4012 S Budlong Avenue, Los Angeles, California 90037, Los Angeles, 90037 - 4 bed, 2 bath
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Los Angeles, California 90037
This Turnkey Multi-Unit Residence is listed at $948,000, compared to a $824,696 Fair Market Value. Boasting an Excellent Condition Rating, the property features over $100,000 in upgrades, including new hardwood floors, copper plumbing, and a chef’s kitchen. The LAR2 Zoning, permitted 450 sq. ft. Guest House, and covered patio provide exceptional rental demand and lifestyle appeal near USC and Downtown LA. While served by the Los Angeles Unified District, the property’s proximity to the Metro ensures convenience. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4012 S Budlong Avenue Subject | $948,000* List Price | 4 | 2 | 1,440 | $573 | - |
A 1233 W 38th St Sold | $808,000 | 3 | 3 | 1,666 | $485 | 0.5 mi |
B 919 919 1/2 W 49th Pending | $979,900 List Price | 6 | 3 | 1,480 | $662 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations totaling over $100,000, featuring a fully modernized chef's kitchen with Corian countertops and stainless steel appliances, new hardwood flooring throughout, and updated copper plumbing. With a relatively new roof (7 years) and a completely upgraded guest house, the home meets the criteria for excellent condition as all major components and aesthetic features have been recently replaced or refurbished to current standards.
The property features a 4-bedroom main house plus a separate 1-bedroom guest house, offering immediate rental income or multi-generational living options within a high-demand LAR2 zoned lot.
With over $100,000 invested in renovations, the home boasts new copper plumbing, a 7-year-old roof, hardwood floors, and a chef’s kitchen with Corian countertops and stainless steel appliances.
Ideally situated near USC, Downtown Los Angeles, and the Metro, the property provides excellent accessibility to major employment hubs and new retail developments like Trader Joe’s and Target.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The majority of the assigned public schools in the immediate area have low performance ratings (1-3), which may deter families who prioritize high-ranking educational districts.
There is a significant discrepancy between the official 1,440 sq. ft. record and the described 1,920 sq. ft. main house, necessitating buyer due diligence to verify permitted living space.
• DO NOT MISS this property!! Reduced down by $252,000.00 from the original price as the seller wants a quick sale. Welcome this stunning Craftsman-style home located in the heart of a rapidly growing Los Angeles neighborhood—beautifully blending timeless character with modern upgrades.. Seller will also provide the buyer a canopy in the backyard. Seller spent more than $100,000 to upgrade the Main house and guest house. Main House: Zoning is LAR2. This main house is upgraded and features 4 bedrooms, 2 bathrooms, and a BONUS room that would be perfect as an office for studying or a playroom for your kids. The main house has 1,920 sq. ft. of living space and when you step inside you get a open kitchen that boasts a large island, new white Corian countertops, a custom tile accent wall, and stainless-steel appliances including a microwave, stove, refrigerator, washer, and dryer. The open kitchen leads to the living room which includes a statement fireplace for you and your family to enjoy meals or relax. Guest House (450 Sq. Ft.)/4012 1/2 S. Budlong Ave. LA. has 1 bedroom, 1 bathroom, and a full kitchen, fully upgraded inside with new appliances included. Existing permit for 450 sq. ft. ADU. Buyer may be able to expand up to 1,200 sq. ft. with new permits. Buyer to verify., providing excellent value and future income potential. Upgrades Include: New hardwood floors throughout, Fresh interior and exterior paint, new copper plumbing,7years roof, Sprinkler system Washer & dryer hookups, 4 car parking spaces or RV parking. The backyard offers a covered patio—perfect for summer BBQs and family gatherings. Ideally located just seconds from public transportation, Metro, USC, the new Trader Joe’s & Target complex, Downtown LA, and more. Zoned R2 for added development potential.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 0.0 | 74% |
| Baths | 2.0 | 0.0 | 68% |
| Square foot | 1,440 | 2,000 | 11% |
| Lot Size | 6,515 | 5,461 | 84% |
| Price | $948.0K | $940.0K | 53% |
| Price per sq ft | $658 | $392 | 84% |
| Built year | 1907 | 1923 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 69 | 242 | 16% |
Mar 16, 2026
$948,000
$958,000
-1% Price Drop
Initial Listing
Mar 9, 2026
$958,000
$998,000
-4% Price Drop
Initial Listing
Feb 12, 2026
$998,000
Initial Listing
Mar 2, 2018
$585,000
Public Record
Jan 14, 2011
$155,000
Public Record