11507 S Budlong Avenue is a 28-unit property located in the up-and-coming neighborhood of South Los Angeles. The property consists of twenty-seven studio units and one 1 bed/1 bath unit. All apartments are detached bungalow style buildings, providing great privacy for tenants. 26 of the 28 units have been tastefully renovated, including new appliances and reimagined kitchens and bathrooms. The property is landscaped with drought tolerant plants, and there is ample outdoor space for parking, storage, and tenant enjoyment. There is also on-site laundry room for added income. The property is located in the County Strip, meaning it's subject to LA County rent control. Superbly located near multiple transportation corridors, 11507 S Budlong Avenue provides residents with many of the great things LA has to offer right outside their front door. The property is central to major employment, freeways, and points of interest alike. The property is 0.5 miles away from a Metro Station, a 10-minute drive from popular Inglewood, and a 15-minute drive to the University of Southern California and Downtown LA. Tenants with young children will enjoy the nearby proximity to a variety of different schools and the 7-minute drive to Jesse Owens Park. This is an excellent opportunity to acquire an investment property with great cash flow with additional future upside.
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