ActiveResidential · sale

2915 S Budlong Avenue

Los Angeles, CA 90007

$1,199,000

  • 2 beds
  • 2 baths
  • 2,237 sq ft
  • 0.15 acres
  • Built 1908

Listed by Character Homes · MLS #26870957

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2915 S Budlong Avenue, Los Angeles, CA 90007 · MLS #26870957

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1908.

Property size

0.15 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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Featured in Dwell, The A.C. Tobias Residence: A designated Los Angeles Historic-Cultural Monument and a remarkable expression of early Arts & Crafts design. Designed in 1908 by the architectural partnership of George J. Webster and Neal Dow Barker as the personal residence of developer Archibald Clark Tobias, the home was built during Los Angeles' transformation from a landscape of orange groves and farmland into a growing metropolis. Today, it stands as an enduring example of the craftsmanship, materials, and thoughtful design that defined the era.Beyond the deep front porch, richly stained woodwork, leaded glass windows, box-beam ceilings, built-in cabinetry, and period lighting create a sequence of spaces defined by warmth, scale, and craftsmanship. Thick square columns frame the formal living and dining rooms, while a handsome brick fireplace flanked by built-in bookcases anchors the heart of the home. Throughout, original millwork and thoughtfully composed sightlines speak to the home's architectural pedigree. Over the years, the current owners have undertaken a stewardship-minded restoration that honors the home's historic character while enhancing daily living. The kitchen was thoughtfully reimagined with custom millwork cabinetry, African mahogany counters, a copper sink, unlacquered brass fixtures, vintage lighting, and a restored vintage refrigerator. Nearby, the laundry room was rebuilt with custom cabinetry, period-appropriate hardware, and the restoration of the home's original 1908 utility sink.The home's bathrooms offer a compelling dialogue between preservation and thoughtful evolution. A charming guest bath retains its vintage character with restored wood detailing and classic proportions, while the architect-designed primary suite introduces a beautifully executed en-suite bath whose materials and craftsmanship pay homage to the home's Arts & Crafts roots.Outside, drought-tolerant gardens, herringbone brick pathways, a rebuilt rear deck, and extensive infrastructure improvements reflect the same level of care found indoors. A detached studio provides flexible space for creative pursuits, a home office, fitness studio, or workshop.Ideally positioned near Exposition Park, USC Village, Mercado La Paloma and Michelin-starred Holbox, the residence enjoys convenient access to DTLA, Culver City, West Adams, and some of Los Angeles' most exciting cultural and culinary destinations. Trader Joe's, Whole Foods, neighborhood cafes, parks, museums like the Lucas Museum of Narrative Art, which is opening later this year and everyday conveniences are all within easy reach. Along with local favorites including Picala, Johnny's Pastrami, Highly Likely, Vicky's All Day, Cento, Cento Raw Bar, Alta, Damn I Miss Paris, Fleur et Sel, and Chulita. Outdoor enthusiasts will appreciate nearby Kenneth Hahn State Recreation Area, offering scenic hiking trails and panoramic views. Together, these amenities create a lifestyle that pairs historic architecture with the best of contemporary Los Angeles living.

Upcoming open houses

–11:00 pm · Confirm the schedule with the listing team.

THE NEIGHBORHOOD

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2915 S Budlong Avenue, Los Angeles, CA 90007

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1908
Full baths
2
Half baths
0
Cooling
None
Appliances
Dishwasher,Oven,Range,Refrigerator,RangeHood,Dryer,Washer
Flooring
Wood
Pool
No
Pool features
None
Spa
No
Zoning
LAR2
Parcel
5054014013

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$4,995.83
Cap rate

Annual operating income:

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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  1. Understand the opportunity.

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  2. Make a strong first impression.

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  3. Stay connected to your investment.

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Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #26870957 · California Regional MLS

Listing brokerage: Character Homes
Listing agent: Jose Prats

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.