3193 Budau Ave, Los Angeles, CA 90032
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3193 Budau Ave Los Angeles, CA 90032

$1,350,000 Sold Price as of 01/13/2023
  • 10 Beds
  • 5 Baths
  • 2,880 Sq.Ft.
Sold
$1,350,000 Sold Price as of 01/13/2023 Refinance Your Mortgage

Map preview of 3193 Budau Ave, Los Angeles, CA 90032

Property Overview: 3193 Budau Ave Los Angeles, CA has 10 bedrooms, 5 bathrooms, 2,880 living square feet and 8,639 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are to pleased to present the opportunity to acquire 3193 Budau Avenue, a five-unit multifamily investment opportunity located in the 90032 zipcode of Los Angeles. Property to be delivered with ADU plans.

Listed by Tony Azzi | BRE #00910513 | Tony Azzi
Last checked: 15 minutes ago | Last updated: February 8th, 2023 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
8,639
HOA Dues
$0/mo
Year built
1927
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22210725
City
Los Angeles
County
Los Angeles
Time on Site
695 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 5
Unit Breakdown 1
  • # of Units: 5
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,336
  • Total Rent: $11,681
  • Pro Forma/Market Rent: $12,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.23%
  • Gross Rent Multiplier: 9.63
  • Gross Scheduled Income: --
  • Net Operating Income: $84,154
  • Gross Operating Income: $133,163
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3193 Budau Ave

Interior Features
Laundry Information
  • Has Laundry
  • Dryer Included
Kitchen Information
  • Has Appliances
  • Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 5
  • Parcel Number: 5218001041
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Between Martin Street and Edna Street, at the intersection of Budau Avenue and Cronus Street
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Sale History for 3193 Budau Ave

Last sold for $1,350,000 on January 13th, 2023
  • January, 2023

  • Jan 13, 2023

    Date

    Sold

    CRMLS: 22210725

    $1,350,000

    Price

  • Oct 24, 2022

    Date

    Active

    CRMLS: 22210725

    $1,350,000

    Price

  • June, 2021

  • Jun 4, 2021

    Date

    Leased

    CRMLS: TR20240529

    $2,263

    Price

  • Jan 21, 2021

    Date

    Price Change

    CRMLS: TR20240529

    $2,263

    Price

  • Nov 17, 2020

    Date

    Active

    CRMLS: TR20240529

    $2,300

    Price

  • Listing provided courtesy of CRMLS

    Charming Bungalow 2 BED/ 1 BATH *New Appliances*, *Parking* This newly remodeled 2 bedroom/1 bath apartment has new flooring, new kitchen, new bathroom, BRAND NEW AC, a variety of updates and an in-unit washer and dryer. Enjoy Southern California weather in your private fenced-in yard. Walking distance to nearby elementary school. Easy access to 710, 101, 10 and 5 freeways. Near public transportation, CAL State LA and Downtown LA's best restaurants and entertainment. Get a townhome feel with nobody above or below you. This unit includes appliances. Utilities include water & trash. Ask about 1 month free rent

  • May, 2020

  • May 22, 2020

    Date

    Sold (Public Records)

    Public Records

    $700,000

    Price

  • April, 2016

  • Apr 20, 2016

    Date

    Sold (Public Records)

    Public Records

    $588,000

    Price

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Tax History for 3193 Budau Ave

Assessed Value (2020): $636,467
Year Land Value Improved Value Assessed Value
2020 $400,498 $235,969 $636,467

Home Value Compared to the Market

This property vs the competition

3193 Budau Ave sold on January 13, 2023 for 20.54% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $468.75 per/sqft which puts the price per square foot 35.26% lower than the current median sale per square foot for the city of Los Angeles.

About 3193 Budau Ave

Detailed summary of property

3193 Budau Ave is a multi family that recently sold in Los Angeles, CA 90032. This multi family property offered 10 bedrooms, 5 bathrooms, roughly 2,880 living square feet, and sits on an approximately 8,639 square foot lot. 3193 Budau Ave was first listed on ArdentRealEstateGroup.com on October 24, 2022. The homeowner sold the property for $1,350,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 20.54% higher than the current median priced home. Local homes that are currently for sale include 6527 Pollard St, 225 N Avenue 57 and 4421 Floral Drive. While the average home in Los Angeles, CA is selling in 106 days, 3193 Budau Ave has a days on market of 2 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 3193 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 3193 Budau Ave

Public county record property details
Beds
5
Baths
5
Year built
1927
Sq. Ft.
2,880
Lot Size
8,638
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
52
APN
5218-001-041

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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Related Resources to 3193 Budau Ave

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.