2143 Portland Street, Los Angeles
$2,390,000 - 12 Beds, 10 Baths, 4,761 SfMLS® # 24382397
Adam Shamooelian Keller Williams Beverly Hills
3023 Budlong Avenue, Los Angeles
$2,425,000
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12 Beds
8 Baths
4,680 Sqft
.15 Acre
0 Garage
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.
Essential Information
- MLS® #
- 24367617
- Price
- $2,425,000
- Bedrooms
- 12
- Bathrooms
- 8.00
- Square Footage
- 4,680
- Acres
- 0.15
- Year Built
- 1913
- Type
- Residential Income
- Status
- Active
Community Information
- Address
- 3023 Budlong Avenue
- Area
- C16 - Mid Los Angeles
- City
- Los Angeles
- County
- Los Angeles
- Zip Code
- 90007
- Community Features
- Gated
- Senior Community
- N
Amenities
- Parking Spaces
- 6
- View
- City Lights
Parking
Driveway, Community Structure, Controlled Entrance, Uncovered
Garages
Driveway, Community Structure, Controlled Entrance, Uncovered
Interior
- Heating
- Wall Furnace
- Cooling
- None
- # of Stories
- 2
- Stories
- Two
Additional Information
- Date Listed
- March 11th, 2024
- Days on Market
- 68
- Zoning
- LAR2
Listing Details
- Agent
- Michael R. Fukushima
- Office
- Keller Williams Downtown LA
Property History
Price Reduced from $2,575,000 to $2,425,000
LISTING MAP
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Buyer's Agent
Listing Agent
Michael R. Fukushima - Keller Williams Downtown LABased on information from California Regional Multiple Listing Service, Inc. as of May 18th, 2024 at 10:42am PDT. 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.