3858 S Budlong Ave, Los Angeles, CA 90037
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3858 S Budlong Ave Los Angeles, CA 90037

$1,188,000 Sold Price as of 03/31/2022
  • 5 Beds
  • 4 Baths
  • 3,642 Sq.Ft.
Sold
$1,188,000 Sold Price as of 03/31/2022 Refinance Your Mortgage

Map preview of 3858 S Budlong Ave, Los Angeles, CA 90037

Property Overview: 3858 S Budlong Ave Los Angeles, CA has 5 bedrooms, 4 bathrooms, 3,642 living square feet and 6,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: GREAT OPPORTUNITY FOR AN INVESTOR!A Quadplex with GREAT LOCATION Five minutes walking distance to (USC) and Exposition Park Rose Garden, Natural History Museum of Los Angeles County, California Science Center, Coliseum and Bank of California Stadium. A few minutes from Downtown, Los Angeles Convention Center and Crypto Arena! This building has plenty of parking on the back. Some Work has been done to the property and units such plumbing and flooring .All Units have a full living area, kitchen and dinning room all units are very spacious. (1) 2/1 will be delivered vacant and (3) 1/1. with tenants.

Listed by Delmy Lemus | BRE #02102877 | Deluxe Realty
Last checked: 4 minutes ago | Last updated: March 31st, 2022 | Source CRMLS | DOM: 23

Home details

Lot Sq. Ft
6,000
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
SR22025359
City
Los Angeles
County
Los Angeles
Time on Site
879 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $850
  • Total Rent: $850
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $760
  • Total Rent: $760
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $850
  • Total Rent: $850
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $28,400
  • Net Operating Income: $23,585
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,815
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $1,200
  • Gardener: $0
  • Insurance: $1,941
  • Water/Sewer: $1,674

Property Details for 3858 S Budlong Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Floor Furnace
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Bamboo
  • Attic, Converted Bedroom, Den, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom
Kitchen Information
  • Has Appliances
  • Gas Range, Gas Water Heater, Range Hood
Interior Features
  • 2 Staircases, Balcony, Block Walls, Copper Plumbing Full
  • Levels: Two
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s), Window Bars
Exterior Features
Exterior Information
  • Satellite Dish
  • Has Fence
  • Good Condition, Wrought Iron
  • Other Structures: Shed(s)
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights, Landmark, Neighborhood, Panoramic
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5037016004
  • Year Built Source: Assessor
  • Foundation Details: Brick/Mortar
  • Property is not Attached
  • Accessibility Features: 2+ Access Exits, 36 Inch Or More Wide Halls, Doors - Swing In
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Sewer Connected, Water Available
Location / Neighborhood
Location Information
  • Directions: Budlong and 38th
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Park, Street Lights
View more facts & features

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Sale History for 3858 S Budlong Ave

Last sold for $1,188,000 on March 31st, 2022
  • March, 2022

  • Mar 31, 2022

    Date

    Sold

    CRMLS: SR22025359

    $1,188,000

    Price

  • Feb 9, 2022

    Date

    Active

    CRMLS: SR22025359

    $1,300,000

    Price

  • September, 2021

  • Sep 15, 2021

    Date

    Expired

    CRMLS: SR21052715

    $1,200,000

    Price

  • Jun 15, 2021

    Date

    Withdrawn

    CRMLS: SR21052715

    $1,200,000

    Price

  • Apr 9, 2021

    Date

    Price Change

    CRMLS: SR21052715

    $1,200,000

    Price

  • Mar 13, 2021

    Date

    Active

    CRMLS: SR21052715

    $1,300,000

    Price

  • Mar 12, 2021

    Date

    Coming Soon

    CRMLS: SR21052715

    $1,300,000

    Price

  • Listing provided courtesy of CRMLS

    Wow! beautiful 4 units walking distance to USC and museums, close to Freeway and shopping centers, great opportunity. Call now!

  • November, 2002

  • Nov 13, 2002

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 2001

  • Sep 4, 2001

    Date

    Sold (Public Records)

    Public Records

    $242,000

    Price

Show More

Tax History for 3858 S Budlong Ave

Assessed Value (2020): $402,577
Year Land Value Improved Value Assessed Value
2020 $234,837 $167,740 $402,577

Home Value Compared to the Market

This property vs the competition

3858 S Budlong Ave sold on March 31, 2022 for 2.04% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $356.95 per/sqft which puts the price per square foot 54.87% lower than the current median sale per square foot for the city of Los Angeles.

About 3858 S Budlong Ave

Detailed summary of property

3858 S Budlong Ave is a fourplex that recently sold in Los Angeles, CA 90037. This fourplex offered 5 bedrooms, 4 bathrooms, roughly 3,642 living square feet, and sits on an approximately 6,000 square foot lot. 3858 S Budlong Ave was first listed on ArdentRealEstateGroup.com on February 10, 2022. The homeowner sold the property for $1,188,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 2.04% higher than the current median priced home. Local homes that are currently for sale include 1427 W 28th St, 1719 W 35th St and 1674 W 25th St. While the average home in Los Angeles, CA is selling in 102 days, 3858 S Budlong Ave has a days on market of 23 days. There are currently 3917 homes for sale in the Los Angeles real estate market and 2621 of them are single family homes while 1181 of them are condos and 107 are townhomes. For more information on this home for sale at 3858 S Budlong Ave Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3858 S Budlong Ave

Public county record property details
Beds
4
Baths
4
Year built
1923
Sq. Ft.
3,642
Lot Size
6,000
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
5037-016-004

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$699,999
Median List Price/Sq.Ft.
$483
Median Sold Price
$750,000
Median Sold Price/Sq.Ft.
$472
Total Inventory
30
Median Sale to List Price %
103.45%
Avg Days on Market
15
Loan Type
Conventional (0%), FHA (33.33%), VA (0%), Cash (0%), Other (33.33%)

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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.