed For Sale | CLAW #24-367617 |
| 10/06/2017 | $1,476,000 | Sold | CLAW #17249056 |
| 08/16/2017 | $1,525,000 | Pending | Agent Provided |
| 07/07/2017 | $1,525,000 | Listed For Sale | Agent Provided |
| 10/17/2012 | $975,000 | ListingRemoved | Agent Provided |
| 07/07/2012 | $975,000 | PriceChange | Agent Provided |
| 05/02/2012 | $998,500 | Listed For Sale | Agent Provided |
| 08/30/2010 | $650,000 | Sold | N/A |
| 07/10/2009 | $500,000 | Sold | N/A |
| 07/28/2006 | $1,000,000 | Sold | N/A |
Similar Homes You May Like
Skip to last item
Berkshire Hathaway HomeServices California Properties- 0.32 ACRESZachary Freehling DRE # 01879326, Skylight Real Estate Advisors, Inc.
- NEW CONSTRUCTIONCentury 21 A Better Service
- Aram Afshar DRE # 01484569, Coldwell Banker Realty
- Sean Rosenzweig DRE # 01406343, Marcus & Millichap
- Derrick Vartanian DRE # 01816119, Lyon Stahl Investment Real Estate, Inc.
- FORECLOSURECasey Lins DRE # 01902650, Kidder Mathews of California, Inc.
See more homes for sale inLos AngelesTake a look
Skip to first item
New Listings near 3023 S Budlong Ave
Skip to last item
- OPEN TUE, 11-2PMLorin Ruttenberg DRE # 01309588, Compass
- NEW - 2 DAYS AGOAmit Lalji DRE # 01963506, Keller Williams Beverly Hills
- OPEN SUN, 2-4PMSilke Fernald DRE # 01943657, ACME Real Estate
- OPEN TUE, 11-2PMSamira Tapia DRE # 02008942, Compass
- Sheri Bienstock DRE # 01746994, The Bienstock Group
- OPEN TUE, 11-2PMBruce Walker DRE # 00981766, Rodeo Realty
- OPEN TUE, 12-2PM0.33 ACRESBrad Keyes DRE # 01857106, Keyes Real Estate
- OPEN SUN, 2-4PMCourtney Pickard DRE # 01948903, Compass
- Michelle Hicks DRE # 00982200, R. Hicks Realty
- See more homes for sale inLos AngelesTake a look
Skip to first item
Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $20,030 |
| Assessment | $1,614,218 |
Home facts updated by county records
Comparable Sales for 3023 S Budlong Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.38 | Multi-Family Home | $1,800,000 | 07/26/23 | 12 | 7 | 5,556 | |
0.23 | Multi-Family Home | $1,215,000 | 07/07/23 | 8 | 4 | 4,124 | |
0.43 | Multi-Family Home | $1,350,000 | 05/02/23 | 8 | 6 | 5,711 | |
0.28 | Multi-Family Home | $1,130,000 | 01/23/24 | 10 | 4 | 3,124 | |
0.42 | Multi-Family Home | $2,500,000 | 05/03/23 | 12 | 12 | 7,012 | |
0.35 | Multi-Family Home | $3,420,000 | 10/03/23 | 12 | 18 | 6,989 | |
0.24 | Multi-Family Home | $935,000 | 06/07/23 | 8 | 4 | 3,254 | |
0.27 | Multi-Family Home | $1,400,000 | 08/17/23 | 6 | 5 | 2,712 | |
0.61 | Multi-Family Home | $1,250,000 | 09/21/23 | 8 | 6 | 4,208 | |
0.39 | Multi-Family Home | $1,550,000 | 06/26/23 | 6 | 4 | 3,404 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Adams-Normandie
- Trulia User
- Resident
- 1y ago
"Halloween is always fun in the neighborhood. And being at such proximity of USC we have a good selection of grocery stores and small markets."
- Trulia User
- Resident
- 1y ago
"Friendly environment and kind people Perfect foe mornings walks whit shops around "
- Trulia User
- Resident
- 3y ago
"People are not neighborly and dog owners don’t pick up after their dogs. Parking is a nightmare, too many abandoned vehicles and selfish people taking up two spaces or jogging parking spots. Neighborhood is not safe. "
- Trulia User
- Resident
- 3y ago
"The whole neighborhood has friendly, caring neighbors. It also feels safe, and USC patrols for students which benefits everyone. "
- Y. Bay
- Resident
- 3y ago
"I’ve lived in this neighborhood for 10 years and in recent years crime has risen, and to top off in the last month certain people taking over the streets ( Budlong Ave) parking their cars to hang around to smoke and drink. "
- Cbscervantes
- Resident
- 3y ago
"There aren’t too many community events here. But USC is nearby so there’s always all the school events like Festival of Books. "
- Kelsey P.
- Resident
- 3y ago
"A lot of gun shots and a lot of robberies. Prepare for mayhem. There are lots of accidents around this area, as well. Secure your packages. Thieves are ruthless here and don’t care if they’re on camera. "
- Gary S.
- Resident
- 3y ago
"community is dog friendly and everyone's responsible for their pets. There's also a big enough park to take dogs for a walk."
- Sandra R.
- Resident
- 4y ago
"There a lot of families in this area. Park nearby. However, if you don’t have parking in your house, people tend to double park and won’t move their car for anyone else. Some even have their car double parked for a whole day. It’s ridiculous because when you have parties, there’s never parking near by. But, other than that, it’s calm and most of the time peaceful. "
- Trulia User
- Visitor
- 4y ago
"Parking is terrible over here, however neighborhood is kept pretty clean. Streets are also really dark at night. "
- Trulia User
- Resident
- 4y ago
"Every 4th of July they block off streets between 29th & Jefferson on Brighton Ave for a block party."
- Cheryl O.
- Visitor
- 4y ago
"it's okay. kinda quiet. it's close to eatery's and public transportation. close to downtown. overall it's a okay neighborhood"
- GrandMary
- Resident
- 4y ago
"Local neighborhoods patrolled by USC Security in cars and by foot. Nice schools and friendly, caring neighbors. "
- Lily R.
- Resident
- 4y ago
"Blocks away from USC, lots of stuff to do like Expo Park, Museums, Stadium, shops. Finding parking is difficult. Dog owners need to clean up after their dogs!"
- Julie H.
- Resident
- 5y ago
"I often see people walk their dogs around the neighborhood. I also see people walk their dogs in the park nearby."
- Anidene2004
- Resident
- 5y ago
"The neighborhood is quiet, neighbors are quiet and keep to themselves. It’s close downtown. But the freeway dust and the noise is constant. "
- Jaekyeun H.
- Resident
- 6y ago
" No merit. I live here only to save time to get to my company. So noisy, som many theif.. and so many beggar here.."
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Michael R. Fukushima, Keller Williams Downtown LA
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
3023 S Budlong Ave, Los Angeles, CA 90007 is a 16 bedroom, 11 bathroom, 4,680 sqft multi-family built in 1913. 3023 S Budlong Ave is located in Adams-Normandie, Los Angeles. This property is currently available for sale and was listed by CLAW on Mar 12, 2024. The MLS # for this home is MLS# 24-367617.