4307 S Budlong Avenue, Los Angeles, CA 90037
Duplex · 5 recorded sales since 2014
Sold July 2021
Listing Agent: Mark Velasco (DRE #01789768) · Listing Office: Sharpstone Realty, Inc. · Contact: 562-360-1605 · Bought with: Peter Kinnaird · Compass · MLS #DW21121747 · Source: CRMLS
About this duplex
Duplex!! Live in one and rent the other. Property contains 1,662 sq ft front house (4 beds + 3 baths) with a bonus den (not included in the square footage) & 824 sq ft back unit (3 beds + 2 baths). All upgrades throughout the property have been done with permits & approved by Building & Safety Dept. The following have been done recently: new plumbing and newer roof (GREAT BONES), new laminate flooring, recessed lighting and shutters. Also, remodeled kitchen with new cabinets, granite counters and stainless-steel appliances. BIG ROOMS and OPEN LAYOUT are ideal for USC STUDENT RENTALS OR Multiple families. Includes large living and dining room with tons of natural light throughout. High end feel maximizes great room rental prices. Separate washroom, back patio and lots of parking make this an ideal USC student rental. Back house was built in 2019 and has a 10 year warranty. LOCATION is near USC, the Coliseum, Expo Park, Science Center, Natural History Museum, the Banc of Ca Stadium (home to the LAFC) as well as the $1 Billion George Lucas Museum of Narrative Art and much more. Also near LA Live, and is the center of all happenings in LA, downtown, Hollywood, the beach/Venice, making it hot for young professionals who want to enjoy the city life and convenience while enjoying very friendly rent comparing to Hollywood or Venice or Downtown. Previously rented to students at $1,300 per Master Suite (3) $900 for sun room (1) and $1,100 for other rooms (4). CASH COW PROPERTY!!!! $110,400 Gross Income. CAP Rate is 8.38. Property will be delivered vacant.
Listing description from the July 2021 sale, as reported to CRMLS.
Sale history
