6000 S. Budlong Street, LA (90044) is a 6-unit multifamily property located in South Los Angeles. The offering consists of 3 large, single-story, duplex buildings with 5,504 total rentable SF situated on a large (10,881 SF) corner lot. The offering consists of Five- 1 Bedroom +1 Bath Units, & One- 2 Bedroom +1 bath units. Listed at $1,690,000 this offering is priced at $281,667/unit and $307 Per Square foot., a 12.82 market GRM; and a 5.42% market CAP. This property offers a great opportunity for either an investor looking for solid cash flow from Day 1 or an owner-user buyer looking to occupy one of the units. Unique properties like this rarely change hands due to the tenant-friendly layout of the units- it is like each tenant has their own house! Located in a rapidly appreciating South LA submarket (90044), walking distance from Budlong Avenue Elementary as well as John Muir Middle School & 3 miles south of USC, University Park, Banc of California Stadium. With this area’s many new construction projects; existing stadiums/attractions & great proximity to DTLA, this property will not be available long.
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