11125 S Budlong Ave, Los Angeles, CA 90044
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11125 S Budlong Ave Los Angeles, CA 90044

$1,175,000 Sold Price as of 06/16/2021
  • 9 Beds
  • 6 Baths
  • 3,565 Sq.Ft.
Sold
$1,175,000 Sold Price as of 06/16/2021 Refinance Your Mortgage

Map preview of 11125 S Budlong Ave, Los Angeles, CA 90044

Property Overview: 11125 S Budlong Ave Los Angeles, CA has 9 bedrooms, 6 bathrooms, 3,565 living square feet and 8,993 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent property in prime location. Great condition. Front building with 2 units was built in 2003 and back building with the 3rd unit was remodeled at that time as well. They have been maintained in great condition since. Property has great income and is an excellent opportunity for investor or buyer looking to occupy.

Listed by DELIMIRO GOMEZ | BRE #02055809 | CENTURY 21 REALTY MASTERS
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
8,993
HOA Dues
$0/mo
Year built
1954
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
MB21075578
City
Los Angeles
County
Los Angeles
Time on Site
1145 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,550
  • Total Rent: $2,550
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $93,000
  • Net Operating Income: $72,400
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $20,600
  • New Taxes: $15,000
  • Trash: $1,800
  • Insurance: $1,400
  • Water/Sewer: $2,400

Property Details for 11125 S Budlong Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Lot 6500-9999
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 6076020006
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Imperial Hwy and W. 111th St
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 11125 S Budlong Ave

Last sold for $1,175,000 on June 16th, 2021
  • June, 2021

  • Jun 16, 2021

    Date

    Sold

    CRMLS: MB21075578

    $1,175,000

    Price

  • Apr 28, 2021

    Date

    Pending

    CRMLS: MB21075578

    $1,175,000

    Price

  • Apr 12, 2021

    Date

    Price Change

    CRMLS: MB21075578

    $1,175,000

    Price

  • Apr 11, 2021

    Date

    Active

    CRMLS: MB21075578

    $1,200,000

    Price

  • October, 2020

  • Oct 2, 2020

    Date

    Expired

    CRMLS: PW20130006

    $1,125,000

    Price

  • Oct 2, 2020

    Date

    Active

    CRMLS: PW20130006

    $1,125,000

    Price

  • Sep 1, 2020

    Date

    Hold

    CRMLS: PW20130006

    $1,125,000

    Price

  • Jul 4, 2020

    Date

    Active

    CRMLS: PW20130006

    $1,125,000

    Price

  • Jul 3, 2020

    Date

    Coming Soon

    CRMLS: PW20130006

    $1,125,000

    Price

  • Listing provided courtesy of CRMLS

    Newly remodeled Triplex in unincorporated area of Los Angeles County. 3 units with 3 Bedrooms and 2 bathrooms each. Back unit was completely rebuilt in 2003. All 3 units fully upgraded in 2003 with new copper plumbing and sewer line. All 3 units have been well maintained and recently remodeled with kitchen granite counter-tops and very well maintained through out the houses. Low maintenance units with separate electric and gas meters. Each unit has master bedroom and laundry unit inside. Water bill goes to Golden State Company. Lot is 8,993 sqft perfect for future additions. Rents have been kept up to date, perfect for investors looking for positive cash flow and low maintenance.

  • January, 2020

  • Jan 25, 2020

    Date

    Expired

    CRMLS: RS19229635

    $1,099,800

    Price

  • Jan 6, 2020

    Date

    Hold

    CRMLS: RS19229635

    $1,099,800

    Price

  • Sep 26, 2019

    Date

    Active

    CRMLS: RS19229635

    $1,099,800

    Price

  • Listing provided courtesy of CRMLS

    3 well kept units for sale in unincorporated area of LA County. Back unit is a single family residence (fully remodeled in 2003) and the front building is a detached up/down duplex built in 2003. All units have a master and own laundry rooms. Individually metered for gas and electricity. These well kept units are in an 8993 sq. ft. gated lot. They will be perfect for an investor looking for positive cash flow and low maintenance.

  • May, 2019

  • May 3, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 2016

  • Jun 23, 2016

    Date

    Sold (Public Records)

    Public Records

    $630,000

    Price

Show More

Tax History for 11125 S Budlong Ave

Assessed Value (2020): $681,932
Year Land Value Improved Value Assessed Value
2020 $541,216 $140,716 $681,932

Home Value Compared to the Market

This property vs the competition

11125 S Budlong Ave sold on June 16, 2021 for 3.98% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $329.59 per/sqft which puts the price per square foot 56.29% lower than the current median sale per square foot for the city of Los Angeles.

About 11125 S Budlong Ave

Detailed summary of property

11125 S Budlong Ave is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 9 bedrooms, 6 bathrooms, roughly 3,565 living square feet, and sits on an approximately 8,993 square foot lot. 11125 S Budlong Ave was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $1,175,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 3.98% higher than the current median priced home. Local homes that are currently for sale include 636 W 81st St, 9004 S San Pedro St and 8115 S Figueroa St. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 11125 S Budlong Ave Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 11125 S Budlong Ave

Public county record property details
Beds
9
Baths
6
Year built
1954
Sq. Ft.
3,565
Lot Size
8,993
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
55
APN
6076-020-006

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$659,500
Median List Price/Sq.Ft.
$521
Median Sold Price
$679,999
Median Sold Price/Sq.Ft.
$540
Total Inventory
87
Median Sale to List Price %
101.64%
Avg Days on Market
21
Loan Type
Conventional (22.22%), FHA (55.56%), VA (0%), Cash (11.11%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.