2327 S Budlong Avenue, Los Angeles, CA 90007

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
2327 S Budlong Avenue,Los Angeles, CA 90007
$1,850,000
  • - Beds
  • 16 Baths
  • 8,062 sq. ft.
  • Multi-family
  • Active
Listed by: billy rojas
Office: ashby & graff310-856-9153
MLS#:26653611
Source:CRMLS

Price summary

  • Price:$1,850,000
  • Price per sq. ft.:$229.47

About this home

RENTAL INCOME: $187,968.00 per year / $15,664.00 per month. Excellent opportunity to acquire a 16-unit apartment building in the West Adams district of Los Angeles by USC at a $115,625.00 cost per unit and $229.47 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...

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Home facts

  • Year built:1911
  • Listing ID #:26653611
  • Added:254 day(s) ago
  • Updated:October 31, 2026 at 03:11 PM

Rooms and interior

  • Total bathrooms:16
  • Kitchen Description:Dishwasher, Refrigerator
  • 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
  • Lot Features:Corners Marked
  • Levels:2 Story

Finances and disclosures

  • Price:$1,850,000
  • Price per sq. ft.:$229.47

Features and amenities

  • Appliances:Dishwasher
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