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Listed price in listed location currency (USD).
$2,197,500

12128

MLS® 26665109

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 5445 sqft
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 2019
Avg. Price Per Sqft $403
MLS® Number 26665109

Property Address: 3944 S Budlong Ave, Los Angeles, CA, 90037-1610

Average square foot calculated using Size range provided by listing agent.

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, 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 supply-constrained neighborhoods, the property benefits from strong tenant demand driven by the area's academic, cultural, and employment anchors. Residents enjoy proximity to the University of Southern California (USC), the California Science Center, the renowned museums of Exposition Park, and BMO Stadium, as well as the vibrant USC Village retail and dining corridor.The location offers excellent regional connectivity with convenient access to Downtown Los Angeles, major employment centers, and key transportation corridors, including the I-110 and I- 10 freeways, along with the Metro E Line, providing direct light rail access across the Westside and Downtown. This combination of quality construction, prime location, and strong underlying fundamentals presents investors with a compelling long-term hold opportunity in one of Southern California's most dynamic and evolving multifamily markets. For more information please review the OM in the DOCS section.
MLS® Number26665109
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2019
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 18, 2026List Date
$2,197,500List Price
  • Commute

Commute

Starting Address
Destination Address
3944 S Budlong Ave, Los Angeles, CA

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