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Skye Socal

socal@blueskyre.net +1(909) 415-8181

$ 1,395,000

Est. payment -/mo

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Active

3193 Budau AVE Los Angeles, CA 90032

10 Beds

5 Baths

2,880 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,880 sqft

Price per Sqft $484

MLS Listing ID 26874697

Bedrooms 10

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1927

Lot Size 8,642 Sqft

Property Description

3193 Budau Ave presents a compelling opportunity to acquire a turnkey 5-unit investment with immediate income upside in Metro Los Angeles. Two of the five 2-bedroom residences are currently vacant, giving a new owner the ability to place tenants at current market rents and meaningfully increase income from day one. Based on existing rents plus projected rents for the two vacant units, stabilized annual rental income is approximately $155,748, with additional upside as the remaining units reach market rents over time.Set on an approximately 8,620-square-foot lot, this distinctive bungalow complex features five individual residences, each offering 2 bedrooms and 1 bathroom. The property combines the privacy and appeal of bungalow-style living with the efficiency and income potential of a well-positioned multifamily asset.Extensively renovated around 2023, all five units have been thoughtfully updated with newer windows, electrical, plumbing, flooring, remodeled kitchens and bathrooms, and individual mini-split HVAC systems. The result is a refreshed, low-maintenance property positioned for streamlined ownership and strong tenant appeal.Three units are currently occupied, while two are vacant and ready for lease-up. A new management company was installed in May, further enhancing the property's plug-and-play appeal for an investor seeking existing income with near-term growth potential.Tucked into a quiet neighborhood setting yet conveniently connected to Downtown Los Angeles, major transit hubs, freeways, South Pasadena, Alhambra and surrounding communities, the property offers strong accessibility while maintaining a residential feel.Beyond the current income opportunity, the expansive lot may offer additional future value through ADU development or other expansion potential, subject to buyer verification and applicable approvals.With five 2-bedroom units, two immediate vacancies, extensive renovations, existing income, and clear upside potential, 3193 Budau Ave offers a rare combination of turnkey condition and value-add opportunity in the Los Angeles multifamily market.

Location

State CA

County Los Angeles

Area 621 - El Sereno

Zoning LARD3

Interior

Interior Features Recessed Lighting, Utility Room

Heating Forced Air, Zoned

Fireplaces Type None

Fireplace No

Appliance Microwave, Refrigerator

Laundry Inside

Exterior

Exterior Feature Rain Gutters

Parking Features Assigned, Driveway

Pool None

View Y/N No

View None

Roof Type Composition,Shingle

Porch Open, Patio

Total Parking Spaces 4

Private Pool No

Building

Story 1

Entry Level One

Sewer Other

Architectural Style Bungalow

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5218001041

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Financing Cash

Special Listing Condition Real Estate Owned

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Stephanie Younger Compass #01365696

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Skye Socal

SoCal AI Assistant

+1(909) 415-8181 | socal@blueskyre.net

Skye Socal

3193 Budau AVE Los Angeles, CA 90032

Key Details

Location

Interior

Exterior

Building

Schools

Others

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3193 Budau AVE