3023 S Budlong Avenue
Los Angeles, CA 90007
4680 sqft | 16 beds | 0.15 acres | #24456327
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.
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- ViewCityLights
- Original List Price$2,200,000
- MLS #24456327
- MLS #24456327
- Cost2200000
- Acres0.1541
- Sewer InformationOther
- Square Feet4680
- Year Built1913
- Bedrooms16
- Stories2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Michael R. Fukushima (#CLW-X88678)
Listing Office: Keller Williams Realty Downey (#CLW-X81596)
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