2922 S Budlong Ave Los Angeles, CA 90007

Pleased to present the 10 units at 2992 S Budlong with the following metrics.

Gross income of $216,192. current Cap rate of 4.7%, current 13.8 GRM. 100% paying tenants.

Located within walking distance from USC Campus and & University Village.

The property consists of three 2 bedrooms/1 bath, Three 2 bedroom/2 baths, two 1 bedroom/1 bath and 3 bedroom/3 bathroom unit.

Current ownership has extensively remodeled four of the ten units ground up with new kitchens, new appliances, new bathrooms, new flooring and new lighting. The remodeled units are achieving premium rents.

value-add potential for a new owner to continue renovating the remaining six units to achieve superior returns.

Located in the DPS Patrol Zone. The Property is Separately Metered for Gas, Electric. 10 parking on site spaces.