3023 S Budlong Ave - Apartments FOR SALE


Los Angeles, CA 90007- Koreatown
$2,200,000 USD
818-321-6490
3023 S Budlong Ave, Los Angeles, CA for Sale
$2,200,000 USD
Apartments - FOR SALE
1/12
null | 6.64% Cap Rate

3023 S Budlong Ave
Los Angeles, CA 90007
Koreatown


HIGHLIGHTS

  • USC Student housing investment!
  • Property is located within USC's DPS Patrol Zone!
  • Within walking distance to USC and USC Village!
  • 6 on-site parking spaces!

OVERVIEW

EXCELLENT INVESTMENT OPPORTUNITY! USC Student housing investment! Property was completely renovated between 2020 and 2022. Property was taken down to the studs and renovated to meet the needs of the modern student. The property is comprised of 1 - 5 bed unit, 2 - 4 bed units, and 1 - 3 bed unit. The building is over 4,680 Sq. Ft. in total area and sits on a 6,708 Sq. Ft. lot and is secured by a gate. The property can fit up to 6 parking spaces. Property is within close proximity to the main USC campus and USC Village. DRIVE BY ONLY! DO NOT DISTURB THE TENANTS!

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$470 USD /SF

# OF UNITS

3

PRICE/UNIT

$733,333

CAP RATE

6.64%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1913

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

LAR2

APN/PARCEL ID

5040-023-022

ASK ABOUT THIS PROPERTY

Michael FukushimaTotal Realty GroupMore Info
818-321-6490

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Michael FukushimaTotal Realty GroupMore Info
818-321-6490

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.