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3620 S Budlong Ave, Los Angeles, CA, 90007

9beds
3baths
4,418sqft
$2,500,000
$566price/sqft
$15,582/moest. monthly cost
$623,280/yrincome needed

About This Home

5-units residential income property located two blocks away from USC West gate, within the University's 24 hours DPS patrol zone. All units are consists of 3 beds, 1 bath. 3 units have been remodeled, all units are equipped with in-unit laundry hookups, window unit air conditioners, and laminate wood flooring. Subject property is security gated, it has a huge lot and plenty of parking spaces. Current income is below threshold with upside potentials and possibilities to add multiple ADU's or rebuild as a much larger apartment complex. Buyer to verify with the City for all building and zoning requirements.

Getting Around

76
WalkingVery Walkable
66
TransitGood Transit
82
BikeVery Bikeable

Schools

6/10
Foshay Learning CenterGrades K-120.7 mi
3/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1956

Materials

  • Construction materials: Drywall

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Free-Standing Range,Refrigerator,Water Heater,Dryer,Washer
  • Laundry features: Washer Hookup,In Kitchen,Stacked

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 3

Features

  • Flooring: Laminate
  • Fireplace features: None
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 4,418
  • Total interior livable area: 4,418 sqft

Property

Details

  • Parcel number: 5040017019
  • Attached to another structure: Yes
  • Zoning: LARD1.5
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Spa features: None
  • Fencing: Good Condition,Wrought Iron
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 9,652 sqft

Parking

  • Total spaces: 8
  • Parking features: Private,One Space

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingVery High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $12,641$151,692
Home Insurance *$599$7,188
Property Taxes $1,395$16,740
Electricity $947$11,368
Total$15,582$186,984
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$534,240/yr
40% on housing$467,460/yr
45% on housing$415,520/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$566This listing

vs Other Active Listings

Avg $/sqft

ZIP 90007$452
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90007$506
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-12Listed for sale$2,500,000
2016-11-16Listing removed$2,550
2016-06-15Listing removed$2,250
2016-03-14Listing removed$2,500
2016-02-12Listed for rent$2,500
2015-08-22Listing removed$850
2015-08-16Listed for rent$850
2013-07-30Listing removed$1,450,000
2013-07-20Pending sale$1,450,000
2013-06-20Listed for sale$1,450,000

For Sale by Agent

AgentJosephine Yang
BrokerageColdwell Banker Realty

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