Los Angeles, CA 90032 2871 Budau Avenue

2871 Budau Avenue Los Angeles, CA - Image 12871 Budau Avenue Los Angeles, CA - Image 22871 Budau Avenue Los Angeles, CA - Image 3
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Presented By: Jeannette Arias with THE ASSOCIATES REALTY GROUP; 626-347-8001
  • MLS# CV24180777
  • 09/10/2024
  • Request Tour
  • Request Info
  • Beds • 3
  • Baths • 1
  • SQFT • 1,783

Home Details

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. The front unit can potentially fetch market rents between $3,200 and $3,400. 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!
Presented By: Jeannette Arias with THE ASSOCIATES REALTY GROUP; 626-347-8001

Interior Features for 2871 Budau Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate, Wood
Heating Y/NYes
Laundry FeaturesInKitchen, Outside
Total Stories1
Window FeaturesScreens

Other Rooms

Entry Level1

General for 2871 Budau Avenue

Additional Parcels Y/NNo
Architectural StylePatioHome
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces2.0
Carport Y/NYes
CityLos Angeles
Community FeaturesStreetLights, Sidewalks
Construction MaterialsBlock
CoolingNone
CountyLos Angeles
Days on Market23
DirectionsExit 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 b
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
ExclusionsAll tenant appliances and furnishings.
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income58310.3
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense1571.0
Interior FeaturesCeilingFans
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet4792.0
Lot Size UnitsSquareFeet
MLS Area621 - El Sereno
MobileHomeRemainsYNNo
Net Operating Income58310.34
New ConstructionNo
Number of Units Leased2
NumberOfUnitsTotal2
Open Parking Spaces2.0
Operating Expense3309.66
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot100
Taxes$958
Tenant PaysAllUtilities
TermsSubmit
Total Actual Rent5070.0
Trash Expense0.0
UtilitiesCableAvailable, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
ViewNone
View Y/NNo
Virtual TourClick here
Virtual TourClick here
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1952
Year Built SourceAssessor
ZoningLAR1

Exterior for 2871 Budau Avenue

Building Area Total1783.0
Crops Included Y/NNo
Foundation DetailsRaised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLandscaped
Lot Size Acres0.11
Lot Size Area4792.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Open Parking Y/NNo
Parking FeaturesAssigned
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking4.0
Water SourcePublic

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $1,080,000
MLS#CV24180777
List Date 09/10/2024
Property Type Multi-Family
Phone 310.658.1749
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