# 2327 S Budlong Ave, Los Angeles, CA 90007

> **TL;DR:** 0bd/16ba residential multi family, $1,850,000 ($229/sqft), built 1911, 8,062 sqft.
> A/C. Est. $8,017/mo. Listed 50 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,850,000 |
| Price/sqft | $229 |
| Bathrooms | 1 full |
| Square Feet | 8,062 |
| Year Built | 1911 |
| Lot Size | 6,800 sqft (0.16 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 50 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $8,017 |
| **Total** | **$8,017** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1911
- 0.16 acre lot
- 2 stories

## Description

### Agent Description
RENTAL INCOME: $187,968.00 per year / $15,664.00 per month. Excellent opportunity to acquire a 16-unit apartment building in the West Adams district of Los Angeles by USC at a $115,625.00 cost per unit and $229.47 cost per square foot. This 8,062 sq. ft. building resides on a 6,801 sq. ft. corner lot which consists of 16 very large studios each with their own separate kitchen area. The property is located one block south of the 10 Freeway on an excellent and quiet stretch of Budlong Ave. at 24th St. and surrounded by single family homes and smaller apartment buildings. The property retains an excellent on-site manager making this a low maintenance asset for savvy investors. The building is well maintained and all units are individually metered for gas and electric with onsite laundry that brings in approximately $425.00 of additional monthly income. This "bread and butter" building has tremendous upside potential and is perfect for the investor looking to add more units in a great area to their portfolio and an excellent opportunity for a 1031 exchange buyer. Potential future student housing. Positioned in the northwest area of the 90007 zip code, 1.8 miles from USC, 2.5 miles from The Arena. CURRENT CAP RATE 6.04 % / CURRENT GRM 9.8 PRO FORMA CAP RATE 11.49 % / PRO FORMA GRM 6.4

## Location

- **Address:** 2327 S Budlong Ave, Los Angeles, CA 90007
- **County:** Los Angeles
- **Coordinates:** 34.034691, -118.29677
- **Google Maps:** https://www.google.com/maps?q=34.034691,-118.29677

## Listing Agent

- **Name:** Billy Rojas
- **Brokerage:** Ashby & Graff
- **Phone:** 3108569153
- **Email:** williamyesidrojas@hotmail.com

## Primary Photo

![2327 S Budlong Ave - Primary Photo](http://lh.rdcpix.com/0ca559b653ec67f3aa4f275aad3ad192l-f1922543431r.jpg)

*8 total photos available on [listing page](https://www.propertysimple.com/listing/2327-s-budlong-ave-los-angeles-ca-90007-26653611)*

---

**MLS#:** 26653611 | **Updated:** 2026-04-25
**Source:** listhub

*Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/2327-s-budlong-ave-los-angeles-ca-90007-26653611)

---

## Structured Data

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  "@type": "RealEstateListing",
  "name": "2327 S Budlong Ave, Los Angeles, CA 90007",
  "description": "RENTAL INCOME: $187,968.00 per year / $15,664.00 per month. Excellent opportunity to acquire a 16-unit apartment building in the West Adams district of Los Angeles by USC at a $115,625.00 cost per unit and $229.47 cost per square foot. This 8,062 sq. ft. building resides on a 6,801 sq. ft. corner lot which consists of 16 very large studios each with their own separate kitchen area. The property is located one block south of the 10 Freeway on an excellent and quiet stretch of Budlong Ave. at 24th",
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  "datePosted": "2026-04-25",
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```