4348 S Budlong Avenue, Los Angeles, CA 90037

About this property

A value-add, mixed-use property at the signalized, northeast corner of Vernon Avenue and Budlong Avenue near USC and Exposition Park. The offering consists of two separate buildings, a market with a beer & wine license and a beauty salon in the Vernon Avenue building, and a Spanish architectural style duplex on Budlong Avenue with two 3 bedroom 1 bath units. All units are one month to month leases with significant rental upside. An owner-user seeking to occupy the retail portion can obtain up to 75% conventional commercial financing, with still historically low interest rates fixed for 20 years.

Listing description from the April 2023 sale, as reported to CRMLS.

Sale history

$900,000

Sold April 2023 · listed $995,000, on market January 2023 · MLS #23233687 · Source: CRMLS

Listing Agent: Darin Spillman · Listing Office: Kidder Mathews of California, Inc. · Contact: 310-312-2800 · Bought with: Darin Spillman · Kidder Mathews of California, Inc.

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