2327 S Budlong Avenue, Los Angeles, CA 90007

Local realty services provided by:Better Homes and Gardens Real Estate Town Center
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2327 S Budlong Avenue,Los Angeles, CA 90007
$1,900,000
  • 16 Beds
  • 16 Baths
  • 8,062 sq. ft.
  • Multi-family
  • Active
Listed by:billy rojas
Office:ashby & graff
MLS#:25497021
Source:CRMLS

Price summary

  • Price:$1,900,000
  • Price per sq. ft.:$235.67

About this home

Excellent opportunity to acquire a 16-unit apartment building in the West Adams district of Los Angeles by USC at a $118,750.00 cost per unit and $235.00 cost per square foot. This 8,062 sq. ft. building resides on a 6,801 sq. ft. corner lot which consists of 16 very large studios each with their own separate kitchen area. The property is located one block south of the 10 Freeway on an excellent and quiet stretch of Budlong Ave. at 24th St. and surrounded by single family homes and smaller apartment buildings. The property retains an excellent on-site manager making this a low maintenance asset for savvy investors. The building is well maintained and all units are individually metered for gas and electric with onsite laundry that brings in approximately $425.00 of additional monthly income. This "bread and butter" building has tremendous upside potential and is perfect for the investor looking to add more units in a great area to their portfolio and an excellent opportunity for a 1031

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Home facts

  • Year built:1911
  • Listing Id #:25497021
  • Added:196 day(s) ago
  • Updated:August 27, 2025 at 10:33 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:16
  • Living area:8,062 sq. ft.

Heating and cooling

  • Heating:Floor Furnace

Structure and exterior

  • Year built:1911
  • Building area:8,062 sq. ft.
  • Lot area:0.16 Acres

Finances and disclosures

  • Price:$1,900,000
  • Price per sq. ft.:$235.67
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