$1,850,000
2327 S Budlong Avenue, Los Angeles CA 90007
Multi-Family (16 Units)
Property type
106 days
On market
$229
Price per sqft
N/A
Garage
1911
Year built
6,801 sqft
Lot size
Home highlights
Open Houses
Overview
RENTAL INCOME: $187,968.00 per year / $15,664.00 per month. Excellent opportunity to acquire a 16-unit apartment building in the West Adams district of Los Angeles by USC at a $115,625.00 cost per unit and $229.47 cost per square foot. This 8,062 sq. ft. building resides on a 6,801 sq. ft. corner lot which consists of 16 very large studios each with their own separate kitchen...
Listing provided by: Billy Rojas DRE #01395544 310-486-2328, Ashby & Graff
Listing updated: Feb 27, 2026 at 08:18am.
Last checked: Jun 5, 2026 at 08:01pm
Source: CRMLS #26653611
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 16 | 0 | 1 | — | $979 | $15,664 | $24,000 | Unfurnished |
# of Buildings: 1
# of Units Total: 16
Dishwasher: 16
Refrigerator: 16
Rent Control: Yes
Tenant Pays: Cable Tv, Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
9.6x
List Price / Annual Gross Rent
Cap Rate
6.04%
NOI / List Price
Net Operating Income: $111,831
Interior
Heating: Floor Furnace
Appliances: Dishwasher, Refrigerator
Laundry: Common Area
Exterior
Stories Total: 2
Levels: Two
Security Features: Resident Manager
Lot Features: Corners Marked
Garage and Parking
Parking: None
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5054018012
Zoning: LAR2
Lot Size Dimensions: 50x135
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 2327 S Budlong Avenue, Los Angeles, CA 90007. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,480,000
Total Interest
$1,887,658
Total Payment
$3,367,658
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$11,432
per month
Property History for 2327 S Budlong Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90007.
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