RealKey
‪(213) 433-7766‬

2871 Budau Avenue 2, El Sereno, California 90032, El Sereno, 90032 - bed, bath

2871 Budau Avenue 2, El Sereno, California 90032 home-pic-0
ACTIVE$950,000
2871 Budau Avenue 2, El Sereno, California 90032
0Bed
0Bath
1,783Sqft
4,792Lot
Year Built
1952
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$533
HOA
-
Days on market
-
Sold On
-
MLS number
IV25087695
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $950.0K(67th), sqft - 1783(50th), beds - undefined(50th), baths - undefined(50th).

Discover this well-maintained income property in the desirable City of El Sereno—perfect for the commuting professional, multi-generational living or rental income. Front Unit (3 Bed / 1 Bath) Currently VACANT. Bright and inviting, featuring hardwood floors, mirrored closets, and ceiling fans throughout. One bedroom opens to a private patio/carport area. The kitchen offers quartz countertops, a stainless-steel range hood, and in-unit laundry hookups. Gated parking adds convenience. Potential market rents between $3,200 and $3,400 per month. Rear Unit (2 Bed / 1 Bath) Cozy and well-lit with granite counters, ceiling fans, and space for a breakfast table. The bathroom highlights classic terrazzo flooring and accents. Laundry hookups are located under a covered patio. Gated parking for two vehicles. Location Centrally located near the 710 and 10 freeways, Cal State LA, and USC Medical Center. Just minutes to Downtown LA, Chinatown, and Old Town Pasadena. This versatile property combines comfort, convenience, and strong income potential—an excellent investment opportunity in one of Los Angeles’ most vibrant communities.

Price History

Date
Event
Price
04/21/25
Listing
$950,000
Condition Rating
Fair
The property, built in 1952, is well-maintained and functional, but shows its age through dated styles and features. While the front unit kitchen has updated quartz countertops and a stainless steel range hood, and hardwood floors are present in some areas, both kitchens feature older cabinet styles. The bathrooms, particularly with their green tiled wainscoting, terrazzo flooring, and basic fixtures, are significantly outdated. The presence of window AC units and wall heaters suggests a lack of central heating/cooling. The property requires minor updates to modernize the aesthetics and systems, aligning with the 'Fair' condition criteria of being aged but maintained with occasional updates, and having functional but outdated major components.
Pros & Cons

Pros

Strong Income Potential: This duplex is explicitly marketed as an 'excellent investment opportunity' with a vacant 3-bedroom front unit offering immediate market-rate rental income potential of $3,200-$3,400 per month.
Strategic Location: Centrally located in El Sereno, providing excellent access to major freeways (710 & 10), and close proximity to key destinations like Cal State LA, USC Medical Center, Downtown LA, Chinatown, and Old Town Pasadena, appealing to a wide range of tenants.
Versatile Duplex Configuration: The property offers two distinct units (3-bed/1-bath and 2-bed/1-bath), ideal for multi-generational living, owner-occupancy with rental income, or maximizing investment returns through dual tenancy.
Well-Maintained with Key Updates: Described as 'well-maintained,' the units feature appealing elements such as hardwood floors, quartz countertops, stainless steel range hood in the front unit, and granite counters with classic terrazzo flooring in the rear unit.
Gated Parking & In-Unit Laundry: Both units benefit from convenient gated parking and in-unit laundry hookups (or under a covered patio), enhancing tenant appeal and functionality.

Cons

Property Age: Built in 1952, the property's age suggests potential for older infrastructure (plumbing, electrical, roof) that may require significant capital expenditures or ongoing maintenance in the future.
Lack of Central Air Conditioning: While ceiling fans are mentioned, the absence of central air conditioning could be a significant drawback for tenants in Southern California's climate, potentially impacting rental demand or achievable rents.
Partial Modernization: Although some updates are present, the description implies that not all areas have been fully modernized (e.g., 'classic terrazzo flooring' in the rear bathroom), which might necessitate further renovation to achieve top-tier rental rates or appeal to modern tastes.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state