11718 S Budlong Avenue, Los Angeles, CA 90044

Los Angeles
Local realty services provided by:ERA Carlile Realty Group
11718 S Budlong Avenue,Los Angeles, CA 90044
$2,800,000
  • 16 Beds
  • 16 Baths
  • 8,128 sq. ft.
  • Multi-family
  • Active
Listed by: jonathan rawson
Office: avenue realty group310-433-4293
MLS#:26964937
Source:CRMLS

Price summary

  • Price:$2,800,000
  • Price per sq. ft.:$344.49

About this home

This property is part of a rare opportunity to acquire a 4 building, 52-unit portfolio in South Los Angeles. This property is a very well-kept, updated and professionally managed 16-unit asset with all large & open 1 Bed/1 Bath units that has on-site parking for tenants. Low operating expenses as tenants pay for gas, electricity and trash. 5 units have just finished remodels and are now on the rental market and market rent ready. The location is family friendly for tenants being walking distance to Vista Point Community Park & Chester Washington Golf Course, and very mobile being just blocks to/from the 105 freeway and minutes to/from the 110 freeway. The portfolio purchase features an in-place 8.76x GRM and 7.56% cap rate, and all properties are late 1950's construction assets with parking for tenants, and a unit mix of (36) 1 Bed/1 Bath & (16) 2 Bed/1 Bath units -- NO studios, bachelors or singles! This property is located two doors away from two of the portfolio assets which...

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Home facts

  • Year built:1955
  • Listing ID #:26964937
  • Added:49 day(s) ago
  • Updated:October 23, 2026 at 11:44 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:16
  • Kitchen Description:Dishwasher, Disposal, Microwave
  • Living area:8,128 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1955
  • Building area:8,128 sq. ft.
  • Lot area:0.29 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,800,000
  • Price per sq. ft.:$344.49

Features and amenities

  • Appliances:Dishwasher, Disposal
  • Amenities:Ceiling Fans

Parking

  • Total parking spaces:16
  • Parking description:Assigned
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