2506 S Budlong Avenue Los Angeles CA 90007 MLS #SB24149982

We are pleased to present a 5-unit (4 units + Single Family
Home) property located in the heart of Jefferson Park, just
steps from the USC Patrol Zone. 2 Units will be delivered
Tenant Ready by COE! These spacious units feature new
flooring, high ceilings, and renovated kitchens. Boasting an
excellent unit mix of (3) 2-Bed/1-Bath and (2) 1-Bed/1-BathUnits, this partially renovated asset is ideal for any value-
add investor with strong income.

Priced at $252/Sq Ft, this property will come with two
tenant ready units and an additional 77% in Rental Upside!
With a new roof installed in 2024 and updated Gas and
Sewer lines, this asset comes with very minimal
maintenance requirements, as tenants are responsible for
Gas, Electricity and Trash. Once stabilized, 2506 Budlong
will operate at 6.75 GRM and a 11.70% Pro Forma Cap Rate!
The subject property boasts a "Walk Score" of 88-Making
this a very walkable neighborhood.
The subject property is conveniently located in-between
Downtown Culver City, Downtown Los Angeles and the
city’s metro line. Renters will enjoy the proximity to the 10,
405, and 110 Freeways, making commuting in Los Angeles
a breeze. This is an excellent opportunity to acquire an
investment property with strong day one income and
immense upside.