Date
Details
Price
Change
Source
2/19/2026
Listed
$1,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,850,000 Just Listed
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Property Description
RENTAL INCOME: $187,968.00 per year / $15,664.00 per month. Excellent opportunity to acquire a 16-unit apartment building in the West Adams district of Los Angeles by USC at a $115,625.00 cost per unit and $229.47 cost per square foot. This 8,062 sq. ft. building resides on a 6,801 sq. ft. corner lot which consists of 16 very large studios each with their own separate kitchen area. The property is located one block south of the 10 Freeway on an excellent and quiet stretch of Budlong Ave. at 24th St. and surrounded by single family homes and smaller apartment buildings. The property retains an excellent on-site manager making this a low maintenance asset for savvy investors. The building is well maintained and all units are individually metered for gas and electric with onsite laundry that brings in approximately $425.00 of additional monthly income. This "bread and butter" building has tremendous upside potential and is perfect for the investor looking to add more units in a great area to their portfolio and an excellent opportunity for a 1031 exchange buyer. Potential future student housing. Positioned in the northwest area of the 90007 zip code, 1.8 miles from USC, 2.5 miles from The Crypto.com Arena. CURRENT CAP RATE 6.04 % / CURRENT GRM 9.8 PRO FORMA CAP RATE 11.49 % / PRO FORMA GRM 6.4
Full Property Details
Full Property Details for 2327 S Budlong Ave
General
- Price: $1,850,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26653611
- Updated: 2/19/2026
- Added to Site: 2 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 16
Other Rooms
- Laundry: Community
Additional Information
- Security/Safety: Resident Manager
- Other Features: None
Parking
- Garage Description: None
Location
- Area: Mid Los Angeles
- County: Los Angeles
- Driving Directions: South of the 10 Freeway, East of Normandie Ave., North Of West Adams Blvd.
Heating & Cooling
- Cooling Type: Window Unit(s), Ceiling Fan
- Heating Type: Floor Furnace
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 8,062
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1911
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 16
- Unit Type: 2106
Unit 1
- Total Bathrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1561
- Lot Size: 6801
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 50 x 135
- Lot Features: Corner Lot
- Zoning: LAR2
- Lot Description: Corners Established
Financial Considerations
- Price Per Sq. Ft.: $229.47
- Price Per Unit: 115625
- Assessment Year: 1911
- Owner Pays: Water
- Tenant Pays: Gas, Electricity, Cable TV
Disclosures and Reports
- Disclosures/Reports: As Is, LA/Owner Related
- APN: 5054-018-012
Listed by Ashby & Graff, Billy Rojas
We Value Your Privacy
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Listing agent
— 2327 S Budlong Ave —
Billy Rojas
Ashby & Graff
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 2327 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 | 0.3 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 2327 S Budlong Ave
Tax History
Tax History for 2327 S Budlong Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$24,648
1%
$1,944,302
28%
2024
$24,318
26%
$1,523,306
2%
2023
$19,364
5%
$1,493,450
2%
2022
$18,504
1%
$1,464,179
2%
2021
$18,243
-1%
$1,435,482
1%
2020
$18,415
4%
$1,420,770
2%
2019
$17,720
1%
$1,392,324
2%
2018
$17,621
2%
$1,365,025
2%
2017
$17,214
3%
$1,338,261
2%
2016
$16,764
1%
$1,312,021
2%
2015
$16,531
29%
$1,292,314
36%
2014
$12,782
—
$946,854
—
2013
$12,777
—
$942,575
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2327 S Budlong Ave
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,626Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 2Beds
- 1Total Bath
- 1,176Sq. Ft.
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- Single Family
- Active
- Updated 8 hours ago
- 2Beds
- 2Total Baths
- 1,311Sq. Ft.
- Townhouse
- Active
- Updated 21 hours ago
- 2Beds
- 3Total Baths
- 1,363Sq. Ft.
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2327 S Budlong Ave, Los Angeles, CA 90007 (MLS# 26653611) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 2327 S Budlong Ave is currently listed for $1,850,000 and was received on February 19, 2026. Want to learn more about 2327 S Budlong Ave? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles Southwest? You can browse all Los Angeles Southwest real estate or contact a Coldwell Banker agent to request more information.