4012 S Budlong Avenue
Los Angeles, CA, 90037
$948,000
MLS: RS26032398
Beds
5
Baths
3
Sq Ft
2,370
Lot
0.15 ac
Year Built
1907
MLS #
RS26032398
Days on Market
58
Listed
Feb 12, 2026
Description
• 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.
Location
Los Angeles, Los Angeles County, CA 90037
Open on Google Maps ↗Listed by: Jeannie Lee · Jeannie Lee Realty Inc.
Payment estimate
$6,885
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $94,800 · Loan: $853,200
- Principal & Interest
- $5,242
- Property tax (1.25%)
- $988
- Homeowners insurance
- $300
- Mortgage insurance
- $356
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 $33,180 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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