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3568 S Budlong Avenue — Los Angeles — 11 Beds • 6 Baths • 5,259 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+16 more

$1,598,000

71 DOM

$304/sqft11 bd6 ba5,259 sqft

Call

3568 S Budlong Ave Los Angeles, CA 90007

5,203sqft lot

Proudly presenting this splendid 6-unit apartment building for sale in the heart of USC LA. Exceptional investment opportunity with substantial potential. Location, location, location!!! Superbly located smack dab within the USC DPS-designated University Park Campus Patrol Zone, subject property sits just minutes walking distance away from USC West Gate. Brand new sixth unit has been constructed as of January 2026, adding two spacious bedrooms and a full bath, in addition to a private laundry area; of course, this freshly built unit also includes brand new appliances as well. Two other units have been beautifully and contemporarily remodeled, with each unit boasting new features including laminate/tile flooring, cabinets/countertops/backsplash, appliances, in addition to their own private, stackable washer & dryer. Considerable rental upside still remains in three units that have yet to be remodeled. Half of the units are bringing in below-market rent, so the upside and potential are tantalizing. All water lines have been immaculately re-piped with copper piping. Easy maintenance and low upkeep costs are just the cherries-on-top.

MLS 23246961

213-503-8070 (Office) 213-503-8070 (Cell) mjskre@gmail.com

Est. payment

$10,211/mo

Principal & interestTaxesInsurance

$8,080$1,665$466

Down %

Rate %

Years

Down payment: $319,600 · Total cost: $3,228,529

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$10,211/mo

Principal & interest: $8,080
Est. property tax: $1,665
Est. insurance: $466
Down payment: $319,600

Est. gross rent$6,658/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-3,553/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Feb 3, 2026	$1,690,000	—

Facts & Features

Transaction Data

▼Price Reduced from $1,690,000 (−$92,000)

Structure & Property

Year Built1965

213-503-8070 (Office) 213-503-8070 (Cell) mjskre@gmail.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

3568 S Budlong Avenue, Los Angeles, CA 90007

Get Directions

Call

3568 S Budlong Ave Los Angeles, CA 90007

About this home

MiJeong Kim

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

MiJeong Kim

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

3568 S Budlong Avenue, Los Angeles, CA 90007

About This Property

Property Photos

3568 S Budlong Ave Los Angeles, CA 90007

About this home

MiJeong Kim

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

MiJeong Kim

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.