Major Fixer Opportunity Grand Craftsman with Significant Value-Add Potential near prime USC and DTLA. Substantial two-story Craftsman with a basement offering exceptional scale and architectural presence, ready for a full renovation. Featuring expansive square footage, a wide footprint, and a prominent corner setting, this property presents a rare opportunity for investors, developers, or experienced renovators seeking a major value-add project.Original Craftsman details remain throughout, including a wraparound porch, classic rooflines, dormer windows, and period millwork elements that could be restored or reimagined. The generous layout provides flexibility for redesign, reconfiguration, or potential expansion (buyer to verify) incl 4 car garage. Property requires significant repairs and updates. Ideal for cash buyers or renovation financing. Sold as-is. No credits or repairs will be provided.Strong upside potential for those ready to unlock the full value of this architectural classic.Images include digital enhancements or AI-assisted modifications to illustrate potential. Actual property condition may differ. Buyers to independently verify.
Pending
$999,999
3977 S Budlong Ave, Los Angeles, CA 90037
5beds
3,996sqft
:
Get pre-qualified$6,626/mo
Residential, Single Family Residence
Built in 1905
9,740 Square Feet Lot
$979,000 Zestimate®
$250/sqft
$-- HOA
What's special
Wraparound porchPeriod millwork elementsProminent corner settingGenerous layoutClassic rooflinesWide footprintDormer windows
- 164 days |
- 71 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Isabella Lutzi Luthje DRE # 02105854 310-962-9045,
Sotheby's International Realty 310-454-0080
Source: CLAW,MLS#: 26651087
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Basement, Dining Area, Sun
Heating
- None
Cooling
- None
Appliances
- Laundry: Other
Features
- Breakfast Area, Dining Area, Living Room
- Flooring: Hardwood, Carpet, Engineered Hardwood
- Has basement: Yes
- Number of fireplaces: 2
- Fireplace features: Great Room, Living Room
Interior area
- Total structure area: 3,996
- Total interior livable area: 3,996 sqft
Property
Parking
- Total spaces: 4
- Parking features: On Street, Driveway, Garage - 4+ Car
- Garage spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: Two,Multi/Split
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: City Lights, City
Lot
- Size: 9,740 Square Feet
- Dimensions: 75 x 125
Details
- Additional structures: None
- Parcel number: 5037002001
- Zoning: LARD1.5
- Special conditions: Notice Of Default
- Other equipment: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Residential, Single Family Residence
Condition
- Fixer,Repairs Major,Tear Down
- Year built: 1905
Utilities & green energy
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $250/sqft
- Tax assessed value: $173,297
- Annual tax amount: $2,704
- Date on market: 2/12/2026
Estimated market value
$979,000
$930,000 - $1.03M
$3,560/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/12/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/26/2026 | Price change | $1,025,000-18%$257/sqft |
Source: Owner Report a problem | ||
| 1/20/2026 | Price change | $1,250,000+23.8%$313/sqft |
Source: Owner Report a problem | ||
| 1/4/2026 | Listed for sale | $1,010,000$253/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,704 +1.9% | $173,297 +2% |
| 2024 | $2,654 +1.4% | $169,900 +2% |
| 2023 | $2,618 +3.9% | $166,570 +2% |
| 2022 | $2,519 +2.2% | $163,305 +2% |
| 2021 | $2,464 -0.6% | $160,104 +1% |
| 2020 | $2,480 | $158,463 +2% |
| 2019 | $2,480 +9.8% | $155,357 +2% |
| 2018 | $2,259 | $152,312 +2% |
| 2017 | $2,259 +1.8% | $149,327 +2% |
| 2016 | $2,219 +4.6% | $146,400 +1.5% |
| 2015 | $2,123 +0.3% | $144,202 +2% |
| 2014 | $2,116 | $141,378 +2.5% |
| 2012 | -- | $137,981 +2% |
| 2011 | -- | $135,276 +0.8% |
| 2010 | -- | $134,266 -0.2% |
| 2009 | -- | $134,586 +2% |
| 2008 | -- | $131,948 +2% |
| 2007 | -- | $129,362 +2% |
| 2006 | -- | $126,826 |
| 2005 | -- | $126,826 +4% |
| 2004 | -- | $121,904 +1.9% |
| 2003 | -- | $119,671 +2% |
| 2002 | -- | $117,325 +4% |
| 2000 | -- | $112,772 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: South Los Angeles
Nearby schools
GreatSchools rating
- 3/10Normandie Avenue Elementary SchoolGrades: K-5Distance: 0.6 mi
- 2/10Barack Obama Global Preparation AcademyGrades: 6-12Distance: 1 mi
- 3/10Manual Arts Senior High SchoolGrades: 9-12Distance: 0.3 mi
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