2657 S Budlong Ave Los Angeles, CA 90007

$--

-- Beds
-- Baths
-- Sq.Ft.

Off Market

Map preview of 2657 S Budlong Ave, Los Angeles, CA 90007

Property Overview: 2657 S Budlong Ave Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 11,465 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2657 S Budlong Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $772. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $63,700. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 2657 S Budlong Ave

Last sold on September 29th, 1972

September, 2023
Sep 22, 2023

Date

Expired

CRMLS: 23258253

$2,250,000

Price
Mar 21, 2023

Date

Active

CRMLS: 23258253

$2,250,000

Price
Listing provided courtesy of CRMLS

2657 S Budlong Avenue, is an approximate 11,466 SF (0.26-Acre), vacant corner lot located less than one mile from the University of Southern California (USC). The opportunity provides a developer with the rare ability to acquire a development opportunity ideal for student housing, in a supply constrained market. The University can only support a small percentage of its student population, with only 30% living in USC-Owned or Operated Property. USC's enrollment has also grown by 35% over the past decade, only further increasing the demand for additional student housing. The asset, Zoned RD1.5-1-O-HPOZ and falls within a Transit Oriented Community (Tier 2) that allows a developer to build up to 13-units and 34,548 SF of building. There are currently no plans or entitlements in place.

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April, 2023
Apr 12, 2023

Date

Canceled

CRMLS: SB23038305

$2,250,000

Price
Mar 7, 2023

Date

Active

CRMLS: SB23038305

$2,250,000

Price
Listing provided courtesy of CRMLS

Kidder Matthews is pleased to present a 11,456 sq. ft. parcel for sale located in the Historic West Adams neighborhood within a mile of USC's campus. The subject parcel is zoned LAR 1.5 and is eligible for a TOC bonus. At $196.4 PPSF, the subject parcel is priced below neighboring land sales comps (avg. $279 PPSF) and gives a prospective investor to build housing in an area with a high demand for student housing.

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September, 1972
Sep 29, 1972

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 2657 S Budlong Ave

Assessed Value (2020): --

Year	Land Value	Improved Value	Assessed Value
2020	$34,268	--	--

About 2657 S Budlong Ave

Detailed summary of property

2657 S Budlong Ave is categorized with a use code of Residential-Vacant Land in Los Angeles, CA 90007 and is currently off market. This property has -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 11,465 square foot lot. Homes in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Local nearby listings include 3670 S Western Ave, 1787 W 35th St and 3906 Brighton Ave. The average home in Los Angeles, CA is selling in 100 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. If you are the homeowner and looking to sell the home at 2657 S Budlong Ave Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2657 S Budlong Ave

Public county record property details

Beds: --
Baths: --
Year built: --
Sq. Ft.: --
Lot Size: 11,465
Stories: --

Type: Residential-Vacant Land
Pool: No
Spa: No
County: Los Angeles
Lot#: 38,40
APN: 5054-016-018

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,380,000

Median List Price/Sq.Ft.

$501

Median Sold Price

$525,000

Median Sold Price/Sq.Ft.

$589

Total Inventory

Median Sale to List Price %

102.94%

Avg Days on Market

Loan Type

Conventional (50%), FHA (0%), VA (0%), Cash (50%), Other (0%)

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