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8-Unit Spanish-Style Apartment Building
New
For Sale
$1,250,000

2717 S Budlong Ave, Los Angeles, CA 90007

Two-story apartments across from a park, with a predominantly two-bedroom layout and parking at the rear.

Property Size7,318 SF
Lot Size0.18 Acres
Price / SF$170.81
Days on Market5

Property Features for 2717 S Budlong Ave

General Information

Standard status Active
Size 7,318 SF
Total Parking Spaces 8
Lot size 0.18 Acres
Property subtype MULTI_FAMILY

Financials

Asking Price $1,250,000
Gross Income $114,828

Units

Unit Mix 6 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 8

Building Details

Building Size 7,318 SF
Year Built 1931
Buildings 1
Stories 2
Construction Spanish-style
Listing Agency: Compass
Listed By: Max Berger · License #02054048
Source: Benbelack
Added: Oct 4 Changed: Oct 7 Last Checked: Oct 7 at 12:14PM

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 Compass

Investment Insights

Based on property information with market context.

Built in 1931, this two-story Spanish-style apartment property at 2717 S. Budlong Ave contains 8 units across approximately 7,318 SF on a 7,775 SF lot. The mix consists of 6 two-bedroom/1-bath apartments and 2 one-bedroom/1-bath apartments. Eight parking spaces are located behind the building, and the grounds include mature greenery and architectural detailing. Underwriting indicates a 10.42% CAP and 6.27 GRM.

The property is directly across from Elinor and Don Richardson Family Park in University Park. USC, USC Village, and Exposition Park are each approximately 1.1 miles away. Exposition Park includes the Natural History Museum, California Science Center, LA Memorial Coliseum, BMO Stadium, and the Lucas Museum of Narrative Art.

Key Highlights

  • 8‑unit apartment building constructed in 1931
  • Approximately 7,318 SF building on a 7,775 SF lot
  • Unit mix: 6 two‑bedroom/1‑bath apartments and 2 one‑bedroom/1‑bath apartments

Property Analytics

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Current Use

Mulla Striving Clothing Store Mulla Striving LLC Auto Parts Store

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Travel Agency Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

1,602
Businesses Nearby

Demographics for 90007, CA

40,944
Population
14,153
Households
2.9
Avg Household Size
28
Median Age
29%
College-Educated
63%
High-School Grad
2.4 sq mi
ZIP Area
17,060
Density / Sq Mi
$36,032
Median Household Income
$21,176
Median Earnings
$1,480
Median Rent
$852,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story apartments across from a park, with a predominantly two-bedroom layout and parking at the rear.
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 $1,250,000.
What are key features of this property?
This property features: 8‑unit apartment building constructed in 1931; Approximately 7,318 SF building on a 7,775 SF lot; Unit mix: 6 two‑bedroom/1‑bath apartments and 2 one‑bedroom/1‑bath apartments
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