Los Angeles, CA 90037 5116 S Budlong Avenue

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Presented By: Frank Peters with FRANK PETERS, BROKER; 909-200-8794
  • MLS# CV23131008
  • 07/17/2023
  • Request Tour
  • Request Info
  • BedBeds • 5
  • BathBaths • 4
  • FootageSQFT • 3,632
  • GarageGarage • 2

Home Details

Discover a hidden gem in South Los Angeles! This exceptional Quadroplex unit is situated on one lot with two buildings and is an opportunity not to be missed. Whether you're a savvy investor or seeking a place to call home with rental income, this property has it all. Two of the units have been thoughtfully updated, showcasing modern upgrades and a desirable two-story layout. The upstairs unit features, a spacious 2-bedroom, 1-bath layout with a dining area and a large living room, providing ample space for comfortable living. The downstairs unit offers 1 bedroom and 1 bathroom, perfect for accommodating various living arrangements. Additionally, there are two covered parking spaces available for residents' convenience. Located in a prime location, you'll have easy access to various amenities, schools, parks, and transportation options. Don't miss out on this must-see 4plex. Schedule a viewing today and unlock the potential of this hidden gem!
Presented By: Frank Peters with FRANK PETERS, BROKER; 909-200-8794

Interior Features for 5116 S Budlong Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesWasherHookup, GasDryerHookup
Street SuffixAvenue
Total Stories2

Other Rooms

Entry Level1

General for 5116 S Budlong Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesBiking, Curbs, StreetLights, Sidewalks, Urban
ContingencyProperty is Sold As Is. Seller will not be doing any repairs. All units are occupied on month-to-month rental terms. Seller will not relocate tenants.
CoolingWallWindowUnits
CountyLos Angeles
Days on Market226
DirectionsWest of Vermont Ave., East of Normandie Ave., North of Slauson Ave., South of Martin Luther King Jr. Blvd
Electric Expense0.0
Entry Location1
Fuel Expense0.0
Garage Spaces2.0
Garage Y/NYes
Gross Income0.0
HOA0.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense0.0
Interior FeaturesMainLevelPrimary
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan, Conventional, CalVetLoan, Item1031Exchange, FannieMae, USDALoan, VALoan
Lot Size Square Feet5520.0
MLS Area699 - Not Defined
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Number of Units Leased4
Operating Expense0.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameBudlong
Tax Lot59
Tenant PaysAllUtilities, CableTV, Electricity, Gas, Telephone
Total Units4
Trash Expense0.0
UtilitiesCableConnected, ElectricityAvailable, NaturalGasAvailable, NaturalGasConnected, PhoneAvailable, PhoneConnected, SewerAvailable, SewerConnected, SeeRemarks, WaterAvailable, WaterConnected
ViewNeighborhood
View Y/NYes
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1927
Year Built SourceAssessor
ZoningLAR2

Exterior for 5116 S Budlong Avenue

Building Area Total3632.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem25UnitsAcre
Lot Size Acres0.1267
Lot Size Area5520.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters4
Open Parking Y/NNo
Parking FeaturesOnStreet
SpaNo
Total Parking2.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,100,000
MLS#CV23131008
List Date 07/17/2023
Property Type Multi-Family
Phone 714.964.3311
Request Tour
Request Info
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