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2871 Budau Ave, Los Angeles, CA 90032
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2871 Budau Ave Los Angeles, CA 90032

$1,080,000
  • 5 Beds
  • 2 Baths
  • 1,783 Sq.Ft.
For Sale
$1,080,000 Get Pre-Qualified
Map preview of 2871 Budau Ave, Los Angeles, CA 90032

Property Overview: 2871 Budau Ave Los Angeles, CA has 5 bedrooms, 2 bathrooms, 1,783 living square feet and 4,792 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Discover this fantastic income property located in the desirable city of El Sereno. This well-maintained residential property features two separate units, ideal for future multi-generational living or rental income opportunities. Front House: This inviting unit offers beautiful hardwood floors. 3 spacious bedrooms and 1 bathroom. All bedrooms come with mirrored wardrobe closets, providing practicality. 1 bedroom has a sliding door leading to the patio/carport area. The interior has been painted and features modern ceiling fans throughout for added comfort. The kitchen showcases newer quartz countertops and a stainless-steel range hood, blending style with functionality. Additionally, there are convenient laundry hookups located within the kitchen area. The property has gated parking which can be a bonus. Second House: The second unit is a cozy 2-bedroom, 1-bathroom home. The kitchen features granite counters, a ceiling fan, lots of natural light and enough space for a breakfast table. Bedrooms each have a ceiling fan and mirrored closet doors. The bathroom has the nostalgic terrazzo flooring and accents of terrazzo in the shower/tub as well. Laundry hook-ups are outside under a covered patio. The property includes gated parking for up to two cars, for convenience. This property is centrally located in close proximity to the 710 and 10 freeways. Just minutes to Cal State University and USC Medical Center. A short commute to popular locations such as Chinatown, downtown LA and Pasadena’s vibrant and trendy old town. This versatile income property in El Sereno offers modern amenities and practical living solutions, making it an excellent investment opportunity. Don’t miss out on this chance to own a piece of this vibrant community!

Listed by Jeannette Arias | BRE #01478157 | THE ASSOCIATES REALTY GROUP
Last checked: 12 minutes ago | Last updated: September 11th, 2024 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
4,792
HOA Dues
$0/mo
Year built
1952
Garage
--
Property Type:
Duplex
Status
Active
MLS#
CV24180777
City
Los Angeles
County
Los Angeles
Time on Site
8 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,395
  • Total Rent: $2,395
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,675
  • Total Rent: $2,675
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $60,840
  • Net Operating Income: $58,310
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,310
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $958
  • Trash: $0
  • Gardener: $780
  • Insurance: $1,571
  • Water/Sewer: $0

Open Houses for 2871 Budau Ave

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Property Details for 2871 Budau Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Kitchen, Outside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Wood
  • Kitchen, Living Room
Interior Features
  • Ceiling Fan(s)
  • Window Features: Screens
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Landscaped, Patio Home
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5217007018
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Raised
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Exit Fremont Ave from the 10 fwy head north and turn left on W. Mission Rd. Mission turns into Alhambra Ave. turn right on Bullard Ave. then left on Chester St. and left on Budau Ave. Property will be on your right hand side.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 2871 Budau Ave

Last sold on April 12th, 2005

  • September, 2024

  • Sep 10, 2024

    Date

    Active

    CRMLS: CV24180777

    $1,080,000

    Price

  • April, 2005

  • Apr 12, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2871 Budau Ave

Assessed Value (2020): $54,408
Year Land Value Improved Value Assessed Value
2020 $16,105 $38,303 $54,408

Home Value Compared to the Market

This property vs the competition

2871 Budau Ave is listed 10% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $605.72 per/sqft which puts the price per square foot 21.13% lower than the median price per square foot for the city of Los Angeles.

About 2871 Budau Ave

Detailed summary of property

2871 Budau Ave is a duplex located in Los Angeles, CA 90032 and is currently for sale. This duplex offers 5 bedrooms, 2 bathrooms, roughly 1,783 living square feet, and sits on an approximately 4,792 square foot lot. 2871 Budau Ave was first listed on ArdentRealEstateGroup.com on September 11, 2024. The homeowner is currently asking $1,080,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 10% lower than the median priced home. Local competing homes currently for sale include 1178 Buelah Ave, 1572 Ricardo St and 1441 Murchison St. While the average home in Los Angeles, CA is selling in 106 days, 2871 Budau Ave has a days on market of 9 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 2871 Budau Ave Los Angeles, CA 90032 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2871 Budau Ave

Public county record property details
Beds
5
Baths
2
Year built
1952
Sq. Ft.
1,783
Lot Size
4,790
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
100
APN
5217-007-018

The source for these homes facts are from public records.

90032 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,900
Median List Price/Sq.Ft.
$633
Median Sold Price
$765,000
Median Sold Price/Sq.Ft.
$711
Total Inventory
58
Median Sale to List Price %
109.44%
Avg Days on Market
22
Loan Type
Conventional (25%), FHA (0%), VA (0%), Cash (16.67%), Other (25%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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