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Value-Add Multifamily Building

2717 S Budlong Ave Los Angeles, CA 90007

2717 S Budlong Ave, Los Angeles, CA, 90007
$1,325,000
For Sale
$1,325,000

MULTI_FAMILY - Los Angeles, CA

Property Size7,318 SF
Lot Size0.18 Acres
Price / SF$181.06
Days on Market40

Property Features for 2717 S Budlong Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
LAR3
Bedrooms
14
Bathrooms
8
Rooms
Bathroom 7, Bathroom 1, Bathroom 6, Bathroom 8, Bedroom 13, Bedroom 8, Bathroom 2, Bedroom 10, Bedroom 7, Bedroom 14, Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 4, Bedroom 12, Bedroom 6, Bathroom 3, Bedroom 11, Bedroom 4, Bedroom 9, Bedroom 5, Bathroom 5
Parking
8
Parking features
Assigned
Standard status
Active
APN
5054-015-017
Size
7,318 SF
Lot size
0.18 Acres

Utilities

Cooling system
Wall Unit(s)

Building Details

Year built
1931
Floors in Building
2
Number of units
8
Listing agency Keller Williams Larchmont
Listed by Vinnie Park · License #02015848
Added: Jun 13 Updated: Jun 21 at 3:06AM Checked: Jul 22 at 7:06PM
MLS# 26847255

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This 8-unit multifamily property includes six 2BR/1BA units and two 1BR/1BA units. The average unit size is listed as 822 square feet, and the building sits on a 7,715 square foot lot. The property is separately metered for gas and electricity, supporting tenant-billable utility separation, and the electrical service panel has been recently upgraded.

The property is located at 2717 S Budlong Ave in Los Angeles (90007) and is zoned LAR3. Public remarks note the building is directly across from Richardson Family Park and positioned in the USC secure zone, with proximity to USC campus and local destinations including BMO Stadium, the Lucas Museum, and Exposition Park.

For buyers or operators, the unit mix provides multiple tenancy types within one building, which can support day-to-day leasing flexibility. With on-site parking for 8 vehicles and utilities separated by meter, the property offers straightforward operational structure. The listing is presented as a value-add opportunity, supported by the described upgrades and existing configuration of eight income units.

Key Highlights

  • 8‑unit multifamily built in 1931 with value‑add upside based on provided pro‑forma analysis
  • Unit mix: six 2BR/1BA units and two 1BR/1BA units (average unit size 822 SF)
  • 7,715 SF lot with 8 on‑site assigned parking spaces

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mulla Striving Clothing Store Mulla Striving LLC Auto Parts Store

Suggested Use

Law Firm Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Travel Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Pet Store Accounting Firm Pet Grooming Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Eight-unit mix with separately metered gas and electricity, upgraded electrical panel, and on-site parking.
Where is this apartment building located?
The property is located at 2717 S Budlong Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: 8‑unit multifamily built in 1931 with value‑add upside based on provided pro‑forma analysis; Unit mix: six 2BR/1BA units and two 1BR/1BA units (average unit size 822 SF); 7,715 SF lot with 8 on‑site assigned parking spaces
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More about this property
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