For Sale
$2,175,000

2639 Budlong Ave Los Angeles, CA 90007

Added:
Dec 11, 2024
Days on market:
135

Highlights

  • 14-bedroom investment opportunity near USC in a desirable location.
  • Completely remodeled with new hardwood floors, stainless steel appliances, quartz countertops, and tiled showers.
  • Two-story, wood-frame stucco buildings totaling 4,400 sq ft (plus 550 sq ft attic loft) on an 8,100 sq ft lot, zoned LARD1.5.
  • Consists of a 9-bedroom, 5-bathroom SFR (approx. 3,200 sq ft) and a 5-bedroom, 4-bathroom SFR (approx. 1,200 sq ft).
  • Front house has approved plans for additional bedrooms/bathrooms.
  • Rear house (5 bed/4 bath) is 100% occupied by USC students for the 2024-2025 school year; 8.5% cap rate.

Property Details for 2639 Budlong Ave

Property type
Dormitories, Student housing
Square Feet
4,400 SF
Year Built/Renovated
1905/2021
Buildings
2
Stories
2

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0315559
Longitude
-118.2961841

FAQs

Where is the dormitory located?
The property is located at 2639 Budlong Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,175,000.
What are key features of this property?
This property features: 14-bedroom investment opportunity near USC in a desirable location.; Completely remodeled with new hardwood floors, stainless steel appliances, quartz countertops, and tiled showers.; Two-story, wood-frame stucco buildings totaling 4,400 sq ft (plus 550 sq ft attic loft) on an 8,100 sq ft lot, zoned LARD1.5.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2639 Budlong Ave
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