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We are proud to present 4501 S. Budlong Avenue, a beautifully remodeled 10-bedroom + 4-bathroom Craftsman residence offering exceptional cash flow just minutes from the University of Southern California. Fully updated in 2025, this turn-key investment combines modern finishes, efficient operations, and strong in-place income in one of South Los Angeles' most rental-driven submarkets.Spanning approximately 3,393 square feet on an oversized 7,751 square foot corner lot, the home has been thoughtfully reimagined throughout. Highlights include quartz countertops, stainless steel appliances, an in-unit washer and dryer, vinyl plank flooring throughout, and individual mini-split systems in every bedroom for personalized comfort and energy efficiency. The spacious, light-filled floor plan and large backyard provide an ideal living environment, while the property's classic Craftsman character adds lasting appeal. Each bedroom is rented individually, generating a total gross monthly income of $12,000 and delivering immediate, stable cash flow from day one. Adding to the upside, a detached shed at the rear of the property presents the opportunity to construct an ADU, allowing a new owner to further increase income and overall asset value over time.Ideally located, the property sits just minutes from USC, the new Lucas Museum of Narrative Art, Exposition Park, the Natural History Museum, the California Science Center, BMO Stadium, and the LA Memorial Coliseum, with convenient access to the Metro Expo Line, Downtown Los Angeles, and major freeways. This combination of location, demand, and connectivity continues to drive strong, year-round tenant interest. Priced at a current 9% cap rate and 8.7x GRM, 4501 S. Budlong Avenue offers a rare blend of turn-key ownership, premium finishes, and high-yield cash flow with built-in upside, an outstanding opportunity in a thriving and rapidly appreciating Los Angeles neighborhood.
Property Type(s):
Residential Income
| Last Updated | 7/11/2026 | Year Built | 1912 |
|---|---|---|---|
| Community | C34 - Los Angeles Southwest | County | Los Angeles |
Price History
| Prior to Jul 11, '26 | $1,315,000 |
|---|---|
| Jul 11, '26 - Today | $1,250,000 |
Additional Details
| APPLIANCES | Dryer, Refrigerator, Washer |
|---|---|
| AREA | C34 - Los Angeles Southwest |
| HEAT | Wall Furnace |
| LOT | 7754 sq ft |
| LOT DIMENSIONS | 55x140 |
| PARKING | Gated, Private |
| STORIES | 2 |
| STYLE | Craftsman |
Location
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Listed with Keller Williams Hollywood Hills
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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