4501 S Budlong Avenue
Los Angeles, CA, 90037 $ 1,315,000
Bedrooms10 Baths4.0 Sq 3,393 Monthly Estimate*
$ 8,097
Listed by Keller Williams Hollywood Hills
for $1,315,000 with 10 bedrooms and 4 full baths. This 3,393 square foot home was built in 1912 on a lot size of 0.178.
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 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.
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FeaturesGeneralLiving Area 3393
Heating Wall Furnace
Appliances Refrigerator Dryer Washer
Zoning LAR1
Architectural Style Craftsman
Year Built 1912
Stories Count 2
Levels Two
Gross Income 144000
County Los Angeles
Net Operating Income 111774
New Construction false
Property Type Residential Income
HOA false
Other Structures Shed(s)
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions 4501 S. Budlong Avenue | Los Angeles CA 90037
City Los Angeles
Senior Community Y/N false
Number Of Units Total 1
MLS Area C34 - Los Angeles Southwest
Lot Size Units Square Feet
Lot Size Square Feet 7754
Standard Status Active
Occupancy Type Tenant
Cap Rate 8.5
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InteriorTotal Stories 2
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Inside
Total Bedrooms 10
Total Baths 4
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ExteriorParking Features Gated Private
Total Parking 6
Lot Size Area 7754
Number of Buildings 2
Building Area Total 3393
Lot Dimensions 55x140
Lot Size Acres 0.178
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* Excluded FeaturesList ByKeller Williams Hollywood HillsBroker
davis@saadiangroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,097
- Monthly Property Taxes
- --
- Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,910,019
Percent of Sale Price 45%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/20/2026 | $1,315,000 | | Listed Price |