Amalia Ochoa, Listing Office: The Proud Crowd Inc.
$10,000
closing credit¹
3023 S Budlong Ave Los Angeles, CA 90007
Property details
About 3023 S Budlong Ave
USC Student housing investment opportunity! 6.6% CAP rate and 10.6 GRM! All current tenants are students at USC! Property is located within short walking distance to the University of Southern California. The property is located within the USC Department of Public Safety Patrol Zone and the USC Lyft Ride Safe program. The property has a total of 16 Bedrooms and 11 Bathrooms in 4 separate units. One - 5 Bed+4 Bath unit, two - 4 bed+3 bath units, and one - 3 Bed+1 Bath unit. The building is 4,680 Sq. Ft. and sits on a 6,708 Sq. Ft. lot zoned LAR2. There are 6 on-site parking spaces. Potential to add ADU on the lot. *Buyer to verify all information* Please do not disturb tenants, drive by only.
Highlights
Summary
- MLS Number: 24456327
- MLS Name: CRMLS
- Office Name: Keller Williams Realty Downey
- Office Phone: (562) 334-1500
- Listing Agent: Michael R. Fukushima
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
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Last updated on: 1/30/2025, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,200,000
3023 S Budlong Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 06, 2017 | Home Sold | $1,476,000 |
Aug 30, 2010 | Home Sold | $650,000 |
Jul 10, 2009 | Home Sold | $500,000 |
Jul 28, 2006 | Home Sold | $1,000,000 |
Aug 25, 1964 | Home Sold | $40,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,646,501 | $20,418 |
2023 | $1,614,218 | $20,030 |
2022 | $1,582,568 | $19,110 |
2021 | $1,551,538 | $18,860 |
2020 | $1,535,630 | $18,300 |
2019 | $1,505,520 | $18,150 |
2018 | $1,476,000 | $9,057 |
2017 | $717,536 | $9,057 |
History based on county public records data.
Nearby schools
3
John W. Mack Elementary
Public District KG-5
0.2 mi
•3020 S Catalina St
3
STEM Preparatory Elementary School
Public Charter KG-5
0.2 mi
•1374 W 35th St
4
Lenicia B. Weemes Elementary
Public District PK-5
0.4 mi
•1260 W 36th Pl
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,611. Most Los Angeles, CA residents have annual incomes less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 3023 S Budlong Ave
This home is located at 3023 S Budlong Ave in Los Angeles, CA and zip code 90007 in the South LA neighborhood. This 4,680 square foot home, which was built in 1913, sits on a 0.15 acre lot. Features: 16 bedrooms, 11 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $2,200,000.
Over 524 listings were sold over their listed price in December 2024 in Los Angeles, CA. In the same period over 740 listings were sold below the listed price and 203 listings were sold for the listed price. In December 2024 in Los Angeles, CA there were 5.3% less homes for sale than in November. The median list price of listings available in December 2024 was $1,026,634, while the average time on the real estate market was 41 days.