3620 S Budlong Avenue, Los Angeles, CA 90007
- $2,500,000
- List Price
- $2,500,000
- Status
- ACTIVE
- MLS#
- P1-26637
- Year Built
- 1956
- Lot Size
- 9,652
- Acres
- 0.22
- Days on Market
- 114
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
- Neighborhood
- Not Applicable
Property Description
5-units residential income property located two blocks away from USC West gate, within the University's 24 hours DPS patrol zone. All units are consists of 3 beds, 1 bath. 3 units have been remodeled, all units are equipped with in-unit laundry hookups, window unit air conditioners, and laminate wood flooring. Subject property is security gated, it has a huge lot and plenty of parking spaces. Current income is below threshold with upside potentials and possibilities to add multiple ADU's or rebuild as a much larger apartment complex. Buyer to verify with the City for all building and zoning requirements.
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Additional Information
- Appliances
- Free-Standing Range, Refrigerator, Water Heater, Dryer, Washer
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Exterior Construction
- Drywall
- Sewer
- Public Sewer, Sewer Tap Paid
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $133,800
- Operating Expense
- 37464
Listing courtesy of Listing Agent: Josephine Yang (josephineyangrealestate@gmail.com) from Listing Office: Coldwell Banker Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.