5116 South Budlong Avenue

Los Angeles, CA 90037

$1,100,000
Price
5
Beds
4
Baths
3,632 Sq. Ft.
$303 / Sq. Ft.
3,632
Sq. Ft.
$303
per Sq. Ft.

Description

Discover a hidden gem in South Los Angeles! This exceptional Quadroplex unit is situated on one lot with two buildings and is an opportunity not to be missed. Whether you're a savvy investor or seeking a place to call home with rental income, this property has it all. Two of the units have been thoughtfully updated, showcasing modern upgrades and a desirable two-story layout. The upstairs unit features, a spacious 2-bedroom, 1-bath layout with a dining area and a large living room, providing ample...Discover a hidden gem in South Los Angeles! This exceptional Quadroplex unit is situated on one lot with two buildings and is an opportunity not to be missed. Whether you're a savvy investor or seeking a place to call home with rental income, this property has it all. Two of the units have been thoughtfully updated, showcasing modern upgrades and a desirable two-story layout. The upstairs unit features, a spacious 2-bedroom, 1-bath layout with a dining area and a large living room, providing ample space for comfortable living. The downstairs unit offers 1 bedroom and 1 bathroom, perfect for accommodating various living arrangements. Additionally, there are two covered parking spaces available for residents' convenience. Located in a prime location, you'll have easy access to various amenities, schools, parks, and transportation options. Don't miss out on this must-see 4plex. Schedule a viewing today and unlock the potential of this hidden gem!
  1. Listed by Frank Peters • DRE #01902313 • Brokerage DRE #01941081 • FRANK PETERS, BROKER • 909-200-8794

Property Details for 5116 South Budlong Avenue

View
Neighborhood
Parking Spaces Total
2
Private Pool
No
Cooling Type
Wall/Window
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3632

Location

Listing Courtesy of FRANK PETERS, BROKER, Frank Peters, DRE #01902313
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LISTING UPDATED: 02/28/2024 12:49 PM

Property Details for 5116 South Budlong Avenue

StatusActive
MLS #CV23131008
Days on Market285
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1927
Lot Size0.13 AC / 5,520 SF
CountyLos Angeles County

Location

Listing Courtesy of FRANK PETERS, BROKER, Frank Peters, DRE #01902313
Add your commute

Building Information for 5116 South Budlong Avenue

Stories2Residences-Year Built1927Building Size-Lot Size0.13 AC / 5,520 SF

Payment Calculator

$6,759 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,003

Property Taxes

$756

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5116 South Budlong Avenue

Rental Info
Rental Info
  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Telephone
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 232...
  • Tax Census Tract: 2323.00
  • CFD/Mello-Roos Fee: $8,500
  • Tax Lot: 59
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Sidewalks, Street Lights, Urban
Property / Structure Info
Interior Features
  • Room Type: Main Floor Primary Bedroom, Primary Bathroom
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Available, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, See Remarks, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Electric: Cable Connected, Electricity Available, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, See Remarks, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: No
  • Parking Garage: On street
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Street
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $1,091
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,200
  • Unit Type Total Rent: $2,200
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number With Refrigerator: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Drapes: 0
  • Number With Patio: 3
  • Number Wall AC: 4

Property History for 5116 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 5116 South Budlong Avenue

Taxable ValueLand$566,682Additions$141,668Total$708,350
Tax Record2023$9,077 ($756 / month)
Home Facts
Total Finished SqFt3,632 SqFtAbove Grade Finished SqFt3,632 SqFtLot Size5,520 SqFtStyleQuadraplexYear Built1927ZoningLAR2CountyLOS ANGELESAPN5017-024-032

Schools near 5116 South Budlong Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Fifty-Second Street Elementary School
PublicK to 5

John Muir Middle School
Public6 to 8

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.

Similar Homes

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5116 South Budlong Avenue is a multi-family home for sale in Los Angeles, CA 90037. This property was listed for sale on July 15, 2023 by FRANK PETERS, BROKER, it's currently listed at $1,100,000. It has been on the market for a total of 285 days and was last sold on April 17, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include Fifty-Second Street Elementary School, John Muir Middle School and Augustus F. Hawkins High A Critical Design And Gaming. 5116 South Budlong Avenue is a 5-bed, 4-bath, 3,632 sqft multi-family home built in 1927.

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 FRANK PETERS, BROKER, Frank Peters, DRE #01902313

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.