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5116 S Budlong Ave, Los Angeles, CA, 90037

$980,000

Home List Price

$10,000*

Closing Credit

0 Baths
Townhouse

Location

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5116 S Budlong Ave, Los Angeles$980,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Garage2 spaces
Year Built1927
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #SR24215187
Lot Size0.13 Acres
StatusActive

About 5116 S Budlong Ave

An excellent opportunity to own a well-maintained, income-generating fourplex in Los Angeles! This property offers four spacious units making it perfect for long-term tenants or short-term rentals. All tenants pay on time and they are month to month. The upstairs unit features a spacious 2-bedroom, 1-bath layout with a dining area and a large living room. The downstairs unit offers 1 bedroom and 1 bathroom. Additionally, there are two covered parking spaces available for the residents. Run, don't walk! You don't want to miss this opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Stories: 2

Listing Office:

  • Office Name: Luxury Collective
  • Office Phone: (818) 426-2465
  • Listing Agent: Jessica Altinoglu

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: est of Vermont Ave., East of Normandie Ave., North of Slauson Ave., South of Martin Luther King Jr. Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $980,000

Tax Information:

  • Annual Amount: $8,549
  • 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

5116 S Budlong Ave vs Los Angeles

34 DAYS ON ROCKET

-4 Days

$980,000

-$43.4K Less

KEY TAKEAWAY

This property is $43.4K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24215187

Listing Office:

  • Office Name: Luxury Collective
  • Office Phone: (818) 426-2465
  • Listing Agent: Jessica Altinoglu

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: 11/21/2024, 9:20:52 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

May 12, 2017Home Sold
$635,000
Sep 13, 2001Home Sold
$191,000
Oct 19, 1989Home Sold
$200,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,549$680,846
2020$8,301$673,865
2019$8,171$660,653
2018$6,558$647,700
2017$6,558$514,080

History based on county public records data.

Payment Calculator

$4,959

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,005

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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-243001
3
/10

  • Icef Innovation los Angeles Charter

  • 5029 S Vermont Ave

  • 0.23 miles

  • Public Charter Grades KG-5

school-card-donut-243002
3
/10

  • 52nd Street Elementary School

  • 816 W 51st St

  • 0.46 miles

  • Public District Grades KG-5

school-card-donut-243003
3
/10

  • Kipp Vida Preparatory Academy

  • 4410 S Budlong Ave

  • 0.49 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,196. Most Los Angeles, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5116 S Budlong Ave

What is the listing price of this property?

The listing price of 5116 S Budlong Ave property is $980,000.

What type of property is this?

The property 5116 S Budlong Ave is a townhouse located in Los Angeles, California, 90037.

Is this property for sale now?

Active Listing: 5116 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 $8,549 (source: MLS/based on county public records data).

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

The last sale was on May 12, 2017 for $635,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 5116 S Budlong Ave is 1927.

Rocket Homes›California›Los Angeles County›Los Angeles›90037›5116 S Budlong Ave

This home is located at 5116 S Budlong Ave in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This home, which was built in 1927, sits on a 0.13 acre lot. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $980,000.

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. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

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

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