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!
Property Details
Property Features
Property Information:
Architectural Style: Patio Home
Year Built: 1952
Stories: 1
Listing Office:
Office Name: THE ASSOCIATES REALTY GROUP
Office Phone: (626) 347-8001
Listing Agent: Jeannette Arias
Interior Features
Interior Information:
Flooring Type: Laminate, Wood
Interior: Ceiling Fan(s)
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: No
View: None
Parking Information:
Parking: Assigned
Virtual/3D Tour
Virtual Tour: 2871 Budau Ave
Virtual Tour
Lot Features
Lot Information:
Lot: Landscaped
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: None
Other
Directions 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.
Price Information
Listing Price Info
Price Summary:
List Price: $1,080,000
Tax Information:
Annual Amount: $901
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $56.5K more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #CV24180777
Listing Office:
Office Name: THE ASSOCIATES REALTY GROUP
Office Phone: (626) 347-8001
Listing Agent: Jeannette Arias
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 10:21:08 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$901
$54,970
2020
$877
$54,408
2019
$782
$53,342
2018
$765
$52,297
2017
$765
$51,273
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Farmdale Elementary School
2660 Ruth Swiggett Dr
Distance between this listing and this school0.34 miles
Public District Grades KG-5
4
/10
Sierra Park Elementary
3170 Budau Ave
Distance between this listing and this school0.37 miles
Public District Grades PK-6
2
/10
Cesar Chavez Elementary School
5243 Oakland St
Distance between this listing and this school0.78 miles
Public District Grades KG-6
Nearby Schools
5
/10
El Sereno Middle School
2839 N Eastern Ave
Distance between this listing and this school0.28 miles
Public District Grades 6-8
7
/10
Emery Park School
2821 W Commonwealth Ave
Distance between this listing and this school1.28 miles
Public District Grades KG-8
7
/10
Fremont Elementary School
2001 Elm St
Distance between this listing and this school1.42 miles
Public District Grades KG-8
Nearby Schools
8
/10
Los Angeles High School for the Arts
5151 State University Dr
Distance between this listing and this school0.74 miles
Public District Grades 9-12
5
/10
Woodrow Wilson High School
4500 Multnomah St
Distance between this listing and this school0.94 miles
Public District Grades 9-12
9
/10
Alliance Marc & Eva Stern Math and Science
5151 State University Dr Lot 2
Distance between this listing and this school1.04 miles
The neighbors living near this home have an average income of $44,596. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The majority of families are married, with kids. Residents of this area typically have high school diploma education.
This home is located at 2871 Budau Ave in Los Angeles, CA and zip code 90032 in the The Eastside neighborhood. This home, which was built in 1952, sits on a 0.11 acre lot. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $1,080,000.
In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.
From Rocket Homes Real Estate and based on county public records data.