16-Unit Apartment
New
For Sale
$2,800,000
11718 S Budlong Ave, Los Angeles, CA 90044
Updated apartment property with open one-bedroom layouts, on-site tenant parking, and five recently remodeled units.
Property Size8,128 SF
Price / SF$344.49
Days on Market3
Property Features for 11718 S Budlong Ave
General Information
Standard status
Active
Size
8,128 SF
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
16 x 1BR/1BA
Multifamily Units
16
Building Details
Year Built
1955
Buildings
1
Listed By:
Rise Realty
(866) 344-7473
Source:
Riserealtyca
Added: Sep 5
Last Checked: Sep 6 at 7:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rise Realty
Investment Insights
Based on property information with market context.
This 16-unit apartment building contains 8,128 square feet and was constructed in 1955. The property offers exclusively one-bedroom, one-bath units with open layouts, on-site parking, and professional management. Five units have recently completed remodels and are available for market rent. Tenants pay gas, electricity, and trash expenses, while the property carries an in-place 8.76x GRM and 7.56% cap rate.
The property is located at 11718 S Budlong Ave in Los Angeles, near Vista Point Community Park and Chester Washington Golf Course. The 105 freeway is several blocks away, with access to the 110 freeway within minutes. Its position two doors from two additional portfolio assets also offers a potential assemblage component within the broader portfolio offering.
The property is located at 11718 S Budlong Ave in Los Angeles, near Vista Point Community Park and Chester Washington Golf Course. The 105 freeway is several blocks away, with access to the 110 freeway within minutes. Its position two doors from two additional portfolio assets also offers a potential assemblage component within the broader portfolio offering.
Key Highlights
- 16‑unit apartment building with 8,128 SF, constructed in 1955
- All units feature one bedroom and one bathroom with open layouts
- Five units recently remodeled and ready for market rent
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
477
Businesses Nearby
Explore this area
Business Placement
Demographics for 90044, CA
94,354
Population
28,770
Households
3.3
Avg Household Size
33
Median Age
11%
College-Educated
64%
High-School Grad
5.1 sq mi
ZIP Area
18,501
Density / Sq Mi
$51,433
Median Household Income
$32,426
Median Earnings
$1,427
Median Rent
$588,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated apartment property with open one-bedroom layouts, on-site tenant parking, and five recently remodeled units.
Where is this apartment building located?
The property is located at 11718 S Budlong Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 16‑unit apartment building with 8,128 SF, constructed in 1955; All units feature one bedroom and one bathroom with open layouts; Five units recently remodeled and ready for market rent
