5116 S Budlong Avenue Los Angeles, CA ^$ 1,100,000

5116 S Budlong Avenue

^$ 1,100,000

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5116 S Budlong Avenue

Los Angeles, CA, 90037

^$ 1,100,000

Bedrooms5 Baths4.0 Sq 3,632

Monthly Estimate*

^$ 7,684

Listed by FRANK PETERS, BROKER

5116 S Budlong Avenue, Los Angeles, CA 90037 - Image 1

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5116 S Budlong Avenue, Los Angeles, CA 90037 - Image 7

5116 S Budlong Avenue, Los Angeles, CA 90037 - Image 8

5116 S Budlong Avenue, Los Angeles, CA 90037 - Image 9

5116 S Budlong Avenue, Los Angeles, CA 90037 - Image 10

5116 S Budlong Avenue, Los Angeles, CA 90037 - Image 11

5116 S Budlong Avenue, Los Angeles, CA 90037 - Image 12

5116 S Budlong Avenue, Los Angeles, CA 90037 - Image 13

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5116 S Budlong Avenue, Los Angeles, CA 90037 - Image 17

5116 S Budlong Avenue, Los Angeles, CA 90037 - Image 18

Multi-Family Home for sale in Los Angeles, CA

for $1,100,000 with 5 bedrooms and 4 full baths. This 3,632 square foot home was built in 1927 on a lot size of 0.1267.

Discover a hidden gem in South Los Angeles! This exceptional Quadroplex unit is situated on one lot with two buildings and is an opportunity not to be missed. Whether you're a savvy investor or seeking a place to call home with rental income, this property has it all. Two of the units have been thoughtfully updated, showcasing modern upgrades and a desirable two-story layout. The upstairs unit features, a spacious 2-bedroom, 1-bath layout with a dining area and a large living room, providing ample space for comfortable living. The downstairs unit offers 1 bedroom and 1 bathroom, perfect for accommodating various living arrangements. Additionally, there are two covered parking spaces available for residents' convenience. Located in a prime location, you'll have easy access to various amenities, schools, parks, and transportation options. Don't miss out on this must-see 4plex. Schedule a viewing today and unlock the potential of this hidden gem!

Multi-Family Active

Price

^$ 1,100,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Quadruplex

Lot Size

0.1267

Year Built

1927

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

CV23131008

Days on Market

302

Features

General

Interior Features MainLevelPrimary

Sewer PublicSewer

Heating WallFurnace

Cooling WallWindowUnits

Utilities CableConnected ElectricityAvailable NaturalGasAvailable NaturalGasConnected PhoneAvailable PhoneConnected SewerAvailable SewerConnected SeeRemarks WaterAvailable WaterConnected

Possession CloseOfEscrow

Zoning LAR2

HOA 0.0

Garage Spaces 2.0

Pool Features None

Year Built 1927

Tenant Pays AllUtilities CableTV Electricity Gas Telephone

View Neighborhood

Property SubType Quadruplex

Gross Income 0.0

Community Features Biking Curbs StreetLights Sidewalks Urban

County Los Angeles

Net Operating Income 0.0

Operating Expense 0.0

Insurance Expense 0.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency Property is Sold As Is. Seller will not be doing any repairs. All units are occupied on month-to-month rental terms. Seller will not relocate tenants.

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions West of Vermont Ave. East of Normandie Ave. North of Slauson Ave. South of Martin Luther King Jr. Blvd

City Los Angeles

Entry Location 1

View Y/N Y

Senior Community Y/N N

Total Units 4

MLS Area 699 - Not Defined

Lot Size Square Feet 5520.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 4

Street Name Budlong

Listing Terms Cash CashtoNewLoan Conventional CalVetLoan Item1031Exchange FannieMae USDALoan VALoan

Spa Features None

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 226

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 59

Property Sub Type Additional Quadruplex

Exterior

Parking Features OnStreet

Lot Features Item25UnitsAcre

Water Source Public

Total Parking 2.0

Lot Size Area 5520.0

Number of Buildings 2

Spa N

Building Area Total 3632.0

Lot Size Acres 0.1267

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 4

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Avenue

Laundry Features WasherHookup GasDryerHookup

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 5116

* Excluded Features

List By

Frank Peters, Broker

Broker

(909) 200-8794

Phone

Affordability Calculator

$7,684

Per Month

Monthly Principal & Interest: $7,684
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,986,097

Percent of Sale Price 81%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/17/2023	$110,000		Listed Price

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5116 S Budlong Avenue, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $1,100,000 with 3,632 sqft and a lot size of 0.1267. 5116 S Budlong Avenue has 5 bedrooms, 4.0 baths, and was built in 1927. The property's zip code is 90037 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/13/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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5116 S Budlong Avenue

Multi-Family Home for sale in Los Angeles, CA

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