2717 S Budlong Ave, Los Angeles, CA, 90007

USD 1,349,800
For Sale

Property Details

Bedrooms

14

Bathrooms

8

Property Type

Multi-Family

Description

Property Details: • Type: Multi-Family • Bedrooms: 14 • Bathrooms: 8 • Square Feet: 7318 • Lot/Size: 7,775 sqft lot

Description: Exceptional 8-Unit Value-Add Opportunity in Prime USC Secure Zone! Located directly across from Richardson Family Park, this rare multifamily offering presents tremendous upside with over 80% rental growth potential. At pro-forma rents, the property achieves a double-digit cap rate exceeding 10%, making it one of the most attractive investment opportunities in the USC area. The property features a highly desirable unit mix of six 2BR/1BA units and two 1BR/1BA units, with an impressive average unit size of 822 SF. Situated on a 7,715 SF lot, the building includes 8 on-site parking spaces and is separately metered for gas and electricity, ensuring low operating expenses. Additionally, the ele

Location

Address

2717 S Budlong Ave, Los Angeles, CA, 90007

City

Los Angeles

Features and Finishes

Year Built: 1931; [object Object]; [object Object]; [object Object]

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