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For sale
  • Price cut: $65K (7/11)
    $1,250,000

    4501 S Budlong Ave, Los Angeles, CA 90037

    10beds
    4baths
    3,393sqft
    : 
    $8,443/mo
    Get pre-qualified
    Multi Family
    Built in 1912
    -- sqft lot
    $1,236,200 Zestimate®
    $368/sqft
    $-- HOA

    What's special

    We are proud to present 4501 S. Budlong Avenue, a beautifully remodeled 10-bedroom + 4-bathroom Craftsman residence offering exceptional cash flow just minutes from the University of Southern California. Fully updated in 2025, this turn-key investment combines modern finishes, efficient operations, and strong in-place income in one of South Los Angeles' most rental-driven submarkets.Spanning approximately 3,393 square feet on an oversized 7,751 square foot corner lot, the home has been thoughtfully reimagined throughout. Highlights include quartz countertops, stainless steel appliances, an in-unit washer and dryer, vinyl plank flooring throughout, and individual mini-split systems in every bedroom for personalized comfort and energy efficiency. The spacious, light-filled floor plan and large backyard provide an ideal living environment, while the property's classic Craftsman character adds lasting appeal. Each bedroom is rented individually, generating a total gross monthly income of $12,000 and delivering immediate, stable cash flow from day one. Adding to the upside, a detached shed at the rear of the property presents the opportunity to construct an ADU, allowing a new owner to further increase income and overall asset value over time.Ideally located, the property sits just minutes from USC, the new Lucas Museum of Narrative Art, Exposition Park, the Natural History Museum, the California Science Center, BMO Stadium, and the LA Memorial Coliseum, with convenient access to the Metro Expo Line, Downtown Los Angeles, and major freeways. This combination of location, demand, and connectivity continues to drive strong, year-round tenant interest. Priced at a current 9% cap rate and 8.7x GRM, 4501 S. Budlong Avenue offers a rare blend of turn-key ownership, premium finishes, and high-yield cash flow with built-in upside, an outstanding opportunity in a thriving and rapidly appreciating Los Angeles neighborhood.
    34 days
    |
    264
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Davis Saadian DRE # 01921748 310-402-8958,

    Keller Williams Hollywood Hills 310-623-1300

    Source: CLAW,MLS#: 26850291MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 4
      Heating
      • Wall, Other
      Cooling
      • Wall Unit(s), Other
      Appliances
      • Included: Range/Oven, Refrigerator, Washer, Freezer, Dryer
      • Laundry: Inside
      Features
      • Flooring: Vinyl Plank
      Interior area
      • Total structure area: 3,393
      • Total interior livable area: 3,393 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Gated, Private
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 7,753 Square Feet
      • Dimensions: 55 x 140
      Details
      • Additional structures: Shed(s)
      • Parcel number: 5017015001
      • Zoning: LAR1
      • Special conditions: Standard
      • Other equipment: Other

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Craftsman
      • Property subtype: Multi Family
      Condition
      • Year built: 1912

      Community & HOA

      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $368/sqft
      • Tax assessed value: $315,617
      • Annual tax amount: $4,312
      • Date on market: 6/20/2026

        Estimated market value

        $1,236,200

        $1.17M - $1.30M

        $2,500/mo

        Price history

        DateEventPrice
        7/11/2026Price change$1,250,000-4.9%$368/sqft
        Source: CLAW #26850291 Report a problem
        6/20/2026Listed for sale$1,315,000+78.9%$388/sqft
        Source: CLAW #26850291 Report a problem
        3/27/2026Listing removed$11,500$3/sqft
        Source: CLAW #26669305 Report a problem
        3/25/2026Listed for rent$11,500$3/sqft
        Source: CLAW #26669305 Report a problem
        10/17/2025Sold$735,000+22.7%$217/sqft
        Source: CLAW #25587051 Report a problem
        9/25/2025Pending sale$599,000$177/sqft
        Source: CLAW #25587051 Report a problem
        9/24/2025Listing removed$599,000$177/sqft
        Source: CLAW #25587051 Report a problem
        9/16/2025Listed for sale$599,000$177/sqft
        Source: CLAW #25587051 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,312 +2.3%$315,617 +2%
        2024$4,217 +1.7%$309,429 +2%
        2023$4,147 +4.4%$303,362 +2%
        2022$3,972 +1.8%$297,415 +2%
        2021$3,904 -0.8%$291,584 +1%
        2020$3,936 $288,595 +2%
        2019$3,936 +6.9%$282,937 +2%
        2018$3,683 $277,390 +2%
        2017$3,683 +2%$271,952 +2%
        2016$3,610 +3.4%$266,620 +1.5%
        2015$3,492 +0.7%$262,616 +2%
        2014$3,466 $257,472 +2.5%
        2012-- $251,284 +2%
        2011-- $246,358 +0.8%
        2010-- $244,518 -0.2%
        2009-- $245,100 +2%
        2008-- $240,295 +2%
        2007-- $235,584 +2%
        2006-- $230,965
        2005-- $230,965 +4%
        2004-- $221,998 +1.9%
        2003-- $217,931 +2%
        2002-- $213,659 +4%
        2000-- $205,365
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: South Los Angeles

        Getting around

        81 / 100
        Very Walkable
        61 / 100
        Good Transit
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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