Investor-ready duplex just minutes from USC and Exposition Park, generating $8,141/month in gross rent with tenants paying all utilities. Each spacious unit offers charm, functionality, and substantial in-place income. Owner expenses are minimal, only insurance and exterior security ($66/mo). Prime rental location near DTLA, metro lines, and major commuter routes. Great opportunity for long-term hold or 1031 exchange. Do not miss this high-yield, low-maintenance property in one of LA's most stable rental corridors.
Sold for $1,300,000
$1,300,000
2309 S Budlong Ave, Los Angeles, CA 90007
8beds
4baths
2,704sqft
Multi Family
Built in 1923
-- sqft lot
$1,201,500 Zestimate®
$481/sqft
$3,747 Estimated rent
Home value
$1,201,500
$1.05M - $1.36M
$3,747/mo
Zestimate® history
Owner options
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$3,747/mo
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$3,747/mo
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$8,403/mo
Est. payment
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$8,403/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Yun Young Kwag DRE # 01935957 213-700-3239,
New Star Realty 213-385-4989
Bought with:
Yun Young Kwag, DRE # 01935957
New Star Realty
Source: CLAW,MLS#: 25527707
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Central
Cooling
- Wall Unit(s)
Appliances
- Included: Freezer, Disposal, Dryer, Microwave
- Laundry: Gas Or Electric Dryer Hookup
Interior area
- Total structure area: 2,704
- Total interior livable area: 2,704 sqft
Property
Parking
- Parking features: Paver Block
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,756 Square Feet
Details
- Additional structures: None
- Parcel number: 5054018010
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1923
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $481/sqft
- Tax assessed value: $1,093,043
- Annual tax amount: $13,679
- Date on market: 4/21/2025
- Total actual rent: 97692
Price history
| Date | Event | Price |
|---|---|---|
| 3/17/2026 | Listing removed | $4,200$2/sqft |
Source:  CLAW #25629517 Report a problem | ||
| 12/18/2025 | Listed for rent | $4,200$2/sqft |
Source: CLAW #25629517 Report a problem | ||
| 9/15/2025 | Sold | $1,300,000-3.7%$481/sqft |
Source:  CLAW #25527707 Report a problem | ||
| 7/12/2025 | Contingent | $1,350,000$499/sqft |
Source: CLAW #25527707 Report a problem | ||
| 4/21/2025 | Listed for sale | $1,350,000+13.4%$499/sqft |
Source: CLAW #25527707 Report a problem | ||
| 7/19/2022 | Listing removed | -- |
Source: CLAW #22-120061 Report a problem | ||
| 1/19/2022 | Listed for sale | $1,190,000+15.5%$440/sqft |
Source: CLAW #22-120061 Report a problem | ||
| 4/22/2021 | Sold | $1,030,000+21.2%$381/sqft |
Source: Public Record Report a problem | ||
| 12/10/2018 | Sold | $850,000-8.2%$314/sqft |
Source: Public Record Report a problem | ||
| 10/16/2018 | Pending sale | $926,155$343/sqft |
Source: CENTURY 21 Citrus Realty #CV18209406 Report a problem | ||
| 9/12/2018 | Price change | $926,155-5%$343/sqft |
Source: CENTURY 21 Citrus Realty #CV18209406 Report a problem | ||
| 8/28/2018 | Listed for sale | $974,900+116.6%$361/sqft |
Source: CENTURY 21 CITRUS REALTY INC #CV18209406 Report a problem | ||
| 3/3/2008 | Sold | $450,000$166/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,679 +1.1% | $1,107,451 +1.3% |
| 2024 | $13,535 +1.9% | $1,093,043 +2% |
| 2023 | $13,277 +4.8% | $1,071,612 +2% |
| 2022 | $12,665 +17.6% | $1,050,600 +19.9% |
| 2021 | $10,771 -1% | $875,981 +1% |
| 2020 | $10,878 | $867,000 +2% |
| 2019 | $10,878 +257.5% | $850,000 +266.1% |
| 2018 | $3,043 | $232,190 +2% |
| 2017 | $3,043 +2.1% | $227,638 +2% |
| 2016 | $2,981 +3.4% | $223,175 +1.5% |
| 2015 | $2,884 +0.6% | $219,824 +2% |
| 2014 | $2,866 | $215,519 +2.5% |
| 2012 | -- | $210,340 +2% |
| 2011 | -- | $206,216 +0.8% |
| 2010 | -- | $204,675 -0.2% |
| 2009 | -- | $205,162 +2% |
| 2008 | -- | $201,140 +2% |
| 2007 | -- | $197,197 +2% |
| 2006 | -- | $193,332 |
| 2005 | -- | $193,332 +4% |
| 2004 | -- | $185,826 +1.9% |
| 2003 | -- | $182,421 +49% |
| 2002 | -- | $122,421 +4% |
| 2000 | -- | $117,669 |
Find assessor info on the county website
Neighborhood: Adams-Normandie
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Nearby schools
GreatSchools rating
- 8/10Vermont Avenue Elementary SchoolGrades: K-5Distance: 0.4 mi
- 6/10Foshay Learning CenterGrades: K-12Distance: 1.2 mi
- 3/10West Adams Preparatory High SchoolGrades: 9-12Distance: 0.5 mi
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Estimated market value
$1,201,500
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Estimated market value
$1,201,500
- California
- Los Angeles County
- Los Angeles
- 90007
- Adams-Normandie
- 2309 S Budlong Ave
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