11242 S Budlong, Los Angeles, California 90044, Los Angeles, 90044 - bed, bath
11242 S Budlong
Los Angeles, California 90044
Property Price
SUMMARY
Analysis of 11242 S Budlong, Los Angeles, California 90044 is currently available with a list price of $825,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property, built in 1957, is described as 'beautifully upgraded,' 'tastefully updated and well maintained,' and a 'truly turnkey investment.' This suggests it is move-in ready with no immediate renovations required, aligning with a 'Good' condition score. However, a definitive assessment of the kitchen, bathrooms, flooring, appliances, and other interior features is not possible as no interior images were provided in the listing. The score is based solely on the strong textual claims of recent upgrades and maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Income-Generating Triplex
The property is a triplex, offering three distinct rental units (3/1, 2/1, 1/1), providing diversified income streams for investors or mortgage offset for owner-occupants.
- Turnkey & Upgraded Condition
Each unit has been 'beautifully upgraded,' 'tastefully updated and well maintained,' presenting a 'truly turnkey investment' with minimal immediate renovation needs.
- Immediate Cash Flow with Occupied Units
With 'dependable tenants already in place in the occupied units,' the property offers immediate cash flow and reduces vacancy risk for the new owner.
CONSRISKS & DEFICIENCIES
- Age of Property (Built 1957)
While upgraded, the 1957 construction year suggests potential for aging core systems (plumbing, electrical, HVAC) that may require future maintenance or upgrades not covered by cosmetic renovations.
- Recent Price Reduction
A recent price drop from $850,000 to $825,000 could indicate initial overpricing or market resistance, potentially signaling a need for further negotiation or a longer time on market.
- Compact Unit Sizes
With a total of 1790 sqft across three units, individual living spaces are likely compact, which might limit the tenant demographic or rental rate potential compared to properties with larger units.
About 11242 S Budlong
Live in one and rent the others! This beautifully upgraded triplex at 11242 S Budlong Ave, Los Angeles is an outstanding opportunity for both investors and owner-occupants.The front unit offers 3 bedrooms and 2 bath, the second unit features 2 bedrooms and 1 bath, and the third unit includes 1 bedroom and 1 bath. Each unit has been tastefully updated and well maintained, creating a truly turnkey investment. With strong rental demand and dependable tenants already in place in the occupied units, this property delivers excellent income potential and immediate cash flow. Conveniently located near schools, parks, shopping, and major freeways, it provides easy access to everything Los Angeles has to offer.Whether you’re looking to offset your mortgage by living in one unit or expand your real estate portfolio, this triplex presents a smart, stable, and income-producing opportunity.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1957
- Lot Size
- 5,794 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,790 | 2,183 | 32% |
| Lot Size | 5,794 | 5,794 | 50% |
| Price | $825.0K | $825.0K | 50% |
| Price per sq ft | $461 | $378 | 79% |
| Built year | 1957 | 1924 | 68% |
| HOA | $0 | $0 | 50% |
| Days on market | 135 | 226 | 16% |
Pricing History
Listed for Sale
Dec 5, 2025
$825,000
$850,000
-3% Price Drop
Initial Listing
Price Change
Oct 22, 2025
$850,000
Initial Listing
Sold
May 25, 2018
$560,000
Public Record
Sold
Apr 4, 2013
$268,000
Public Record