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Map
$1,168,512*
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Multifamily -
Off Market
3193 Budau Avenue
El Sereno, CA 90032
Studio
0 Bath
$716,000 - $874,000
Reference Base Price*
46.98%
Since Jun 1, 2019
CA-Los Angeles
Primary Model
About This Property
We are pleased to exclusively offer for sale this 5 unit
multi-family investment in the city of El Sereno. The subject
property consists of 5 single story detached cottage style units,
the most desirable construction style when it comes to
multi-family. Each unit is separately metered for electricity and
gas while the current owner pays for water and trash. Located on a
primarily residential street, and less than 1/2 block from an
elementary school, tenants enjoy the location. While the property
is located in a rent-controlled community, with the right
management in place a new investor can take advantage of a
significant 55% upside in rental income. With market rents in place
this investment would yield a 7+% cash-on-cash return...rare to
find in LA city.
Unit Size
-
Days on Market
-
Land Size
8,638.00 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1927
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 13, 2023 | Sold | $1,350,000 | |
Sold | |||
May 22, 2020 | Sold | $700,000 | |
Sold | |||
May 4, 2019 | No longer available | - | |
No longer available | |||
Mar 23, 2019 | Relisted | $795,000 | |
Relisted | |||
Mar 8, 2019 | No longer available | - | |
No longer available |
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Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
2
Beds
1.5
Baths
1,054 ft²
$797/ft²
$840,000
Oct 18, 2022
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/22/2018
|
|
Studio
|
-
|
-
|
$840,000
Studio
-
|
-
-
|
-
|
-
|