3913 South Budlong Avenue

Los Angeles, CA 90037

$1,699,000
Price
6
Beds
5
Baths
3,690 Sq. Ft.
$460 / Sq. Ft.
3,690
Sq. Ft.
$460
per Sq. Ft.

Description

We are thrilled to introduce an exceptional value-added opportunity conveniently situated minutes to USC. Just a mere few blocks away from the heart of the University of Southern California's main University Park Campus, this property finds itself nestled within the USC-CSC and DPS security zone. Notably, this location is a highly sought-after neighborhood for student housing rentals. Comprising three distinct structures, the property boasts an array of options: Building 1 offers 4 Beds/2 Baths,...We are thrilled to introduce an exceptional value-added opportunity conveniently situated minutes to USC. Just a mere few blocks away from the heart of the University of Southern California's main University Park Campus, this property finds itself nestled within the USC-CSC and DPS security zone. Notably, this location is a highly sought-after neighborhood for student housing rentals. Comprising three distinct structures, the property boasts an array of options: Building 1 offers 4 Beds/2 Baths, Building 2 features 3 Bedrooms and 2 Baths, and Building 3 presents 1 Bedroom/1 Bath. Beyond its close proximity to the USC Campus, this property enjoys the added advantage of being within a stroll's reach of the Metro Expo Line, Exposition Park, The LA Coliseum, the LAFC Stadium, and the exciting new George Lucas Museum. Property is Zoned R3, with TOC: TIER 3 in the State Enterprise Zone.
  1. Listed by Dominic Kennedy • DRE #02083855 • Brokerage DRE #01720454 • Christie's AKG
  2. Listed by Kirby Gillon • DRE #01960253 • Brokerage DRE #01720454 • Christie's AKG

Property Details for 3913 South Budlong Avenue

Zoning
LAR3
Parcel Number
5037008018
Total Units
3.0
Living Area
3690
Source Living Area
Vendor Enhanced
Area
Los Angeles Southwest (C34)
Vacancy Rate
3
Lot Size Area
10432

Location

Listing Courtesy of Christie's AKG, Dominic Kennedy, DRE #02083855; Christie's AKG, Kirby Gillon, DRE #01960253
Add your commute
LISTING UPDATED: 02/15/2024 08:13 PM

Property Details for 3913 South Budlong Avenue

StatusActive
MLS #23-305245
Days on Market247
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1912
Lot Size0.24 AC / 10,432 SF
CountyLos Angeles County

Location

Listing Courtesy of Christie's AKG, Dominic Kennedy, DRE #02083855; Christie's AKG, Kirby Gillon, DRE #01960253
Add your commute

Building Information for 3913 South Budlong Avenue

Stories-Residences-Year Built1912Building Size-Lot Size0.24 AC / 10,432 SF

Payment Calculator

$10,968 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,272

Property Taxes

$1,696

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3913 South Budlong Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 3
  • Type Of Units: 3
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $115,200
  • Net Operating Income: $108,000.00
  • Gross Income: $115,200
  • Gross Rent Multiplier: $17.35
  • Total Annual Expense: 7200
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2395
  • Lot Size Square Feet: 10432
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 0
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: One
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Natural Gas
  • Heating Type: Natural Gas
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 08-29-2023
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,600.00
  • Unit Actual Rent: $4,600.00
  • Unit Projected Rent: $4,600.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,200.00
  • Unit Actual Rent: $3,200.00
  • Unit Projected Rent: $3,200.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,800.00
  • Unit Actual Rent: $1,800.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $219,616.00
  • Assessed Improvement Percent: 41.08
  • Assessed Land Value: $314,929.00
  • Assessed Land Percent: 58.92
  • Assessed Total Value: $534,545.00

Property History for 3913 South Budlong Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3913 South Budlong Avenue

Taxable ValueLand$1,020,000Additions$622,200Total$1,642,200
Tax Record2023$20,354 ($1,696 / month)
Home Facts
Total Finished SqFt3,690 SqFtAbove Grade Finished SqFt3,690 SqFtLot Size10,432 SqFtStyleTriplexYear Built1912ZoningLAR3CountyLOS ANGELESAPN5037-008-018

Schools near 3913 South Budlong Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 12
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Lenicia B. Weemes Elementary School
PublicK to 5

Foshay Learning Center
PublicK to 12

Manual Arts Senior High School
Public9 to 12

USC Hybrid High College Prep
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3913 South Budlong Avenue is a multi-family home for sale in Los Angeles, CA 90037. This property was listed for sale on August 29, 2023 by Christie's AKG, it's currently listed at $1,699,000. It has been on the market for a total of 247 days and was last sold on May 19, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Lenicia B. Weemes Elementary School, Foshay Learning Center and Manual Arts Senior High School. 3913 South Budlong Avenue is a 6-bed, 5-bath, 3,690 sqft multi-family home built in 1912.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Christie's AKG, Dominic Kennedy, DRE #02083855; Christie's AKG, Kirby Gillon, DRE #01960253

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.