9 months on rocket

5116 S Budlong Ave, Los Angeles, CA, 90037

$1,100,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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5116 S Budlong Ave, Los Angeles$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
ParkingOn Street
Garage2 spaces
Year Built1927
HeatingWall Furnace
CoolingWall/Window Unit(s)
ViewNeighborhood
MLS #CV23131008
Lot Size0.13 Acres
StatusActive

About 5116 S Budlong Ave

Discover a hidden gem in South Los Angeles! This exceptional Quadroplex unit is situated on one lot with two buildings and is an opportunity not to be missed. Whether you're a savvy investor or seeking a place to call home with rental income, this property has it all. Two of the units have been thoughtfully updated, showcasing modern upgrades and a desirable two-story layout. The upstairs unit features, a spacious 2-bedroom, 1-bath layout with a dining area and a large living room, providing ample space for comfortable living. The downstairs unit offers 1 bedroom and 1 bathroom, perfect for accommodating various living arrangements. Additionally, there are two covered parking spaces available for residents' convenience. Located in a prime location, you'll have easy access to various amenities, schools, parks, and transportation options. Don't miss out on this must-see 4plex. Schedule a viewing today and unlock the potential of this hidden gem!

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Stories: 2

Listing Office:

  • Office Name: FRANK PETERS, BROKER
  • Office Phone: (909) 200-8794
  • Listing Agent: Frank Peters

Interior Features

Interior Information:

  • Interior: Main Level Primary

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Parking Information:

  • Garage Space: 2 spaces
  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • John Muir Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Fifty-Second Street Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: West of Vermont Ave., East of Normandie Ave., North of Slauson Ave., South of Martin Luther King Jr. Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000

Tax Information:

  • Annual Amount: $8,549
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

5116 S Budlong Ave vs Los Angeles

293 DAYS ON ROCKET

+259 Days

$1,100,000

+$113.5K More

KEY TAKEAWAY

This property is $113.5K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #CV23131008

Listing Office:

  • Office Name: FRANK PETERS, BROKER
  • Office Phone: (909) 200-8794
  • Listing Agent: Frank Peters

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 5:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 12, 2017Home Sold
$635,000
Sep 13, 2001Home Sold
$191,000
Oct 19, 1989Home Sold
$200,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,549$680,846
2020$8,301$673,865
2019$8,171$660,653
2018$6,558$647,700
2017$6,558$514,080

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6592925
3
/10

  • Fifty-Second Street Elementary School

  • 816 W 51st St

  • 0.44 miles

  • Public District Grades KG-5

school-card-donut-6592926
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 6.72 miles

  • Public Magnet Grades KG-6

school-card-donut-6592927
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 19.49 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-6592928
2
/10

  • John Muir Middle School

  • 5929 S Vermont Ave

  • 0.70 miles

  • Public Magnet Grades 6-8

school-card-donut-6592929
4
/10

  • Studio

  • 2211 W Avenue 30

  • 8.21 miles

  • Public District Grades 6-8

High School

school-card-donut-6592930
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 5.58 miles

  • Public Magnet Grades 9-12

school-card-donut-6592931
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 17.91 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,196. Typical income of Los Angeles, CA residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90037›5116 S Budlong Ave

This home is located at 5116 S Budlong Ave in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This home, which was built in 1927, sits on a 0.13 acre lot. It has been listed on Rocket Homes since July 17, 2023 and is currently priced at $1,100,000.

In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. While the average time on the market in April 2024 was 34 days, the median list price was $986,427.

From Rocket Homes Real Estate and based on county public records data.

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