11726 S Budlong Ave, Los Angeles, CA 90044
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11726 S Budlong Ave Los Angeles, CA 90044

$899,000
  • 10 Beds
  • 5 Baths
  • 3,724 Sq.Ft.
For Sale
$899,000 Get Pre-Qualified

Map preview of 11726 S Budlong Ave, Los Angeles, CA 90044

Property Overview: 11726 S Budlong Ave Los Angeles, CA has 10 bedrooms, 5 bathrooms, 3,724 living square feet and 6,776 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Update: 2 bed 1 bath will be VACANT. 11726 Budlong Ave is a 5 unit apartment complex located near transportation and LAX. Constructed in 1923 and sitting on a large 6,776 SF. Property consists of 2 separate buildings. Front building has 4 units all 1 bed 1 bath collecting a total of $5,010 per month. Unit #5 is a detached home and is 2 bed 1 bath, it will be delivered vacant and can rent for $2,350. The property has a 4 car garage. This investment presents an amazing value-add opportunity.

Listed by Sergio Angulo | BRE #02068594 | Century 21 Realty Masters
Last checked: 15 minutes ago | Last updated: April 26th, 2024 | Source CRMLS | DOM: 331
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Home details

Lot Sq. Ft
6,776
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
DW23083967
City
Los Angeles
County
Los Angeles
Time on Site
332 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,220
  • Total Rent: $1,220
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,310
  • Total Rent: $1,310
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,260
  • Total Rent: $1,260
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,220
  • Total Rent: $1,220
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $72,150
  • Net Operating Income: $72,150
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

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Property Details for 11726 S Budlong Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Landscaped
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 5
  • Parcel Number: 6079018005
  • Year Built Source: Estimated
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: GPS
Neighborhood Information
  • Community Features: Golf
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Sale History for 11726 S Budlong Ave

Last sold for $435,000 on February 26th, 2014
  • May, 2023

  • May 15, 2023

    Date

    Active

    CRMLS: DW23083967

    $1,050,000

    Price

  • February, 2014

  • Feb 26, 2014

    Date

    Sold (Public Records)

    Public Records

    $435,000

    Price

  • February, 2014

  • Feb 26, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 11726 S Budlong Ave

Assessed Value (2020): $539,351
Year Land Value Improved Value Assessed Value
2020 $255,621 $283,730 $539,351

Home Value Compared to the Market

This property vs the competition

11726 S Budlong Ave is listed 26.61% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $241.41 per/sqft which puts the price per square foot 68.81% lower than the median price per square foot for the city of Los Angeles.

About 11726 S Budlong Ave

Detailed summary of property

11726 S Budlong Ave is a mixed use located in Los Angeles, CA 90044 and is currently for sale. This mixed use property offers 10 bedrooms, 5 bathrooms, roughly 3,724 living square feet, and sits on an approximately 6,776 square foot lot. 11726 S Budlong Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner is currently asking $899,000 and was originally asking $1,050,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 26.61% lower than the median priced home. Local competing homes currently for sale include 801 S Grand Ave #1904, 2323 Redondo Blvd #2 and 820 Columbia Ave. While the average home in Los Angeles, CA is selling in 96 days, 11726 S Budlong Ave has a days on market of 331 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 11726 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 11726 S Budlong Ave

Public county record property details
Beds
8
Baths
5
Year built
1923
Sq. Ft.
3,724
Lot Size
6,776
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
6079-018-005

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
$669,999
Median List Price/Sq.Ft.
$516
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$461
Total Inventory
86
Median Sale to List Price %
105.57%
Avg Days on Market
76
Loan Type
Conventional (35.71%), FHA (35.71%), VA (0%), Cash (7.14%), 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.