11113 1/2 S Budlong Ave Los Angeles, CA 90044
Westmont Neighborhood
5
Beds
3
Baths
1,475
Sq Ft
4,494
Sq Ft Lot
Highlights
- No HOA
- Floor Furnace
- 1-Story Property
About This Home
As of July 2025EXCITING INVESTMENT OPPORTUNITY that should not be overlooked! Welcome to 11113 1/2 S. Budlong Ave, a property with incredible potential for both real estate buyers and investors. The seller is highly motivated and eager to see this property sold. This asset comprises two separate units on one lot: The front unit features 3 bedrooms and 2 baths, while the back unit includes 2 bedrooms and 1 bathroom. Additionally, the lot is spacious enough to accommodate the construction of an Accessory Dwelling Unit (ADU), transforming it into a 3-unit property and substantially increasing its value. According to confirmation from the city, an ADU can be built behind the second unit, which provides even more value for the next buyer. This is a remarkable opportunity for investors to capitalize on the potential and upside that this property offers. Agents, please refer to the agent remarks for further details. SEE AGENT REMARKS
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,453
Year Built
- Built in 1929
Lot Details
- 4,494 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Home Design
- Duplex
Interior Spaces
- 1,475 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Location
- Urban Location
Utilities
- Floor Furnace
- Wall Furnace
- Standard Electricity
Listing and Financial Details
- Tenant pays for all utilities, cable TV, sewer, trash collection, water
- Tax Lot 53
- Tax Tract Number 2871
- Assessor Parcel Number 6076020004
- $1,009 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,680
- Trash Expense $980
- Water Sewer Expense $1,800
- Operating Expense $4,460
- Gross Income $24,220
- Net Operating Income $24,220
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 10, 2025
Closed on
May 30, 2025
Sold by
Jsw Enterprise Llc
Bought by
Kingdom Builders Properties Llc
Seller's Agent
Adlai Hayes
Adlai Hayes
Buyer's Agent
Alex Gallardo
Vida Real Estate
List Price
$630,000
Sold Price
$515,000
Premium/Discount to List
-$115,000
-18.25%
Views
106
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13534.99%
Original Mortgage
$580,500
Interest Rate
6.84%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 3, 2022
Closed on
Jun 13, 2022
Sold by
Gevco Properties Llc
Bought by
Williams Jeffrey Scott
Seller's Agent
Edwin Blanco
CENTURY 21 REALTY MASTERS
Buyer's Agent
Adlai Hayes
Lawson Hayes Realty
List Price
$569,000
Sold Price
$525,000
Premium/Discount to List
-$44,000
-7.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.64%
Original Mortgage
$403,594
Interest Rate
5.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 22, 2011
Sold by
Lunden Goran L
Bought by
Gevco Properties Llc
Similar Homes in Los Angeles, CA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $515,000 | Chicago Title Company | |
| Grant Deed | $525,000 | New Title Company Name | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $580,500 | New Conventional | |
| Previous Owner | $403,594 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2025 07/28/25 | Sold | $515,000 | -18.3% | $349 / Sq Ft |
| 05/26/2025 05/26/25 | For Sale | $630,000 | 0.0% | $427 / Sq Ft |
| 04/22/2025 04/22/25 | For Sale | $630,000 | 0.0% | $427 / Sq Ft |
| 04/11/2025 04/11/25 | Pending | -- | -- | -- |
| 04/10/2025 04/10/25 | Pending | -- | -- | -- |
| 03/29/2025 03/29/25 | Price Changed | $630,000 | -9.4% | $427 / Sq Ft |
| 02/11/2025 02/11/25 | Price Changed | $695,000 | -3.5% | $471 / Sq Ft |
| 01/20/2025 01/20/25 | Price Changed | $720,000 | -3.4% | $488 / Sq Ft |
| 01/13/2025 01/13/25 | Price Changed | $745,000 | +2.8% | $505 / Sq Ft |
| 01/10/2025 01/10/25 | For Sale | $725,000 | +38.1% | $492 / Sq Ft |
| 08/02/2022 08/02/22 | Sold | $525,000 | -0.8% | $350 / Sq Ft |
| 05/19/2022 05/19/22 | Price Changed | $529,000 | -7.0% | $353 / Sq Ft |
| 05/03/2022 05/03/22 | For Sale | $569,000 | -- | $380 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,453 | $546,210 | $384,948 | $161,262 |
| 2024 | $8,453 | $535,500 | $377,400 | $158,100 |
| 2023 | $7,245 | $525,000 | $370,000 | $155,000 |
| 2022 | $2,446 | $125,692 | $52,525 | $73,167 |
| 2021 | $2,418 | $123,229 | $51,496 | $71,733 |
| 2020 | $2,428 | $121,966 | $50,968 | $70,998 |
| 2019 | $2,361 | $119,575 | $49,969 | $69,606 |
| 2018 | $2,305 | $117,232 | $48,990 | $68,242 |
| 2016 | $2,211 | $112,682 | $47,089 | $65,593 |
| 2015 | $2,183 | $110,990 | $46,382 | $64,608 |
| 2014 | $2,192 | $108,817 | $45,474 | $63,343 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Adlai Hayes
Adlai Hayes
(818) 863-0799
2 in this area
5 Total Sales
-
Buyer's Agent in 2025
Alex Gallardo
Vida Real Estate
(760) 488-6019
1 in this area
82 Total Sales
-
E
Seller's Agent in 2022
Edwin Blanco
CENTURY 21 REALTY MASTERS
(562) 806-1000
2 in this area
34 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25006283
APN: 6076-020-004
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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. Properties may or may not be listed by the office/agent presenting the information
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