$10,000

closing credit¹

3023 S Budlong Ave Los Angeles, CA 90007

$2,200,000
16 beds
11 baths
4,680 sqft
0.2 acres
$470 / sqft
House

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

Home typeOther
HeatingWall Furnace
StatusActive
Size4,680 sqft
Lot size0.1541 Acres
Year built1913
ParkingControlled Entrance, Driveway, Community Structure, Uncovered
MLS #24456327
ViewCity Lights

Summary

  • MLS Number: 24456327
  • MLS Name: CRMLS
  • Office Name: Keller Williams Realty Downey
  • Office Phone: (562) 334-1500
  • Listing Agent: Michael R. Fukushima

IDX 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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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view of front of home featuring a front yard and a porch

$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

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

52%
<35k
40%
35k-100k
2%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

41%
Single, No Kids
23%
Single, with Kids
10%
Married, No Kids
26%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
10%
12-17 yrs old
32%
18-34 yrs old
34%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • BurlingtonBurlington
  • H&MH&M

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • White CastleWhite Castle
  • Boston MarketBoston Market

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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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.

From Rocket Homes Real Estate and based on county public records data.

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