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$1,395,000
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Property Description
3193 Budau Ave presents a compelling opportunity to acquire a turnkey 5-unit investment with immediate income upside in Metro Los Angeles. Three 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 three 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.
Full Property Details
Full Property Details for 3193 Budau Ave
General
- Price: $1,395,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26874697
- Updated: 10/14/2026
- Added to Site: 46 day(s) ago
Interior
- Rooms/Areas: Dining Area, Utility Room, Living Room
- Interior Features: Recessed Lighting, Detached/No Common Walls
- Cooking Appliances: Free Standing Gas, Microwave
- Flooring: Wood Laminate
Rooms
Bathrooms
- Total Bathrooms: 5
- Bathroom Features: Shower and Tub, Tile, Remodeled
Bedrooms
- Total Bedrooms: 10
Other Rooms
- Laundry: Inside, In Unit
Additional Information
- Pool Description: None
- Spa Description: None
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector
- Other Features: None
Exterior
- Deck/Patio: Open Patio
Parking
- Garage Description: Driveway, Assigned
Location
- Area: El Sereno
- County: Los Angeles
- Driving Directions: West of Warwick Ave., South of Templeton St., East of Eastern Ave., North of Alhambra Ave.
School Information
- School District: Los Angeles Unified
Heating & Cooling
- Cooling Type: Multi/Zone
- Heating Type: Zoned, Forced Air
Utilities
- Sewer: In Street
- Water: Public
- # Gas Meters: 5
- # Electric Meters: 5
Structural Information
- # Buildings: 5
- Architectural Style: Bungalow
- Roof: Composition, Shingle
- Common Walls: Attached
- Windows: Double-Pane Windows
- Entry Floor Number: 1
- Entry Location: Ground Level w/steps
- Stories/Levels: 1
- Square Feet: 2,880
- Sq. Ft. Source: Other
- Year Built: 1927
- Year Built Source: Assessor
- Property Condition: Updated/Remodeled
- Other Struct. Feat.: Rain Gutters
Unit Information
- Units in Complex: 5
- Unit Type: 2106, 2107, 2108, 2109, 2110
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1
- Bedrooms: 2
Unit 5
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1984
- Lot Size: 8642
- Lot Size Source: Assessor
- Zoning: LARD3
Financial Considerations
- Price Per Sq. Ft.: $484.38
- Assessment Year: 1927
- Owner Pays: Water
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Disclosures/Reports: Lender Owned/REO, Rent Control
- APN: 5218-001-041
Listed by Compass, Stephanie Younger
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Schools
Schools serving 3193 Budau Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Sierra Park Elementary School 3170 Budau Avenue, Los Angeles, CA 90032 | PK-6 | 0.1 mi |
El Sereno Middle School 2839 N. E.ern Ave., Los Angeles, CA 90032 | 6-8 | 0.5 mi |
Woodrow Wilson Senior High School 4500 Multnomah Street, Los Angeles, CA 90032 | 9-12 | 1.3 mi |
Abraham Lincoln Senior High School 3501 N. BRd.way, Los Angeles, CA 90031 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3193 Budau Ave
Date
Details
Price
Change
Source
8/31/2026
Listed
$1,395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3193 Budau Ave
3193 Budau Ave, Los Angeles, CA 90032 (MLS# 26874697) is a Multi-Family property with units containing 10 bedrooms and 0 full bathrooms. 3193 Budau Ave is currently listed for $1,395,000 and was received on August 31, 2026. Want to learn more about 3193 Budau Ave? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

