2717 S Budlong Ave , Los Angeles, CA 90007
$1,250,000
Est. Payment: $6,485.98/mo
3 Bed
2 Bath
7318 Sqft
0.18 Acres
Status: active | Days on site: 8
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CLW-X81461 - CLW-C135509
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House Description

2717 S. Budlong Ave is an 8-unit property in University Park, offered at $1,250,000 with approx. 74% rental upside. Built in 1931, the property totals approx. 7,318 SF on a 7,775 SF lot and includes (6) 2-bdrm./1-bath units and (2) 1-bdrm./1-bath units. At $156,250 per unit and $171 per SF, the property is positioned at a relatively accessible basis for an 8-unit building this close to USC and Exposition Park. The 2-story building has the character of a vintage Spanish-style property, with mature landscaping, distinctive architectural details, and 8 on-site parking spaces at the rear. Six of the eight units are 2-bdrm. apartments, giving the property larger floor plans that can work well for roommates, students, or young families. Current monthly income totals approx. $9,569, compared with projected market income of approx. $16,610 per month. That difference represents approx. 74% rental upside, with projected market performance of a 10.87% CAP and 6.27 GRM. Located directly across from Elinor and Don Richardson Family Park, 2717 S. Budlong sits in a residential pocket of University Park approx. 1.1 miles from USC, USC Village, and Exposition Park. That places the property within a compact radius of campus employment, dining, retail, museums, sports, and cultural destinations including the Natural History Museum, California Science Center, LA Memorial Coliseum, BMO Stadium, and the Lucas Museum of Narrative Art. With USC, USC Village, and Exposition Park just over a mile away, 2717 S. Budlong sits close to a concentration of education, employment, culture, and activity that gives the property a meaningful connection to the surrounding area. The larger 2-bdrm. floor plans and substantial rental upside add to a property that feels both residential in character and well positioned for long-term income growth.

Highlights

Listed by Max Berger , 818-321-4972 Compass , 310-230-5478. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.18

Year Built

1931

County

Los Angeles

Area

C16 - Mid Los Angeles

Listing ID

26996775

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2

Exterior Features

Lot:No Land Lease
Garage Capacity:8
Zoning:LAR3
Others:
  • ▪ Additional:2+ Total Units
Parking Features:Uncovered
Principal Interest
$6,486
Taxes
$797

Home Price

$1,250,000

Loan Details

30 yrs
6.75%

Down Payment

20%
$250,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,485.98

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,485.98 $796.88 $0.00 $7,282.86
Yearly $77,831.77 $9,562.50 $0.00 $87,394.27
Total $2,334,953.15 $286,875.00 $0.00 $2,621,828.15

Today's Rates

30 Year

6.75%

20 Year

6.86%

15 Year

6.24%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-08T01:30:46.000Z

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