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… Read More 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 8.5% cap rate and 9x 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. Read Less
Property listed by Keller Williams Hollywood Hills, Davis Saadian 310-259-7556
Listing Snapshot
Days Online
1
Last Updated
Beds
10
Square Ft.
3,393
Lot Size
0.18 Acres
Year Built
1912
MLS Number
26850291
Additional Details
Appliances & Equipment
Refrigerator, Dryer, Washer
Building
Built in 1912, Living area: 3393.0, 2 buildings, 2 stories, Levels: Two
Heating
WallFurnace
Income
Gross Income: $144,000, Net Operating Income: $111,774
Laundry
Inside
Lot
0.178 acres, Dimensions: 55x140
Parking
6 total parking spaces, Gated, Private
Property
Other structures: Sheds
Taxes
Parcel Number: 5017015001, Zoning: LAR1
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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