2717 S Budlong Ave, Los Angeles, CA 90007
2717 S Budlong Ave, Los Angeles, CA 90007
2717 S Budlong Ave, Los Angeles, CA 90007
10
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$1,250,000
Est. payment /mo
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14 Beds
8 Baths
7,318 SqFt
New

2717 S Budlong Ave Los Angeles, CA 90007

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Nick Arace

Nick Arace

+1(702) 743-2720

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,318 sqft

Price per Sqft $170

MLS Listing ID 26996775

Style Spanish

Bedrooms 14

Year Built 1931

Lot Size 7,775 Sqft

Property Sub-Type Multi-Family

Property Description

2717 S. Budlong Ave is an 8-unit property in University Park, offered at $1,250,000 with approx. 74% rental upside. Built in 1931, the property totals approx. 7,318 SF on a 7,775 SF lot and includes (6) 2-bdrm./1-bath units and (2) 1-bdrm./1-bath units. At $156,250 per unit and $171 per SF, the property is positioned at a relatively accessible basis for an 8-unit building this close to USC and Exposition Park.The two-story building has the character of a vintage Spanish-style property, with a landscaped street presence, mature greenery, distinctive architectural details, and 8 on-site parking spaces at the rear. Six of the eight units are 2-bdrm. apartments, giving the property a unit mix that can work well for roommates, students, or young families. Current monthly income totals approx. $9,569, compared with projected market income of approx. $16,610 per month. That difference supports approx. 74% rental upside, with projected market performance of a 10.42% CAP and 6.27 GRM. Located directly across from Elinor and Don Richardson Family Park, 2717 S. Budlong sits in a residential pocket of University Park just over a mile from USC, USC Village, and Exposition Park. USC, USC Village, and Exposition Park are all approx. 1.1 miles away, placing campus employment, dining, retail, museums, sports, and major cultural destinations within a compact radius. Exposition Park includes the Natural History Museum, California Science Center, LA Memorial Coliseum, BMO Stadium, and the Lucas Museum of Narrative Art, while USC and USC Village bring year-round student, faculty, employment, and neighborhood activity to the surrounding area. 2717 S. Budlong Ave brings together a predominantly 2-bdrm. unit mix, substantial rental upside, and a location closely tied to both USC and Exposition Park. With current rents well below the market rents shown in the property's underwriting, there is also a clear path for income to grow over time.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Built-Ins, Range/Oven

Laundry Community

Exterior

Parking Features Uncovered

Garage Spaces 8.0

View Y/N No

View None

Building

Story 2

Architectural Style Spanish

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass

NEARBY SCHOOL & BUSINESS

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Nick Arace

Nick Arace

Agent RE.S.0188645

+1(702) 743-2720

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2717 S Budlong Ave