NOT LISTED FOR SALE

10517 S Budlong Ave Los Angeles, CA 90044

Westmont Neighborhood

Estimated Value: $786,000 - $860,995

4 Beds
4 Baths
2,016 Sq Ft
$407/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $435,000 $216 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $5,217/month

20 Days on Market

Highlights

  • Fenced Yard
  • Back and Front Yard
  • 1-Story Property
  • Ceiling Fan

About This Home

As of May 2016

A wonderful investment opportunity awaits you! POSITIVE CASH FLOW$$$$. Four units featuring 1 bedroom, 1 bathroom each. Building amenities include 4 parking spaces in the rear, separate hot water heaters, separate gas & electric meters and a fully fenced yard. Owner has kept all units in good condition and all rented to section 8 tenants. Rents are accurate and are not projected. NO RENT CONTROL. Property is located just west of Vermont and south of Century Blvd. Easily accessible to the 110 and 105 freeways and just a short drive to USC, downtown Los Angeles and the future new football stadium next to the Forum. Also close to public transportation, churches, schools and retail.

Last Agent to Sell the Property

Carolyn Bryant

Carolyn Bryant License #00911667 Listed on: 04/27/2016

Last Buyer's Agent

Kyle Young

License #01902695

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,192

Year Built

  • Built in 1928

Lot Details

  • 8,131 Sq Ft Lot
  • Fenced Yard
  • Fenced
  • Back and Front Yard
  • Property is zoned LCR320U*

Interior Spaces

  • 2,016 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 6060-012-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,192

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2016
  • Stories: 1
  • Year Built: 1928
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Common Walls: Attached, Detached/No Common Walls
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 226.19

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 4

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall Gas
  • Water Expense: 2400.00

Fee Information

  • Insurance Expense: 1300.00
  • Maintenance Expense: 865.00
  • Management Expense: 3972.00

Lot Info

  • Assessed Improvement Value: 43978
  • Assessed Land Value: 31072
  • Assessor Parcel Number: 6060-012-020
  • Geocode Override: No
  • Lot Description: Alley Paved, Back Yard, Fenced, Fenced Yard, Front Yard, Sidewalks, Street Asphalt
  • Lot Location: Alley Access
  • Lot Size Area: 8131

Rental Info

  • Owner Pays: Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 9.20
  • Number Of Units: 4
  • Total Annual Expense: 12309
  • Type Of Units: different
  • Vacancy Rate: 0%

Tax Info

  • Tax Expense: 3172.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2016
Closed on
May 19, 2016
Sold by
Brooks William and Brooks Emily D
Bought by
La Venta Eio Lp
Seller's Agent
Carolyn Bryant
Carolyn Bryant
Buyer's Agent
Kyle Young
List Price
$456,000
Sold Price
$435,000
Premium/Discount to List
-$21,000
-4.61%
Current Estimated Value
$832,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,175
Avg. Annual Appreciation
7.14%
Original Mortgage
$30,000,000
Outstanding Balance
$24,059,358
Interest Rate
3.64%
Mortgage Type
Commercial
Estimated Equity
-$23,238,109

Purchase Details

Closed on
May 31, 1997
Sold by
Brooks William and Brooks Emily D
Bought by
Brooks William and Brooks Emily D
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
La Venta Eio Lp $435,000 Title 365
Brooks William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open La Venta Eio Lp $316,000
Closed La Venta Eio Lp $315,000
Open La Venta Eio Lp $30,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2016 05/31/16 Sold $435,000 -4.6% $216 / Sq Ft
05/17/2016 05/17/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $456,000 -- $226 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,192 $514,945 $396,568 $118,377
2024 $8,192 $504,849 $388,793 $116,056
2023 $7,730 $494,951 $381,170 $113,781
2022 $7,415 $485,247 $373,697 $111,550
2021 $7,352 $475,733 $366,370 $109,363
2020 $7,400 $471,216 $362,614 $108,602
2019 $7,153 $461,984 $355,504 $106,480
2018 $7,035 $452,934 $348,534 $104,400
2016 $2,531 $76,193 $31,545 $44,648
2015 $2,504 $75,050 $31,072 $43,978
2014 $2,523 $73,581 $30,464 $43,117
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Carolyn Bryant

    Carolyn Bryant

    (323) 363-4853

    12 Total Sales

    Section Image

  • K

    Buyer's Agent in 2016

    Kyle Young

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Map

Source: The MLS

MLS Number: 16-120244

The MLS

APN: 6060-012-020

California Los Angeles County Los Angeles 90044 Westmont

10517 S Budlong Ave, Los Angeles, CA

This home is located at 10517 S Budlong Ave, Los Angeles, CA 90044 since 27 April 2016 and is currently estimated at $821,249, approximately $407 per square foot. This property was built in 1928. 10517 S Budlong Ave is a home located in Los Angeles County with nearby schools including Woodcrest Elementary School, George Washington Preparatory High School, and Teach Academy Of Technologies.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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