3193 Budau Avenue, Los Angeles, CA 90032
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
3193 Budau Avenue,Los Angeles, CA 90032
$1,395,000
- 10 Beds
- 5 Baths
- 2,880 sq. ft.
- Multi-family
- Active
Listed by: stephanie younger
Office: compass310-499-2020
MLS#:26874697
Source:CRMLS
Price summary
- Price:$1,395,000
- Price per sq. ft.:$484.38
About this home
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....
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Home facts
- Year built:1927
- Listing ID #:26874697
- Added:21 day(s) ago
- Updated:September 22, 2026 at 10:32 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:5
- Kitchen Description:Microwave, Refrigerator
- Living area:2,880 sq. ft.
Heating and cooling
- Heating:Forced Air, Zoned
Structure and exterior
- Roof:Composition, Shingle
- Year built:1927
- Building area:2,880 sq. ft.
- Lot area:0.2 Acres
- Architectural Style:Bungalow
- Exterior Features:Open, Patio, RainGutters
- Levels:1 Story
Finances and disclosures
- Price:$1,395,000
- Price per sq. ft.:$484.38
Features and amenities
- Laundry features:Inside
- Amenities:Carbon Monoxide (CO2) Detector, Rain Gutters, Recessed Lighting, Utility Room
Parking
- Total parking spaces:4
- Parking description:Assigned, Driveway
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