2717 S Budlong Avenue, Los Angeles, CA 90007

• 7,318 sqft

Property Description

2717 S. Budlong Ave is an 8-unit property in University Park, offered at $1,250,000 with approx. 74% rental upside. Built in 1931, the property totals approx. 7,318 SF on a 7,775 SF lot and includes (6) 2-bdrm./1-bath units and (2) 1-bdrm./1-bath units. At $156,250 per unit and $171 per SF, the property is positioned at a relatively accessible basis for an 8-unit building this close to USC and Exposition Park.The two-story building has the character of a vintage Spanish-style property, with a landscaped street presence, mature greenery, distinctive architectural details, and 8 on-site parking spaces at the rear. Six of the eight units are 2-bdrm. apartments, giving the property a unit mix that can work well for roommates, students, or young families. Current monthly income totals approx. $9,569, compared with projected market income of approx. $16,610 per month. That difference supports approx. 74% rental upside, with projected market performance of a 10.42% CAP and 6.27 GRM. Located directly across from Elinor and Don Richardson Family Park, 2717 S. Budlong sits in a residential pocket of University Park just over a mile from USC, USC Village, and Exposition Park. USC, USC Village, and Exposition Park are all approx. 1.1 miles away, placing campus employment, dining, retail, museums, sports, and major cultural destinations within a compact radius. Exposition Park includes the Natural History Museum, California Science Center, LA Memorial Coliseum, BMO Stadium, and the Lucas Museum of Narrative Art, while USC and USC Village bring year-round student, faculty, employment, and neighborhood activity to the surrounding area. 2717 S. Budlong Ave brings together a predominantly 2-bdrm. unit mix, substantial rental upside, and a location closely tied to both USC and Exposition Park. With current rents well below the market rents shown in the property's underwriting, there is also a clear path for income to grow over time.

Listing Status:

Active

Date Added:

October 4, 2026

Data Last Updated:

October 10, 2026 at 5:09AM

Listing Office:

Compass : 310-230-5478

Listing Agent:

Max Berger : 818-321-4972

MLS ID:

CL26996775

Interior

• Laundry: Common Area

Exterior

• Parking: OtherUncovered Parking Space

Location

• County: Los Angeles

Lot

• Zoning: LAR35054015017
• View: None