3578 S Budlong Ave Los Angeles, CA 90007

$1,803,000 Sold Price as of 02/28/2020

11 Beds
11 Baths
3,808 Sq.Ft.

Off Market

$1,803,000 Sold Price as of 02/28/2020 Refinance Your Mortgage

Map preview of 3578 S Budlong Ave, Los Angeles, CA 90007

Property Overview: 3578 S Budlong Ave Los Angeles, CA has 11 bedrooms, 11 bathrooms, 3,808 living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

3578 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 $768. 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 $56,000. 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 3578 S Budlong Ave

Last sold for $1,803,000 on February 28th, 2020

February, 2020
Feb 28, 2020

Date

Sold (Public Records)

Public Records

$1,803,000

Price
January, 2018
Jan 23, 2018

Date

Sold

CRMLS: PW17226549

$908,500

Price
Jan 12, 2018

Date

Pending

CRMLS: PW17226549

$995,000

Price
Oct 2, 2017

Date

Active

CRMLS: PW17226549

$995,000

Price
Listing provided courtesy of CRMLS

Student housing development opportunity just one third of a mile from the University of Southern California in Los Angeles. The offering features a 6,064 square foot lot that is zoned LARD 1.5. Because of it's zoning and lot size, the property could be developed into four units by right (buyer to verify with the city, broker makes no warranties). The subject property currently features a 1,402 square foot single family house which will be delivered vacant, that contains four bedrooms and two baths. The property will likely not qualify for conventional financing. 3578 S Budlong Avenue is located in a core student housing location west of USC and within the CSC and DPS patrol boundaries. Additionally, it is less than one half mile from the brand new $700-Million mixed use University Village Project. Constructed by USC, the University Village Project offers student housing and over 500,000 square feet of academic spaces, restaurants and major retailers that include Trader Joe's, Target, Bank of America and Starbucks.

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January, 2018
Jan 22, 2018

Date

Sold (Public Records)

Public Records

$908,500

Price

Tax History for 3578 S Budlong Ave

Assessed Value (2020): $1,377,518

Year	Land Value	Improved Value	Assessed Value
2020	$832,218	$545,300	$1,377,518

About 3578 S Budlong Ave

Detailed summary of property

3578 S Budlong Ave is categorized with a use code of Triplex (3 Units, Any Combination) in Los Angeles, CA 90007 and last sold on February 28, 2020 for $1,803,000. This property has 11 bedrooms, 11 bathrooms, roughly 3,808 living square feet, and sits on an approximately -- square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 60.98% higher than the current median priced home. 3578 S Budlong Ave was last sold on February 28, 2020 for $1,803,000. Local nearby listings include 2500 Juliet St, 1616 W 25th St and 3922 Halldale Ave. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 3578 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 3578 S Budlong Ave

Public county record property details

Beds: 11
Baths: 11
Year built: --
Sq. Ft.: 3,808
Lot Size: --
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 3
APN: 5040-018-032

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

$1,495,000

Median List Price/Sq.Ft.

$610

Median Sold Price

$1,025,000

Median Sold Price/Sq.Ft.

$777

Total Inventory

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

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

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