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2717 S Budlong Ave
Los Angeles, CA 90007 West Adams

$1,349,800 USD

Apartments For Sale • 7,314 SF

Property Details

Property Type Apartments
Total Building Size 7,318 SF
Lot Size 0.18 AC
Building Class C
Year Built 1931
Zoning LAR3

80 Transit Score

80 Walk Score

                
                    Highlights
                
                                Prime USC Secure Zone location directly across from Richardson Family Park and minutes from USC and major attractions.
                            
                                Exceptional value-add opportunity with over 80% rental upside and pro-forma cap rate exceeding 10%.
                            
                                Desirable unit mix featuring six 2BR/1BA units and two 1BR/1BA units with ~822 SF average size.
                            
                                Strong current income with $114,228 GOI and $70,055 NOI.
                            
                                Spacious 7,715 SF lot with 8 on-site parking spaces.
                            
                                Separately metered gas and electricity help keep operating expenses low.

Amenities

24 Hour Access
Air Conditioning
Controlled Access
Trash Pickup - Curbside
Kitchen
Oven
Range
Tub/Shower
Basement

Public Transportation

Commuter Rail	Drive	Walk	Distance
	10 min	-	4.8 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	12 min	-	5.1 mi
Airport	Drive	Walk	Distance
Los Angeles International	23 min	-	12.4 mi
Bob Hope	29 min	-	14.6 mi
Long Beach (Daugherty Field)	31 min	-	21.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Vinnie Park 213-332-9045 PropertyWork

2717 S Budlong Ave Los Angeles, CA 90007 West Adams