See Home Value
$1,168,512*
Multifamily - Off Market

3193 Budau Avenue

El Sereno, CA 90032
bedrooms
Studio
bathrooms
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
Show More

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
5 Beds
4 Baths
1,950 ft²
$384/ft²
$749,000 Aug 21, 2022
-
-
Multifamily
6 Beds
4 Baths
2,100 ft²
$428/ft²
$899,000 Mar 18, 2023
-
-
House
3 Beds
2 Baths
1,557 ft²
$498/ft²
$774,900 Apr 19, 2023
-
-
House
2 Beds
1.5 Baths
1,054 ft²
$797/ft²
$840,000 Oct 18, 2022
-
-
House
3 Beds
3 Baths
1,813 ft²
$413/ft²
$749,000 Aug 1, 2020
-
-
House
2 Beds
1 Bath
1,152 ft²
$638/ft²
$735,000 Apr 5, 2023
-
-
House
3 Beds
1 Bath
1,432 ft²
$618/ft²
$885,000 Apr 8, 2023
-
-
House
2 Beds
2 Baths
1,172 ft²
$572/ft²
$670,000 Feb 21, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20181022
10/22/2018
Studio
-
-
$840,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

3193 Budau Avenue 3193 Budau Avenue, Los Angeles, CA 90032
More about this Building
3193 Budau Avenue
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About East LA


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