Millman Team Real Estate

$1,399,980
14 Bed
8 Bath
7,318 Sqft
0.18 Acre Lot

2717 S Budlong Avenue, Los Angeles, California 90007

  • Residential Income Property Type
  • 7,318 Sqft Square Footage
  • Assigned Cars Garage
  • 1931 Year Built
Property Description

Exceptional 8-Unit Value-Add Opportunity in Prime USC Secure Zone! Located directly across from Richardson Family Park, this rare multifamily offering presents tremendous upside with over 80% rental growth potential. At pro-forma rents, the property achieves a double-digit cap rate exceeding 10%, making it one of the most attractive investment opportunities in the USC area.The property features a highly desirable unit mix of six 2BR/1BA units and two 1BR/1BA units, with an impressive average unit size of 822 SF. Situated on a 7,715 SF lot, the building includes 8 on-site parking spaces and is separately metered for gas and electricity, ensuring low operating expenses. Additionally, the electrical service panel has been recently upgraded, further reducing future capital needs. With its unbeatable location in the USC Secure Zone and proximity to USC campus, BMO Stadium, the new Lucas Museum, Exposition Park, and an abundance of dining and entertainment options, this property is a prime investment poised for immediate and long-term growth.

Basic Details
Residential Income
For Sale
25585055
$1,399,980
14
8
7,318 Sqft
1931
0.18 Acre
Active
Features
: Wall Furnace
: Wall/Window Unit(s)
: Assigned
$0
Address Map
CA
Los Angeles
Los Angeles
90007
Budlong
2717
Avenue
East of Normandie, West of Vermont
C16 - Mid Los Angeles
S
LAR3
Additional Information
$0
$0
$0
$0
$0
7318
: Two
58x134
8
2025-08-29
2
2
Broker/Agent Information
Keller Williams Larchmont
Vinnie Park
Listing Information
CLW-C125350
CLW-X74850
Active
2025-09-08T22:33:57Z
CRMLS
: Standard
2025-08-29T00:00:00Z
Agent info
Ray Millman
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