Recently Listed Foreclosure 3193 Budau Avenue
Los Angeles, CA, 90032 $ 1,395,000
Bedrooms10 Baths1.0 Sq 2,880 Monthly Estimate*
$ 8,808
for $1,395,000 with 10 bedrooms and 1 full bath. This 2,880 square foot home was built in 1927 on a lot size of 0.1984.
3193 Budau Ave presents a rare opportunity to acquire a truly turnkey multi-unit investment in Metro Los Angeles. Set on a generous approximately 8,620-square-foot lot, this distinctive bungalow complex features five individual residences, each offering 2 bedrooms and 1 bathroom, combining the charm and privacy of bungalow 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 designed for today's rental market and positioned for streamlined ownership from day one. Two units are currently vacant, creating an immediate opportunity to place market-rate tenants, while the existing residents are currently on rent payments. A new management company was installed in May, further enhancing the property's plug-and-play appeal for an investor seeking a professionally managed asset with existing income and near-term leasing potential. Tucked into a quiet neighborhood setting yet remarkably connected to the best of Metro LA, 3193 Budau Ave offers convenient access to major transit hubs, freeways, Downtown Los Angeles, and surrounding communities including South Pasadena and Alhambra. This combination of neighborhood atmosphere and central accessibility adds lasting appeal for both residents and investors. Beyond the property's current income potential, the expansive lot may offer an additional avenue for future value creation through ADU development, subject to buyer verification and applicable approvals. Whether the goal is to acquire a stabilized long-term investment, capture additional income by leasing the vacant units, or explore future expansion, 3193 Budau Ave offers a compelling combination of turnkey condition, multiple income streams, strategic location, and upside potential. An increasingly rare find in the Los Angeles multifamily market.
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FeaturesGeneralLiving Area 2880
Sewer Other
Heating Forced Air Zoned
Possession Close Of Escrow
Roof Composition Shingle
Appliances Microwave Refrigerator
Zoning LARD3
Patio/Porch Features Open Patio
Architectural Style Bungalow
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Year Built 1927
Tenant Pays Electricity Gas
View None
Stories Count 1
Levels One
Gross Income 0
County Los Angeles
Net Operating Income 0
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Real Estate Owned
Status Active
Buyer Financing Cash
Directions West of Warwick Ave. South of Templeton St. East of Eastern Ave. North of Alhambra Ave.
City Los Angeles
Disclosures Rent Control
Entry Location Ground Level w/steps
Senior Community Y/N false
High School District Los Angeles Unified
Open Parking Spaces 4
Number Of Units Total 5
MLS Area 621 - El Sereno
Lot Size Units Square Feet
Lot Size Square Feet 8642
Number of Units Leased 3
Spa Features None
Property Attached Y/N true
Property Condition Updated/Remodeled
Rent Control Y/N true
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Taxes 17500
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InteriorInterior Amenities Recessed Lighting Utility Room
Fireplace Features None
Total Stories 1
Common Walls 1 Common Wall
Heating Y/N true
Window Features Double Pane Windows
Fireplace Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Inside
Total Bedrooms 10
Entry Level 1
Total Baths 5
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ExteriorExterior Amenities Rain Gutters
Parking Features Assigned Driveway
Total Parking 4
Lot Size Area 8642
Number of Buildings 5
Spa false
Building Area Total 2880
Lot Size Acres 0.1984
Private Pool false
Lot Size Source Assessor
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
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* Excluded FeaturesList Byhello@stephanieyounger.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,808
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,867,637
Percent of Sale Price 34%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/31/2026 | $1,395,000 | | Listed Price |