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11242 S Budlong, Los Angeles, California 90044, Los Angeles, 90044 - bed, bath

11242 S Budlong, Los Angeles, California 90044 home-pic-0
ACTIVE$825,000
11242 S Budlong, Los Angeles, California 90044
0Bed
0Bath
1,790Sqft
5,794Lot
Year Built
1957
Close
-
List price
$825K
Original List price
$850K
Price/Sqft
$461
HOA
-
Days on market
-
Sold On
-
MLS number
CV25243297
Home ConditionGood
Features
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $825.0K(59th), sqft - 1790(34th), beds - undefined(50th), baths - undefined(50th).

Live in one and rent the others! This beautifully upgraded triplex at 11242 S Budlong Ave, Los Angeles is a perfect opportunity for both investors and owner-occupants. This property offers flexibility and great rental income potential. The front unit features 3 bedrooms and 1 bath, the second unit offers 2 bedrooms and 1 bath, and the third unit includes 1 bedroom and 1 bath. Each unit has been tastefully updated and is well-maintained, making this a truly turnkey investment. With strong rental demand and reliable tenants already in place, you can enjoy immediate cash flow. The property is conveniently located near schools, parks, shops, and major freeways, providing easy access throughout Los Angeles. Whether you’re looking to live in one unit and let the others pay your mortgage or expand your rental portfolio, this triplex is a smart and secure investment choice.

Price History

Date
Event
Price
12/05/25
Price Change
$825,000-2.9%
10/22/25
Listing
$850,000
05/25/18
Sold
$560,000
04/04/13
Sold
$268,000
Condition Rating
Good
The property, built in 1957, is described as 'beautifully upgraded' and 'tastefully updated,' making it a 'turnkey investment.' This suggests significant renovations have occurred, bringing the units to a move-in ready condition. While the exterior images show an older, basic structure, they do not contradict the claim of interior upgrades. However, the absence of interior images, particularly of kitchens and bathrooms, prevents a detailed assessment of the quality, style, and recency of these renovations, or the condition of appliances, flooring, and fixtures. Given the strong descriptive language of recent upgrades and being 'turnkey,' it aligns best with a 'Good' rating, implying extensive renovations within the last 5-15 years, making major systems functional and well-maintained, despite the property's age.
Pros & Cons

Pros

Multi-Unit Income Potential: As a triplex, the property offers diversified income streams and flexibility for owner-occupancy or full investment, catering to both investors and owner-occupants.
Turnkey & Upgraded Condition: Each unit has been 'beautifully upgraded,' 'tastefully updated,' and is 'well-maintained,' presenting a turnkey investment with minimal immediate renovation needs.
Established Rental Income: With 'strong rental demand and reliable tenants already in place,' the property ensures immediate cash flow and reduced vacancy risk for the new owner.
Strategic Location & Accessibility: Conveniently located near schools, parks, shops, and major freeways, enhancing tenant appeal and providing easy access throughout Los Angeles.
Recent Price Adjustment: A recent $25,000 price reduction from the original listing price indicates potential value and seller motivation, offering a more attractive entry point for buyers.

Cons

Property Age: Built in 1957, the property, despite upgrades, may have underlying older infrastructure (e.g., plumbing, electrical) that could require future maintenance or updates not covered by recent cosmetic renovations.
Compact Unit Layouts: The 1-bathroom per unit configuration across all three units (3/1, 2/1, 1/1) and the total square footage of 1790 sqft suggest potentially smaller living spaces, which might limit appeal to certain tenant demographics or larger families.
Standard View: The property offers a 'Neighborhood' view, which is a standard residential outlook and does not provide a premium or unique scenic advantage that could significantly enhance property value or appeal.

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