2871 Budau Avenue 2, El Sereno, California 90032, El Sereno, 90032 - bed, bath
2871 Budau Avenue 2
El Sereno, California 90032
Property Price
SUMMARY
Analysis of 2871 Budau Avenue 2, El Sereno, California 90032 is currently available with a list price of $950,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the El Sereno Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1952, this property is well-maintained and has received some updates, such as quartz countertops and a stainless-steel range hood in the front unit kitchen, and granite counters in the rear unit kitchen, along with hardwood flooring in living areas. However, both bathrooms feature dated fixtures and tiling (e.g., green tiled counter in front unit, classic terrazzo in rear unit), and the rear unit kitchen cabinets are older. A significant factor is the absence of central air conditioning, with portable and window units visible, indicating a need for a major system update for modern comfort. While functional and livable, the property shows clear signs of being aged with components that are outdated in style and technology, requiring minor to moderate updates to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Strong Income Potential & Vacancy
This well-maintained income property features a vacant front unit, offering immediate rental income or owner-occupancy flexibility, supported by strong market rent estimates of $3,200-$3,400/month for the front unit.
- Strategic Central Location
Located in the desirable El Sereno, the property offers excellent accessibility to the 710 and 10 freeways, Cal State LA, USC Medical Center, Downtown LA, Chinatown, and Old Town Pasadena, appealing to commuters and urban dwellers.
- Versatile Living & Investment Options
The duplex configuration is ideal for various needs, including multi-generational living, owner-occupancy with rental income, or a pure investment property, broadening its market appeal.
CONSRISKS & DEFICIENCIES
- Property Age & Potential System Updates
Built in 1952, while described as well-maintained, the property's age suggests potential for outdated major systems (e.g., plumbing, electrical, HVAC) that may require future investment, as comprehensive upgrades are not specified.
- Absence of Central Air Conditioning
The description mentions ceiling fans but no central cooling system, which could be a significant comfort drawback and a competitive disadvantage in Los Angeles' warm climate.
- Lack of Scenic Views
The property does not offer any notable scenic views, which can be a missed opportunity for added value and appeal in the Los Angeles real estate market.
About 2871 Budau Avenue 2
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.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1952
- Lot Size
- 4,792 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,783 | 1,672 | 60% |
| Lot Size | 4,792 | 4,808 | 20% |
| Price | $950.0K | $720.0K | 80% |
| Price per sq ft | $533 | $463 | 60% |
| Built year | 1952 | 1947 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 319 | 219 | 80% |
Pricing History
Listed for Sale
Apr 21, 2025
$950,000
Initial Listing