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2639 S Budlong Ave
Los Angeles, CA 90007

$2,175,000 USD

Multifamily For Sale • 4,400 SF

Property Details

Property Type Multifamily
Total Building Size 4,400 SF
Lot Size 0.19 AC
Year Built 1905
Cap Rate 8.50 %
Zoning LARD1.5

62 Transit Score

89 Walk Score

                
                    Highlights
                
                                High Yield 8.5% Cap Rate
                            
                                Two (2) Single Family Residences
                            
                                Located In The Desirable DPS Patrol Zone
                            
                                Year Built: 1905 & 2021
                            
                                Excellent Value-add Investment opportunity
                            
                                8,133 SF Lot

Financial Summary (Actual)

Net Operating Income: $184,909 USD (2023)

Cap Rate:	8.50 %
Total Expenses:	$47,651 USD

Amenities

Air Conditioning
Washer/Dryer
Granite Countertops
Yard
Attic
Basement

Public Transportation

Commuter Rail	Drive	Walk	Distance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak)	9 min	-	4.7 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	11 min	-	5.0 mi
Airport	Drive	Walk	Distance
Los Angeles International	22 min	-	12.4 mi
Bob Hope	25 min	-	14.8 mi
Long Beach (Daugherty Field)	30 min	-	21.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Davis Saadian 310-402-8958 Davis Saadian Group

2639 S Budlong Ave Los Angeles, CA 90007