2717 S. Budlong Ave is an 8-unit property in University Park, offered at $1,250,000 with approx. 74% rental upside. Built in 1931, the property totals approx. 7,318 SF on a 7,775 SF lot and includes (6) 2-bdrm./1-bath units and (2) 1-bdrm./1-bath units. At $156,250 per unit and $171 per SF, the property is positioned at a relatively accessible basis for an 8-unit building this close to USC and Exposition Park. The 2-story building has the character of a vintage Spanish-style property, with mature landscaping, distinctive architectural details, and 8 on-site parking spaces at the rear. Six of the eight units are 2-bdrm. apartments, giving the property larger floor plans that can work well for roommates, students, or young families. Current monthly income totals approx. $9,569, compared with projected market income of approx. $16,610 per month. That difference represents approx. 74% rental upside, with projected market performance of a 10.87% CAP and 6.27 GRM. Located directly across from Elinor and Don Richardson Family Park, 2717 S. Budlong sits in a residential pocket of University Park approx. 1.1 miles from USC, USC Village, and Exposition Park. That places the property within a compact radius of campus employment, dining, retail, museums, sports, and cultural destinations including the Natural History Museum, California Science Center, LA Memorial Coliseum, BMO Stadium, and the Lucas Museum of Narrative Art. With USC, USC Village, and Exposition Park just over a mile away, 2717 S. Budlong sits close to a concentration of education, employment, culture, and activity that gives the property a meaningful connection to the surrounding area. The larger 2-bdrm. floor plans and substantial rental upside add to a property that feels both residential in character and well positioned for long-term income growth.
Property Details
Price:
$1,250,000
MLS #:
26996775
Status:
Active
Beds:
14
Baths:
8
Type:
Single Family
Neighborhood:
c16midlosangeles
Listed Date:
Oct 5, 2026
Finished Sq Ft:
7,318
Total Sq Ft:
7,318
Lot Size:
7,775 sqft / 0.18 acres (approx)
Year Built:
1931
See this Listing
Schools
Interior
Laundry Features
CM
Levels
U
Exterior
Architectural Style
SPN
Common Walls
_1CW
Direction Faces
E
Parking Spots
8
Parking Total
8
View
NO
Financial
Map
Community
- Address2717 S Budlong AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90007
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Oct 16, 2026
10,173
Single Family Listed
89
Avg DOM
433
Avg $ / SqFt
$1,552,950
Avg List Price
Property Summary
- 2717 S Budlong AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90007. It is listed for $1,250,000 and features 14 beds, 8 baths, and has approximately 7,318 square feet of living space, and was originally constructed in 1931. The current price per square foot is $171. The average price per square foot for Single Family listings in Los Angeles is $433. The average listing price for Single Family in Los Angeles is $1,552,950.
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