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Off market
  • $1,645,400

    3023 S Budlong Ave, Los Angeles, CA 90007

    12beds
    4baths
    4,680sqft
    MultiFamily
    Built in 1913
    -- sqft lot
    $1,645,400 Zestimate®
    $352/sqft
    $1,106 Estimated rent

    Home value

    $1,645,400

    $1.45M - $1.84M

    $1,106/mo

    Zestimate® history
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    Owner options

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    $1,106/mo

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    $1,106/mo

    Rent Zestimate®

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    $10,438/mo

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    $10,438/mo

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    What's special

    This property must be sold as part of a portfolio with another property situated at 2412 5th Avenue, Los Angeles, California 90018. We are pleased to present a four unit multi-family property located in Los Angeles, California. This fourplex is currently occupied entirely by USC students and serves as student housing. The property is within conveniently walking distance of both USC's campus.Built in 1924, this investment consists of a streamlined unit mix of (4) 3 bedroom / 1 bathroom units that is ideal for student housing. This property offers potential investors reliable and increasing rents unusual for a rent controlled building in Los Angeles County due to the high tenant turnover rate associated with students.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 4
    Cooling
    • Central
    Interior area
    • Total interior livable area: 4,680 sqft

    Property

    Parking
    • Total spaces: 6
    Lot
    • Size: 6,534 Square Feet
    Details
    • Parcel number: 5040023022

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1913

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $352/sqft
    • Tax assessed value: $1,679,431
    • Annual tax amount: $20,686

    Price history

    DateEventPrice
    4/1/2025Listing removed$2,200,000$470/sqft
    Source: CLAW #24-456327 Report a problem
    10/25/2024Listed for sale$2,200,000-9.3%$470/sqft
    Source: CLAW #24-456327 Report a problem
    8/6/2024Listing removed--
    Source: CLAW #24-367617 Report a problem
    5/9/2024Price change$2,425,000-5.8%$518/sqft
    Source: CLAW #24-367617 Report a problem
    3/12/2024Listed for sale$2,575,000+74.5%$550/sqft
    Source: CLAW #24-367617 Report a problem
    10/6/2017Sold$1,476,000-3.2%$315/sqft
    Source: CLAW #17249056 Report a problem
    8/16/2017Pending sale$1,525,000$326/sqft
    Source: Marcus & Millichap #17249056 Report a problem
    7/7/2017Listed for sale$1,525,000+56.4%$326/sqft
    Source: Marcus & Millichap #17249056 Report a problem
    10/17/2012Listing removed$975,000$208/sqft
    Source: First Max Inc #S696292 Report a problem
    7/7/2012Price change$975,000-2.4%$208/sqft
    Source: First Max Inc #S696292 Report a problem
    5/2/2012Listed for sale$998,500+53.6%$213/sqft
    Source: First Max Inc #S696292 Report a problem
    8/30/2010Sold$650,000+30%$139/sqft
    Source: Public Record Report a problem
    7/10/2009Sold$500,000-50%$107/sqft
    Source: Public Record Report a problem
    7/28/2006Sold$1,000,000$214/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$20,686 +1.3%$1,679,431 +2%
    2024$20,419 +1.9%$1,646,501 +2%
    2023$20,030 +4.8%$1,614,218 +2%
    2022$19,110 +1.3%$1,582,568 +2%
    2021$18,861 -1%$1,551,538 +1%
    2020$19,051 $1,535,630 +2%
    2019$19,051 +5%$1,505,520 +2%
    2018$18,151 $1,476,000 +105.7%
    2017$18,151 +100.4%$717,536 +2%
    2016$9,058 +2.8%$703,467 +1.5%
    2015$8,811 +0.8%$692,901 +2%
    2014$8,738 $679,329 +2.5%
    2012-- $663,000 +2%
    2011-- $650,000 -13.3%
    2010-- $750,000 -27.9%
    2009-- $1,040,400 +2%
    2008-- $1,020,000 +2%
    2007-- $1,000,000 +192.6%
    2006-- $341,816
    2005-- $341,816 +4%
    2004-- $328,545 +1.9%
    2003-- $322,524 +2%
    2002-- $316,200 +75.7%
    2000-- $180,000
    Find assessor info on the county website

    Neighborhood: Adams-Normandie

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,645,400
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    Estimated market value
    $1,645,400