2840 Budau Avenue, Los Angeles, California 90032, Los Angeles, 90032 - 3 bed, 2 bath
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2840 Budau Avenue
Los Angeles, California 90032
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,197Sq Ft
4,800Lot Size
Property Price
LIST PRICE$849,000
EST. MARKET VALUE
$876,936
3% BelowMARKET VALUE
SUMMARY
This Strong Value Opportunity is listed at a List Price of $849,000, positioned well below the $876,936 Fair Market Value by 3%. This valuation gap provides $27,936 in Instant Equity. Featuring a Condition Rating of 3, the home is move-in ready with updated HVAC and hardwood floors. The property offers a unique indoor-outdoor flow and scenic mountain views, making it an ideal choice for first-time buyers or owner-occupants seeking a well-maintained home in a vibrant, amenity-rich neighborhood.
Estimated Market Value
$876,936+$27,936 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2840 Budau Avenue Subject 3 bd · 2 ba · 1,197 sqft · $733 | $849,000* List Price | 3 | 2 | 1,197 | $733 | - |
A 2945 Budau Avenue Sold 3 bd · 2 ba · 1,352 sqft · $730 · 0.2 mi | $987,000 | 3 | 2 | 1,352 | $730 | 0.2 mi |
B 2611 Lombardy Sold 2 bd · 1 ba · 1,118 sqft · $671 · 0.2 mi | $750,000 | 2 | 1 | 1,118 | $671 | 0.2 mi |
C 2334 Highbury Sold 3 bd · 2 ba · 1,030 sqft · $733 · 0.8 mi | $755,000 | 3 | 2 | 1,030 | $733 | 0.8 mi |
D 2916 Vaquero Sold 3 bd · 2 ba · 1,342 sqft · $741 · 0.3 mi | $995,000 | 3 | 2 | 1,342 | $741 | 0.3 mi |
E 2323 Warwick Avenue Sold 3 bd · 2 ba · 1,516 sqft · $644 · 0.6 mi | $977,000 | 3 | 2 | 1,516 | $644 | 0.6 mi |
F 4573 Zane Street Sold 2 bd · 2 ba · 1,224 sqft · $862 · 0.7 mi | $1,055,000 | 2 | 2 | 1,224 | $862 | 0.7 mi |
G 4918 Seldner Avenue Sold 2 bd · 2 ba · 1,209 sqft · $820 · 1.0 mi | $991,023 | 2 | 2 | 1,209 | $820 | 1.0 mi |
H 2477 Richelieu Avenue Sold 3 bd · 1 ba · 1,297 sqft · $574 · 0.6 mi | $745,000 | 3 | 1 | 1,297 | $574 | 0.6 mi |
I 2920 Covina Street Active 3 bd · 2 ba · 1,258 sqft · $675 · 0.5 mi | $849,000 List Price | 3 | 2 | 1,258 | $675 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1950 but underwent a significant renovation approximately 9-10 years ago. The kitchen features functional dark shaker cabinetry, butcher block countertops, and stainless steel appliances. The interior shows well-maintained hardwood floors, updated dual-pane windows, and a modern HVAC system, making it move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Indoor-Outdoor Flow
The home features a den that opens directly to the backyard and offers generous natural light, creating a seamless transition for outdoor dining and entertaining.
- Scenic Mountain Views
Set above the street, the property's elevated position provides impressive views of the mountain range and valley from the upper portion of the lot.
- Prime Neighborhood Amenities
Located in a vibrant part of El Sereno, the property is within close proximity to the Recreation Center, local coffee shops, and community social hubs, enhancing its lifestyle appeal.
CONSRISKS & DEFICIENCIES
- Compact Living Space
With only 1,197 square feet for a three-bedroom configuration, the interior layout may feel constrained for buyers seeking larger communal areas or spacious bedrooms.
- Unfinished Landscaping
The outdoor space is described as having 'potential' for landscaping ideas, indicating that the yard likely requires additional capital investment to become a fully functional living area.
About 2840 Budau Avenue
Set above the street in El Sereno, this three-bedroom, two-bath home offers generous natural light, a den that opens to the backyard, and outdoor space with plenty of potential. Built in 1950, it features approximately 1,197 square feet of living space on a 4,800-square-foot lot, with an attached one-car garage.The den connects indoor living to the backyard for dinners outside and afternoons with the doors open. The yard offers room to bring your own landscaping ideas to life, with views of the mountain range from its upper portion. El Sereno's Artemisia Nursery, specializing in California native plants, offers plenty of inspiration for what the garden could become.The neighborhood is part of the appeal. Nearby amenities include El Sereno Recreation Center with playgrounds and the heated year-round Pool. Neighborhood favorite lil'East Coffee offers coffee, pastries, and weekend pop-ups, while El Sereno Social Club brings neighbors together through food, music, and local events, offering a way to get to know the neighborhood beyond your own block.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 4,800 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,197 | 1,670.836 |
| Lot Size | 4,800 | 6,152.156 |
| Price | $849.0K | $1.34M |
| Price per sq ft | $709 | $807 |
| Built year | 1950 | 1941 |
| HOA | $0 | $238 |
| Days on market | 26 | 56 |
Pricing History
Listed for Sale
Oct 14, 2026
$849,000
Initial Listing
Sold
Dec 14, 2020
$710,000
Public Record
Sold
Jul 31, 2015
$375,000
Public Record
Sold
Dec 31, 2014
$200,000
Public Record