Discover this fantastic income property located in the desirable city of El Sereno. This well-maintained residential property features two separate units, ideal for future multi-generational living or rental income opportunities. The front unit can potentially fetch market rents between $3,200 and $3,500. Front House: This inviting unit offers beautiful hardwood floors. 3 spacious bedrooms and 1 bathroom. All bedrooms come with mirrored wardrobe closets, providing practicality. 1 bedroom has a sliding door leading to the patio/carport area. The interior has been painted and features modern ceiling fans throughout for added comfort. The kitchen showcases newer quartz countertops and a stainless-steel range hood, blending style with functionality. Additionally, there are convenient laundry hookups located within the kitchen area. The property has gated parking which can be a bonus. Second House: The second unit is a cozy 2-bedroom, 1-bathroom home. The kitchen features granite counters, a ceiling fan, lots of natural light and enough space for a breakfast table. Bedrooms each have a ceiling fan and mirrored closet doors. The bathroom has the nostalgic terrazzo flooring and accents of terrazzo in the shower/tub as well. Laundry hook-ups are outside under a covered patio. The property includes gated parking for up to two cars, for convenience. This property is centrally located in close proximity to the 710 and 10 freeways. Just minutes to Cal State University and USC Medical Center. A short commute to popular locations such as Chinatown, downtown LA and Pasadena’s vibrant and trendy old town. This versatile income property in El Sereno offers modern amenities and practical living solutions, making it an excellent investment opportunity. Don’t miss out on this chance to own a piece of this vibrant community!
Property Details
Price:
$950,000
MLS #:
IV25087695
Status:
Active
Baths:
0
Address:
2871 Budau Avenue
Type:
Residential Income
Subtype:
Duplex
Neighborhood:
621elsereno
City:
El Sereno
Listed Date:
Apr 18, 2025
State:
CA
ZIP:
90032
Lot Size:
4,792 sqft / 0.11 acres (approx)
Year Built:
1952
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Schools
Interior
Accessibility Features
Parking
Appliances
Water Heater
Cooling
None
Flooring
Laminate, Wood
Heating
Wall Furnace
Interior Features
Ceiling Fan(s)
Exterior
Community Features
Sidewalks, Street Lights, Suburban
Foundation Details
Raised
Garage Spaces
0.00
Lot Features
2-5 Units/ Acre, Corner Lot, Rectangular Lot
Parking Features
Covered, Concrete
Parking Spots
4.00
Pool Features
None
Roof
Composition
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
None
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
All Utilities
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Map
Community
- Address2871 Budau Avenue El Sereno CA
- Area621 – El Sereno
- CityEl Sereno
- CountyLos Angeles
- Zip Code90032
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2871 Budau Avenue
El Sereno, CA
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