4307 S Budlong Avenue
4307 S Budlong Avenue
4307 S Budlong Avenue
4307 S Budlong Avenue
4307 S Budlong Avenue
4307 S Budlong Avenue
4307 S Budlong Avenue
4307 S Budlong Avenue
4307 S Budlong Avenue
4307 S Budlong Avenue
4307 S Budlong Avenue
4307 S Budlong Avenue
4307 S Budlong Avenue
4307 S Budlong Avenue
4307 S Budlong Avenue
4307 S Budlong Avenue
4307 S Budlong Avenue
4307 S Budlong Avenue
4307 S Budlong Avenue
4307 S Budlong Avenue
4307 S Budlong Avenue
4307 S Budlong Avenue
4307 S Budlong Avenue
4307 S Budlong Avenue
4307 S Budlong Avenue
4307 S Budlong Avenue
4307 S Budlong Avenue
4307 S Budlong Avenue
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$1,148,888

4307 S Budlong Avenue

2,486 Sq.Ft.

Description

CASH COW PROPERTY!!!! $110,400 Gross Income. CAP Rate is 8.38!! This REMODELED property is located close to USC. Property contains 1,662 sq ft front house (4 beds + 3 baths) with a bonus den (not included in the square footage) & 824 sq ft back unit (3 beds + 2 baths). All upgrades throughout the property have been done with permits & approved by Building & Safety Dept. The following have been done recently: new plumbing and newer roof (GREAT BONES), new laminate flooring, recessed lighting and shutters. Also, remodeled kitchen with new cabinets, granite counters and stainless-steel appliances. BIG ROOMS and OPEN LAYOUT are ideal for USC STUDENT RENTALS. Includes large living and dining room with tons of natural light throughout. High end feel maximizes great room rental prices. Separate washroom, back patio and lots of parking make this an ideal USC student rental. Back house was built in 2019 and has a 10 year warranty. LOCATION is near USC, the Coliseum, Expo Park, Science Center, Natural History Museum, the Banc of Ca Stadium (home to the LAFC) as well as the $1 Billion George Lucas Museum of Narrative Art and much more. Also near LA Live, and is the center of all happenings in LA, downtown, Hollywood, the beach/Venice, making it hot for young professionals who want to enjoy the city life and convenience while enjoying very friendly rent comparing to Hollywood or Venice or Downtown. Previously rented to students at $1,300 per Master Suite (3) $900 for sun room (1) and $1,100 for other rooms (4). Property will be delivered vacant.

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Location

4307 S Budlong Avenue, Los Angeles, CA 90037

Status

Sold
Peter Kinnaird

Peter Kinnaird

Property Amenities

Interior
Laundry room Gas Dryer Hookup, Laundry Room
Other Interior Features Multiple Master Suites
Area & Lot
Lot Area 0.15 Acres
Living area 2,486 Sq.Ft.
MLS® ID DW21118263
Year Built 1924
Type MULTI_FAMILY
Status Sold
Exterior
Stories 1
Pool None
Air conditioning Wall/Window Unit(s)
Heat type Central
Water Source Public
Sewer Public Sewer
Lot Features Back Yard, Lawn, Level, Yard
Finance
Sales Price $1,148,888

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