3944 S Budlong Avenue, Los Angeles, CA 90037

• 3 beds
• 5,445 sqft

Property Description

3944 South Budlong is being sold in conjunction with 1135 Leighton Avenue. Both properties must be sold together. The properties are an eight-unit multifamily investment opportunity located in the Exposition Park neighborhood of Los Angeles. Constructed in 2019, the property comprises approximately 10,887 square feet of rentable building area, situated on two parcels totaling 13,776 square feet, zoned RD1.5-1-CPIO. Notably, the property is situated within a federally designated Qualified Opportunity Zone (QOZ), which may provide meaningful tax advantages for eligible investors providing long-term operational flexibility and investment stability in a highly desirable Los Angeles submarket.The property features eight well-designed three-bedroom, three-bathroom apartment units, offering spacious layouts tailored to modern renter demand. Each unit is individually metered for gas and electricity and includes a tankless water heater, providing operational efficiency and cost control. Ownership benefits from minimal utility obligations, as tenants are responsible for water, trash, gas, and electricity expenses. The property is subject to the Los Angeles Rent Stabilization Ordinance (LARSO).Strategically located in Exposition Park, one of Los Angeles' most culturally significant and supp

Listing Status:

Active

Date Added:

March 18, 2026

Data Last Updated:

May 20, 2026 at 12:09PM

Listing Office:

Compass : 310-230-5478

Listing Agent:

John Swartz : 310-779-9929

MLS ID:

CL26665109

Interior

• Laundry: Washer
• Flooring: Laminate
• A/C: Central Air
• Heating: Central

Exterior

• Parking: Parking spaces: 8

Location

• County: Los Angeles

Lot

• Zoning: LARD1.55037021026