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3876 S Budlong Ave, Los Angeles, CA 90037
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3876 S Budlong Ave Los Angeles, CA 90037

$1,370,000 Sold Price as of 07/10/2020
  • 15 Beds
  • 9 Baths
  • -- Sq.Ft.
Sold
$1,370,000 Sold Price as of 07/10/2020 Refinance Your Mortgage
Map preview of 3876 S Budlong Ave, Los Angeles, CA 90037

Property Overview: 3876 S Budlong Ave Los Angeles, CA has 15 bedrooms, 9 bathrooms, -- living square feet and 7,200 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Wonderful investment opportunity to purchase a triplex next to USC. There are 2 separate buildings-1 building is a duplex with lower and upper unit , 1143 W. 39th st (corner of budlong and 39th St ) and 1 building with 1 unit.1131 W. 39th st . Plus, a BONUS 1 bedroom 1 bath stand alone on the property. 1143 w. 39TH ST ( 3Bed with 1 bath Rented $ 1800 expecting $ 3000 with some updates and in clean, move-in ready condition. 1131 W. 39th st ( 2 bed with 1 1/2 bath ) $ 3200. Each unit has 2 assigned parking spaces, storage space, and backyard space on this over 7000 sq. ft. lot. Bonus unit ( 1 bed with 1 bath ) reint is $ 970, Offers are subject to inspection. Seller and his/her representative do not warrant the accuracy of the info. Buyer to conduct his/her own due diligence.

Listed by Jung-Anna Kim | BRE #00797256 | Masters Realty Group
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 217

Home details

Lot Sq. Ft
7,200
HOA Dues
$0/mo
Year built
1909
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19497486
City
Los Angeles
County
Los Angeles
Time on Site
1272 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,810
  • Total Rent: $2,810
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: --
  • Net Operating Income: $107,352
  • Gross Operating Income: $114,852
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3876 S Budlong Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Exterior Features
Exterior Information
  • Other Structures: Guest House
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Detached Carport
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 5037016001
Location / Neighborhood
Location Information
  • Directions: Corner of Budlong and 39th street
View more facts & features

Local Los Angeles Agent

Sale History for 3876 S Budlong Ave

Last sold for $1,370,000 on July 10th, 2020

  • July, 2020

  • Jul 11, 2020

    Date

    Sold

    CRMLS: 19497486

    $1,370,000

    Price

  • Mar 12, 2020

    Date

    Pending

    CRMLS: 19497486

    $1,599,000

    Price

  • Aug 8, 2019

    Date

    Active

    CRMLS: 19497486

    $1,599,000

    Price

  • June, 2020

  • Jun 23, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,370,000

    Price

  • January, 2019

  • Jan 1, 2019

    Date

    Expired

    CRMLS: 18372850

    $2,800

    Price

  • Nov 20, 2018

    Date

    Withdrawn

    CRMLS: 18372850

    $2,800

    Price

  • Aug 7, 2018

    Date

    Active

    CRMLS: 18372850

    $2,800

    Price

  • Listing provided courtesy of CRMLS

    The property is three units, USC and subway are nearby Entirely remodeled property. New paint, fully remodeled bath, and fully remodeled kitchen with new cabinets & new appliances. Currently there is one unit available; unit is a detached two bedroom, has an own laundry machine and has a detached storage in the back yard.

  • August, 2017

  • Aug 25, 2017

    Date

    Sold (Public Records)

    Public Records

    $805,000

    Price

Show More

Tax History for 3876 S Budlong Ave

Assessed Value (2020): $837,522
Year Land Value Improved Value Assessed Value
2020 $624,240 $213,282 $837,522

Home Value Compared to the Market

This property vs the competition

3876 S Budlong Ave sold on July 10, 2020 for 25.51% higher than the current median sold price for the city of Los Angeles which is $1,274,000.

About 3876 S Budlong Ave

Detailed summary of property

3876 S Budlong Ave is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 15 bedrooms, 9 bathrooms, roughly -- living square feet, and sits on an approximately 7,200 square foot lot. 3876 S Budlong Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,370,000. 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 25.51% higher than the current median priced home. Local homes that are currently for sale include 1535 W 28th St, 1475 W 28th St and 4351 S Western Ave. While the average home in Los Angeles, CA is selling in 102 days, 3876 S Budlong Ave has a days on market of 217 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 3876 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 3876 S Budlong Ave

Public county record property details
Beds
5
Baths
3
Year built
1909
Sq. Ft.
3,216
Lot Size
7,200
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5037-016-001

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.

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