2302 S BUDLONG Avenue
Los Angeles, CA, 90007
$1,099,000
MLS: 26669991
Beds
4
Baths
2
Sq Ft
2,416
Lot
0.15 ac
Year Built
1903
MLS #
26669991
Days on Market
21
Listed
Mar 26, 2026
Description
Some homes just command the room, and this turn-of-the-century Los Angeles wonder is exactly that. From the moment you step into the grand foyer, you're not just entering a house; you're stepping into a storied legacy that has been perfectly preserved for the next generation of urban visionaries. Whether you are a young professional looking for a soulful retreat or an investor eyeing the high-demand USC rental market, this sprawling estate offers a scale and character that modern builds simply cannot replicate. The journey begins at the foot of a sweeping grand staircase, where original pocket doors pull back to reveal a sun-drenched living room on one side and a stately formal dining room on the other. It's an entertainer's dream, anchored by a tastefully remodeled kitchen featuring a butler's pantry and, for the true connoisseur of quirky, historic details, a secret "noshing" staircase perfect for late-night kitchen raids. As you move upstairs, the home opens up into a large, airy hall leading to four ample bedrooms. Each room is bathed in morning light filtered through beautifully encased original windows, but the true showstopper is the bedroom boasting a private sun deck. From here, you can look out over a lush, verdant backyard teeming with fruit trees, a private orchard in the middle of the city. The location is the ultimate power move. Situated moments from the energy of USC and the high-octane growth of DTLA, you are perfectly positioned to capitalize on the upcoming 2028 Olympics. Imagine being within close proximity to the world-class stadiums and the cultural pulse of Exposition Park before the rest of the world arrives. This isn't just a home; it's a front-row seat to the future of Los Angeles.
Location
Los Angeles, Los Angeles County, CA 90007
Open on Google Maps ↗Listed by: Kenya Reeves-Costa · Compass
Payment estimate
$7,934
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $109,900 · Loan: $989,100
- Principal & Interest
- $6,077
- Property tax (1.25%)
- $1,145
- Homeowners insurance
- $300
- Mortgage insurance
- $412
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $38,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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