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3913 S Budlong Ave, Los Angeles, CA 90037
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3913 S Budlong Ave Los Angeles, CA 90037

$1,699,000
  • 13 Beds
  • 9 Baths
  • 3,690 Sq.Ft.
For Sale
$1,699,000 Get Pre-Qualified
Map preview of 3913 S Budlong Ave, Los Angeles, CA 90037

Property Overview: 3913 S Budlong Ave Los Angeles, CA has 13 bedrooms, 9 bathrooms, 3,690 living square feet and 10,432 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: We are thrilled to introduce an exceptional value-added opportunity conveniently situated minutes to USC. Just a mere few blocks away from the heart of the University of Southern California's main University Park Campus, this property finds itself nestled within the USC-CSC and DPS security zone. Notably, this location is a highly sought-after neighborhood for student housing rentals. Comprising three distinct structures, the property boasts an array of options: Building 1 offers 4 Beds/2 Baths, Building 2 features 3 Bedrooms and 2 Baths, and Building 3 presents 1 Bedroom/1 Bath. Beyond its close proximity to the USC Campus, this property enjoys the added advantage of being within a stroll's reach of the Metro Expo Line, Exposition Park, The LA Coliseum, the LAFC Stadium, and the exciting new George Lucas Museum. Property is Zoned R3, with TOC: TIER 3 in the State Enterprise Zone.

Listed by Dominic Kennedy | BRE #02083855 | Christie's AKG
Co-listed by Kirby Gillon | BRE #01960253 | Christie's AKG
Last checked: 5 minutes ago | Last updated: February 16th, 2024 | Source CRMLS | DOM: 237
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Home details

Lot Sq. Ft
10,432
HOA Dues
$0/mo
Year built
1912
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23305245
City
Los Angeles
County
Los Angeles
Time on Site
257 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,600
  • Total Rent: $4,600
  • Pro Forma/Market Rent: $4,600
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17.35
  • Gross Scheduled Income: --
  • Net Operating Income: $108,000
  • Gross Operating Income: $115,200
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 3913 S Budlong Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Natural Gas
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 3
  • Parcel Number: 5037008018
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Please refer to waze or google maps.
View more facts & features

Local Los Angeles Agent

Sale History for 3913 S Budlong Ave

Last sold for $1,610,000 on May 19th, 2022

  • August, 2023

  • Aug 29, 2023

    Date

    Active

    CRMLS: 23305245

    $1,999,000

    Price

  • May, 2022

  • May 19, 2022

    Date

    Sold

    CRMLS: 22142757

    $1,610,000

    Price

  • Apr 2, 2022

    Date

    Active

    CRMLS: 22142757

    $1,495,000

    Price

  • Listing provided courtesy of CRMLS

    Centrally located three separate homes on a lot. Hugh lot of approximately 10,428 square feet. Property is located in close proximity to USC, downtown Los Angeles, Exposition Metro line and the Coliseum. One unit consist of 4 bedrooms and 2 baths, second unit consist of 3 bedrooms and 2 baths, and the 3rd unit consist of 2 bedrooms and 1 bath. The property is selling in its as is condition. Drive by only and do not disturb occupants. Offers are subject to interior inspection.

  • June, 2005

  • Jun 8, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 3913 S Budlong Ave

Assessed Value (2020): $518,692
Year Land Value Improved Value Assessed Value
2020 $305,589 $213,103 $518,692

Home Value Compared to the Market

This property vs the competition

3913 S Budlong Ave is listed 36.03% 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 $460.43 per/sqft which puts the price per square foot 40.51% lower than the median price per square foot for the city of Los Angeles.

About 3913 S Budlong Ave

Detailed summary of property

3913 S Budlong Ave is a multi family located in Los Angeles, CA 90037 and is currently for sale. This multi family property offers 13 bedrooms, 9 bathrooms, roughly 3,690 living square feet, and sits on an approximately 10,432 square foot lot. 3913 S Budlong Ave was first listed on ArdentRealEstateGroup.com on August 29, 2023. The homeowner is currently asking $1,699,000 and was originally asking $1,999,000. 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 36.03% higher than the median priced home. Local competing homes currently for sale include 2939 Brighton Ave, 961 W 47th St and 2723 S Budlong Ave. While the average home in Los Angeles, CA is selling in 93 days, 3913 S Budlong Ave has a days on market of 237 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 3913 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 3913 S Budlong Ave

Public county record property details
Beds
6
Baths
5
Year built
1912
Sq. Ft.
3,690
Lot Size
10,432
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
5037-008-018

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
$725,000
Median List Price/Sq.Ft.
$517
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
31
Median Sale to List Price %
106.72%
Avg Days on Market
21
Loan Type
Conventional (0%), FHA (50%), VA (0%), Cash (33.33%), Other (0%)

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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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