2327 S Budlong Avenue, Los Angeles, CA 90007

Local realty services provided by:ERA Excel Realty
#1#2#3
2327 S Budlong Avenue,Los Angeles, CA 90007
$1,900,000
  • 16 Beds
  • 16 Baths
  • 8,062 sq. ft.
  • Multi-family
  • Active
Listed by:billy rojas
Office:ashby & graff
MLS#:25497021
Source:CRMLS

Price summary

  • Price:$1,900,000
  • Price per sq. ft.:$235.67

About this home

Excellent opportunity to acquire a 16-unit apartment building in the West Adams district of Los Angeles by USC at a $118,750.00 cost per unit and $235.00 cost per square foot. This 8,062 sq. ft. building resides on a 6,801 sq. ft. corner lot which consists of 16 very large studios each with their own separate kitchen area. The property is located one block south of the 10 Freeway on an excellent and quiet stretch of Budlong Ave. at 24th St. and surrounded by single family homes and smaller apartment buildings. The property retains an excellent on-site manager making this a low maintenance asset for savvy investors. The building is well maintained and all units are individually metered for gas and electric with onsite laundry that brings in approximately $425.00 of additional monthly income. This "bread and butter" building has tremendous upside potential and is perfect for the investor looking to add more units in a great area to their portfolio and an excellent opportunity for a 1031

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Home facts

  • Year built:1911
  • Listing Id #:25497021
  • Added:190 day(s) ago
  • Updated:August 21, 2025 at 01:30 PM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:16
  • Living area:8,062 sq. ft.

Heating and cooling

  • Heating:Floor Furnace

Structure and exterior

  • Year built:1911
  • Building area:8,062 sq. ft.
  • Lot area:0.16 Acres

Finances and disclosures

  • Price:$1,900,000
  • Price per sq. ft.:$235.67
Based on information from California Regional Multiple Listing Service, Inc. as of August 21, 2025 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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