27 days on rocket

3023 S Budlong Ave, Los Angeles, CA, 90007

$2,200,000

Home List Price

$10,000*

Closing Credit

16 Bedrooms
11 Baths
4,680 SqFt
$470/SqFt
House

Location

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3023 S Budlong Ave, Los Angeles$2,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingControlled Entrance, Driveway, Community Structure, Uncovered
Year Built1913
HeatingWall Furnace
CoolingNone
ViewCity Lights
MLS #24456327
Lot Size0.15 Acres
StatusActive

About 3023 S Budlong Ave

USC Student housing investment opportunity! 6.6% CAP rate and 10.6 GRM! All current tenants are students at USC! Property is located within short walking distance to the University of Southern California. The property is located within the USC Department of Public Safety Patrol Zone and the USC Lyft Ride Safe program. The property has a total of 16 Bedrooms and 11 Bathrooms in 4 separate units. One - 5 Bed+4 Bath unit, two - 4 bed+3 bath units, and one - 3 Bed+1 Bath unit. The building is 4,680 Sq. Ft. and sits on a 6,708 Sq. Ft. lot zoned LAR2. There are 6 on-site parking spaces. Potential to add ADU on the lot. *Buyer to verify all information* Please do not disturb tenants, drive by only.

Property Details

Property Features

Property Information:

  • Year Built: 1913
  • Stories: 2
  • Living Area: 4,680 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Downey
  • Office Phone: (562) 334-1500
  • Listing Agent: Michael R. Fukushima

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 16

Exterior Features

Exterior Information:

  • View: City Lights

Parking Information:

  • Parking: Controlled Entrance, Driveway, Community Structure, Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Property is near the University of Southern California. Property is located along S Budlong Ave. near the intersection of Jefferson Blvd. and Budlong Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,200,000
  • Price Per SqFt: $470/SqFt

Tax Information:

  • Annual Amount: $18,861
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

3023 S Budlong Ave vs Los Angeles

27 DAYS ON ROCKET

-11 Days

$2,200,000

+$1.1M More

$470/SqFt

-$171 Less

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $171/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24456327

Listing Office:

  • Office Name: Keller Williams Realty Downey
  • Office Phone: (562) 334-1500
  • Listing Agent: Michael R. Fukushima

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 06, 2017Home Sold
$1,476,000
Aug 30, 2010Home Sold
$650,000
Jul 10, 2009Home Sold
$500,000
Jul 28, 2006Home Sold
$1,000,000
Aug 25, 1964Home Sold
$40,000

Tax History

YEARPROP. TAXASSESSMENT
2021$18,861$1,551,538
2020$18,300$1,535,630
2019$18,150$1,505,520
2018$9,058$1,476,000
2017$9,058$717,536

History based on county public records data.

Payment Calculator

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,662

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-518892
3
/10

  • John W. Mack Elementary

  • 3020 S Catalina St

  • 0.16 miles

  • Public District Grades KG-5

school-card-donut-518893
3
/10

  • STEM Preparatory Elementary School

  • 1374 W 35th St

  • 0.25 miles

  • Public Charter Grades KG-5

school-card-donut-518894
4
/10

  • Lenicia B. Weemes Elementary

  • 1260 W 36th Pl

  • 0.36 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,611. Typical income of Los Angeles, CA residents is less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3023 S Budlong Ave

What is the listing price of this property?

The listing price of 3023 S Budlong Ave property is $2,200,000.

What type of property is this?

The property 3023 S Budlong Ave is a house located in Los Angeles, California, 90007.

Is this property for sale now?

Active Listing: 3023 S Budlong Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $18,861 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 6, 2017 for $1,476,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3023 S Budlong Ave has 16 bedrooms and 11 bathrooms.

What is the square footage of this property?

The property 3023 S Budlong Ave is 4,680 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3023 S Budlong Ave is 1913.

Rocket Homes›California›Los Angeles County›Los Angeles›90007›3023 S Budlong Ave

This home is located at 3023 S Budlong Ave in Los Angeles, CA and zip code 90007 in the South LA neighborhood. This 4,680 square foot home, which was built in 1913, sits on a 0.15 acre lot. Features: 16 bedrooms, 11 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $2,200,000.

Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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