2820 S Budlong Avenue, Los Angeles, California 90007, Los Angeles, 90007 - bed, bath

ACTIVE$990,000
2820 S Budlong Avenue, Los Angeles, California 90007
0Bed
0Bath
2,440Sqft
5,535Lot
Year Built
1921
Close
-
List price
$990K
Original List price
$1.2M
Price/Sqft
$406
HOA
-
Days on market
-
Sold On
-
MLS number
DW24247353
Home ConditionPoor
Features
View-
About this home
We found 4 Cons,5 Pros. Rank: price - $990.0K(20th), sqft - 2440(40th), beds - undefined(50th), baths - undefined(50th).
Real Opportunity to own a Duplex in the heart of Los Angeles, close to USC Village and USC. This property features 2 Units, perfect for 2 Families or investors. The front house has 3 Bedrooms but currently used as a 6 Bedrooms 2 Baths. New floors and paint Second unit has 2 Bedrooms but currently used as a 3 Bedroom home. New carpet in stairs and bedrooms. Two separate buildings with an alley, outdoor area, long driveway, 2 car garage, and immediate occupancy, makes this property an attractive opportunity for a large Family or investors.
Price History
Date
Event
Price
09/25/25
Sold
$998,000
Condition Rating
Poor
Built in 1921, the property has received recent cosmetic updates (new floors, paint, carpet in some areas) which make certain rooms appear fresh. However, the kitchens and bathrooms are significantly outdated with older cabinets, countertops, and tile work, requiring substantial renovation to meet modern standards. The presence of a window AC unit suggests a lack of central cooling, and given the age, major systems (electrical, plumbing, HVAC) are likely original or very old, indicating a need for significant rehabilitation beyond cosmetic improvements.
Pros & Cons
Pros
Prime Location & Rental Demand: Situated in the heart of Los Angeles, its proximity to USC Village and USC ensures strong rental demand, particularly from students and university staff, making it an attractive investment.
Income-Generating Duplex: As a duplex with two separate units, it offers immediate income potential for investors or flexible living arrangements for multi-generational families.
High Occupancy Potential: The units are currently configured for higher bedroom counts (6 beds/2 baths in front, 3 beds in rear), maximizing potential rental income or accommodating a large family.
Recent Cosmetic Updates: The property benefits from recent cosmetic improvements, including new floors, paint, and carpet, enhancing its appeal and reducing immediate tenant turnover costs.
Practical Amenities & Immediate Occupancy: Features such as two separate buildings, an outdoor area, a long driveway, a 2-car garage, and immediate occupancy add significant value and convenience for owners or tenants.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-09-25. The sold price is $998,000.00.
Age & Potential System Obsolescence: Built in 1921, the property is likely to have original or outdated major systems (plumbing, electrical, HVAC, roof) that may require significant capital expenditure in the near future.
Potential for Unpermitted Conversions/Overcrowding: The description notes units are 'currently used as' higher bedroom counts, which could imply unpermitted modifications or potential code compliance issues, and may lead to accelerated wear and tear.
Lack of Detailed Renovation Scope: While cosmetic updates are mentioned, the description lacks specifics on major system upgrades, leaving uncertainty about the overall condition and potential future maintenance costs.












