14
See all 14 photos
$1,315,000
Est. payment /mo
10 Beds
4 Baths
3,393 SqFt
New
4501 S Budlong AVE Los Angeles, CA 90037
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,393 sqft
Price per Sqft $387
MLS Listing ID 26850291
Bedrooms 10
HOA Y/N No
Year Built 1912
Lot Size 7,753 Sqft
Property Description
We are proud to present 4501 S. Budlong Avenue, a beautifully remodeled 10-bedroom + 4-bathroom Craftsman residence offering exceptional cash flow just minutes from the University of Southern California. Fully updated in 2025, this turn-key investment combines modern finishes, efficient operations, and strong in-place income in one of South Los Angeles' most rental-driven submarkets.Spanning approximately 3,393 square feet on an oversized 7,751 square foot corner lot, the home has been thoughtfully reimagined throughout. Highlights include quartz countertops, stainless steel appliances, an in-unit washer and dryer, vinyl plank flooring throughout, and individual mini-split systems in every bedroom for personalized comfort and energy efficiency. The spacious, light-filled floor plan and large backyard provide an ideal living environment, while the property's classic Craftsman character adds lasting appeal. Each bedroom is rented individually, generating a total gross monthly income of $12,000 and delivering immediate, stable cash flow from day one. Adding to the upside, a detached shed at the rear of the property presents the opportunity to construct an ADU, allowing a new owner to further increase income and overall asset value over time.Ideally located, the property sits just minutes from USC, the new Lucas Museum of Narrative Art, Exposition Park, the Natural History Museum, the California Science Center, BMO Stadium, and the LA Memorial Coliseum, with convenient access to the Metro Expo Line, Downtown Los Angeles, and major freeways. This combination of location, demand, and connectivity continues to drive strong, year-round tenant interest. Priced at a current 8.5% cap rate and 9x GRM, 4501 S. Budlong Avenue offers a rare blend of turn-key ownership, premium finishes, and high-yield cash flow with built-in upside, an outstanding opportunity in a thriving and rapidly appreciating Los Angeles neighborhood.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LAR1
Rooms
Other Rooms Shed(s)
Interior
Heating Wall Furnace
Fireplace No
Appliance Refrigerator, Dryer, Washer
Laundry Inside
Exterior
Parking Features Gated, Private
Total Parking Spaces 6
Building
Story 2
Entry Level Two
Architectural Style Craftsman
Level or Stories Two
Additional Building Shed(s)
New Construction No
Others
Senior Community No
Tax ID 5017015001
Special Listing Condition Standard
Listed by Davis Saadian Keller Williams Hollywood Hills #01921748
NEARBY SCHOOL & BUSINESS