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Listed by: Max Berger (818) 321-4972 DRE #02054048 | Compass (310) 230-5478
$1,250,000
Monthly Est:$6,222
14 Beds
8 Baths
7,318sqft
2717 S Budlong Ave, Los Angeles, CA 90007
$1,250,000
$6,222/moEst:
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Multi Family
Built in 1931
$-- HOA
7,775 sqft lot
$171/sq.ft
Description
2717 S. Budlong Ave is an 8-unit property in University Park, offered at $1,250,000 with approx. 74% rental upside. Built in 1931, the property totals approx. 7,318 SF on a 7,775 SF lot and includes (6) 2-bdrm./1-bath units and (2) 1-bdrm./1-bath units. At $156,250 per unit and $171 per SF, the property is positioned at a relatively accessible basis for an 8-unit building this close to USC and Exposition Park.The two-story building has the character of a vintage Spanish-style property, with a landscaped street presence, mature greenery, distinctive architectural details, and 8 on-site parking spaces at the rear. Six of the eight units are 2-bdrm. apartments, giving the property a unit mix that can work well for roommates, students, or young families. Current monthly income totals approx. $9,569, compared with projected market income of approx. $16,610 per month. That difference supports approx. 74% rental upside, with projected market performance of a 10.42% CAP and 6.27 GRM. Located directly across from Elinor and Don Richardson Family Park, 2717 S. Budlong sits in a residential pocket of University Park just over a mile from USC, USC Village, and Exposition Park. USC, USC Village, and Exposition Park are all approx. 1.1 miles away, placing campus employment, dining, retail, museums, sports, and major cultural destinations within a compact radius. Exposition Park includes the Natural History Museum, California Science Center, LA Memorial Coliseum, BMO Stadium, and the Lucas Museum of Narrative Art, while USC and USC Village bring year-round student, faculty, employment, and neighborhood activity to the surrounding area. 2717 S. Budlong Ave brings together a predominantly 2-bdrm. unit mix, substantial rental upside, and a location closely tied to both USC and Exposition Park. With current rents well below the market rents shown in the property's underwriting, there is also a clear path for income to grow over time.
- Houzeo last checked: 10 hours ago
- Listing updated: October 5, 2026 at 4:28 pm
- Source: California Regional MLS-CA | MLS#: 26996775
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1931
HOA Fees
-
Finished Area
7,318 sqft
Lot Size
7,775 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26996775
MLS Status
Active
Days on Market
4
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 14
Bathrooms: 8
Construction
Year Built
Year Built: 1931
Home type
Multi Family
Architectural Style
Spanish
Utilities & Energy
Parking Features
Uncovered
Laundry Features
Common Area
Price History
| Date | Event | Price |
|---|---|---|
10/04/2026 Source: | Price Decreased | $1,250,000 -7.39% $171/sqft |
03/24/2026 Source: | Listed for Sale | $1,349,800 $184/sqft |
03/24/2026 Source: | Off Market | $1,349,800 -3.57% $184/sqft |
01/22/2026 Source: | Off Market | $1,399,800 -0.01% $191/sqft |
08/29/2025 Source: | Listed for Sale | $1,399,980 +2.20% $191/sqft |
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Getting Around 2717 S Budlong Ave
Bike Score®
Very Bikeable
75/100
Walk Score®
Very Walkable
88/100
Transit Score®
Good Transit
62/100
Data provided by Redfin
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 09, 2026, 02:30PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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