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

Gabriel Carrasco

+1(424) 422-6029
$ 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 Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,880 sqft

Price per Sqft $484

MLS Listing ID 26874697

Style Bungalow

Bedrooms 10

Construction Status Updated/Remodeled

Year Built 1927

Lot Size 8,642 Sqft

Acres 0.1984

Property Sub-Type Multi-Family

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 El Sereno

Zoning LARD3

Rooms

Other Rooms None

Dining Room 0

Kitchen Remodeled, Quartz Counters

Interior

Interior Features Recessed Lighting, Detached/No Common Walls

Heating Zoned, Forced Air

Cooling Multi/Zone

Flooring Wood Laminate

Fireplaces Type None

Equipment Gas Dryer Hookup, Microwave, Refrigerator

Laundry Inside, In Unit

Exterior

Parking Features Driveway, Assigned

Garage Spaces 4.0

Pool None

View Y/N No

View None

Roof Type Composition, Shingle

Building

Story 1

Sewer In Street

Water Public

Architectural Style Bungalow

Level or Stories One

Construction Status Updated/Remodeled

Schools

School District Los Angeles Unified

Others

Special Listing Condition Real Estate Owned

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass
Gabriel Carrasco

Gabriel Carrasco

Agent License ID: DRE# 02229520

+1(424) 422-6029

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3193 Budau Ave