4501 S Budlong Avenue, Los Angeles, CA — listing photo 1
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FOR SALE

4501 S Budlong Avenue

Los Angeles, CA 90037
10 Beds
4 Baths
3,393 Sq Ft
Built 1912
$1,250,000
Price ReducedWas $1,315,000 — $1,250,000 (-$65,000)

Property Overview

We are proud to present 4501 S. Budlong Avenue, a beautifully remodeled 10-bedroom + 4-bathroom Craftsman residence offering exceptional cash flow just minutes from the University of Southern California. Fully updated in 2025, this turn-key investment combines modern finishes, efficient operations, and strong in-place income in one of South Los Angeles' most rental-driven submarkets.Spanning approximately 3,393 square feet on an oversized 7,751 square foot corner lot, the home has been thoughtfully reimagined throughout. Highlights include quartz countertops, stainless steel appliances, an in-unit washer and dryer, vinyl plank flooring throughout, and individual mini-split systems in every bedroom for personalized comfort and energy efficiency. The spacious, light-filled floor plan and large backyard provide an ideal living environment, while the property's classic Craftsman character adds lasting appeal. Each bedroom is rented individually, generating a total gross monthly income of $12,000 and delivering immediate, stable cash flow from day one. Adding to the upside, a detached shed at the rear of the property presents the opportunity to construct an ADU, allowing a new owner to further increase income and overall asset value over time.Ideally located, the property sits just minutes from USC, the new Lucas Museum of Narrative Art, Exposition Park, the Natural History Museum, the California Science Center, BMO Stadium, and the LA Memorial Coliseum, with convenient access to the Metro Expo Line, Downtown Los Angeles, and major freeways. This combination of location, demand, and connectivity continues to drive strong, year-round tenant interest. Priced at a current 9% cap rate and 8.7x GRM, 4501 S. Budlong Avenue offers a rare blend of turn-key ownership, premium finishes, and high-yield cash flow with built-in upside, an outstanding opportunity in a thriving and rapidly appreciating Los Angeles neighborhood.

Home Details

Property type
Residential Income
Year built
1912
Living area
3,393 sq ft
Lot size
7,754 sq ft
Parking
6 spaces
Stories
2
Days on market
23
MLS status
Active
Architectural style
Craftsman
Zoning
LAR1

Features & Amenities

Appliances

  • Refrigerator
  • Dryer
  • Washer

Parking

  • Gated
  • Private

Community, Schools & Utilities

Utilities

Heating
WallFurnace
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Location & Neighborhood

4501 S Budlong Avenue

Los Angeles, CA 90037

Frequently Asked Questions About 4501 S Budlong Avenue

Property type: Residential Income

The current asking price is $1,250,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 4501 S Budlong Avenue. Our team will confirm availability and timing.
This 10 bedrooms and 4 bathrooms property offers approximately 3,393 square feet of living space. It was built in 1912. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 23 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Davis Saadian
MLS ID: CLW-C114727

Available property

$1,250,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.