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$1,350,000
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Property Description
Investor-ready duplex just minutes from USC and Exposition Park, generating $8,141/month in gross rent with tenants paying all utilities. Each spacious unit offers charm, functionality, and substantial in-place income. Owner expenses are minimal, only insurance and exterior security ($66/mo). Prime rental location near DTLA, metro lines, and major commuter routes. Great opportunity for long-term hold or 1031 exchange. Do not miss this high-yield, low-maintenance property in one of LA's most stable rental corridors.
Full Property Details
Full Property Details for 2309 S Budlong Ave
General
- Sold For: $1,350,000
- HOA FEE: $500
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25527707
- Added to Site: 272 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Additional Information
- Other Features: None
Parking
- Garage Description: Driveway - Pavers
Location
- Area: Mid Los Angeles
- County: Los Angeles
- Driving Directions: East of Normandie Avenue, North of Adams Boulevard. Between 23rd St and 24th St.
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Central
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 2,704
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1923
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 2
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 2
- Bedrooms: 4
Unit 2
- Total Bathrooms: 2
- Bedrooms: 4
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1551
- Lot Size: 6755
- Lot Size Source: Vendor Enhanced
- Zoning: LAR2
Financial Considerations
- Price Per Sq. Ft.: $499.26
- Maint. Fee: $500
- Insurance Fee: $200
- Assessment Year: 1923
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5054-018-010
Listed and Sold by New Star Realty, Yun Young Kwag
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Schools
Schools serving 2309 S Budlong Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Vermont Avenue Elementary School 1435 West 27th Street, Los Angeles, CA 90007 | K-5 | 0.4 mi |
Foshay Learning Center 3751 South Harvard Boulevard, Los Angeles, CA 90018 | 6-12 | 1.2 mi |
West Adams Preparatory High School 1500 West Washington Boulevard, Los Angeles, CA 90007 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2309 S Budlong Ave
Date
Details
Price
Change
Source
9/15/2025
Sold
$1,350,000
—
MLS
4/20/2025
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2309 S Budlong Ave, Los Angeles, CA 90007 (MLS# 25527707) is a Multi-Family property that was sold at $1,350,000 on September 15, 2025. Want to learn more about 2309 S Budlong Ave? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

