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2723 S Budlong Ave, Los Angeles, CA 90007
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2723 S Budlong Ave Los Angeles, CA 90007

$1,999,999
  • 14 Beds
  • 8 Baths
  • 7,294 Sq.Ft.
For Sale
$1,999,999 Get Pre-Qualified
Map preview of 2723 S Budlong Ave, Los Angeles, CA 90007

Property Overview: 2723 S Budlong Ave Los Angeles, CA has 14 bedrooms, 8 bathrooms, 7,294 living square feet and 7,771 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: BIG REDUCTION, Nice property,excellent rental area located a few blocks from USC, large basement with a laundry room for extra income.Separate meters for Gas & Electric.mix six 2 bed, two 1bed , don't wait to long with this one has a lot of potential .

Listed by Leonel Giron | BRE #01366322 | Panorama Realty Services
Co-listed by Miguel Soriano | BRE #01457738 | Panorama Realty Services
Last checked: 4 minutes ago | Last updated: February 19th, 2024 | Source CRMLS | DOM: 232
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Home details

Lot Sq. Ft
7,771
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Apartment
Status
Active
MLS#
SR23166794
City
Los Angeles
County
Los Angeles
Time on Site
252 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # 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: $1,500
  • Total Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $876
  • Total Rent: $876
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $879
  • Total Rent: $879
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,486
  • Total Rent: $1,486
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,051
  • Total Rent: $1,051
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,347
  • Total Rent: $1,347
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $997
  • Total Rent: $997
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $119,268
  • Net Operating Income: $107,148
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $12,120
  • Electric: $700
  • Gas/Fuel: $0
  • Trash: $400
  • Insurance: $3,000
  • Professional Management: $0
  • Water/Sewer: $1,400

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Property Details for 2723 S Budlong Ave

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Interior Features
  • Levels: One, Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Paved
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 8
  • Parcel Number: 5054015016
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Normandie and W Adams
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 2723 S Budlong Ave

Last sold for $684,000 on April 8th, 2005

  • September, 2023

  • Sep 8, 2023

    Date

    Active

    CRMLS: SR23166794

    $2,200,000

    Price

  • January, 2013

  • Jan 8, 2013

    Date

    Canceled

    CRMLS: Y33064

    $645,000

    Price

  • Aug 1, 2003

    Date

    Active

    CRMLS: Y33064

    $645,000

    Price

  • Listing provided courtesy of CRMLS

    West Al Clean Property. Lots Of Potential. For A Keeper-Don't Wait Too Long, Good Area. It Will Fly Fast. Call Edison The Power Man 562-928-8873

  • January, 2013

  • Jan 5, 2013

    Date

    Expired

    CRMLS: Y40495

    $650,000

    Price

  • Feb 12, 2004

    Date

    Active

    CRMLS: Y40495

    $650,000

    Price

  • Listing provided courtesy of CRMLS

    Don't Wait To Long With This One. Lots Of Potential, Great Location, Low Rents. Property Shows Well. Call Your Keepers. ' Call Edison The Power Man'

  • April, 2005

  • Apr 8, 2005

    Date

    Sold (Public Records)

    Public Records

    $684,000

    Price

  • February, 2002

  • Feb 6, 2002

    Date

    Sold (Public Records)

    Public Records

    $350,000

    Price

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Tax History for 2723 S Budlong Ave

Assessed Value (2020): $871,786
Year Land Value Improved Value Assessed Value
2020 $489,424 $382,362 $871,786

Home Value Compared to the Market

This property vs the competition

2723 S Budlong Ave is listed 60.13% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $274.2 per/sqft which puts the price per square foot 64.57% lower than the median price per square foot for the city of Los Angeles.

About 2723 S Budlong Ave

Detailed summary of property

2723 S Budlong Ave is a apartment located in Los Angeles, CA 90007 and is currently for sale. This apartment offers 14 bedrooms, 8 bathrooms, roughly 7,294 living square feet, and sits on an approximately 7,771 square foot lot. 2723 S Budlong Ave was first listed on ArdentRealEstateGroup.com on September 8, 2023. The homeowner is currently asking $1,999,999 and was originally asking $2,200,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 60.13% higher than the median priced home. Local competing homes currently for sale include 3913 S Budlong Ave, 1147 Fedora St and 1229 S Harvard Blvd. While the average home in Los Angeles, CA is selling in 94 days, 2723 S Budlong Ave has a days on market of 232 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 2723 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 2723 S Budlong Ave

Public county record property details
Beds
12
Baths
8
Year built
1930
Sq. Ft.
7,294
Lot Size
7,771
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
5054-015-016

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
$1,199,999
Median List Price/Sq.Ft.
$616
Median Sold Price
$710,000
Median Sold Price/Sq.Ft.
$645
Total Inventory
13
Median Sale to List Price %
94.79%
Avg Days on Market
63
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Recently Sold Homes Near 2723 S Budlong Ave

1517 W 28Th St, Los Angeles, CA 90007
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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.

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