2417 S Budlong Ave, Los Angeles, CA 90007

2417 S Budlong Ave, Los Angeles, CA 90007

Los Angeles, CA
$1,395,000

Property Description

2417 S Budlong Avenue, Los Angeles is a great investment opportunity located in the heart of the Adams-Normandie District. Built in 1982, the subject property consists of Four large 3-bedroom/1-bathroom Units with ample onsite parking. 2417 S. Budlong is a commuter’s dream with it’s proximity to the 10 and 110 freeways. The subject property is near USC and centrally located in a high development area. The new owner will be part of this revitalizing section of Los Angeles.

Property Features

  • Sale Price: $1,395,000
  • Area Size: 4,114 SF
  • Land Area: 6,752 SF
  • Year Built: 1982
  • Listing Date: 9/15/2022
  • Units: 4
  • Current GRM: 13.07
  • Current Cap Rate: 5.08%
  • Market GRM: 11.63
  • Market Cap Rate: 5.98%