Under ContractSingleFamilyResidence

2302 S BUDLONG Avenue

Los Angeles, CA, 90007

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$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

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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
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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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