$715,000
SOLD JUL 1, 2025
4 Beds
2 Baths
1,771 Sq Ft
4,914 Sq Ft Lot

Recently Sold

$404 Per Sq Ft

3% Below List Price

101 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace
  • Abraham Lincoln High School Rated A
  • Rectangular Lot
  • Front Yard

About This Home

As of July 2025

Both units are now ready and available. Discover a rare opportunity to own a multi-unit property in a sought after hillside community in El Sereno. Comprised of two detached single family homes, this property runs street to street and each residence has its own address and individual gas and electric meters. At $369,000 per unit, the offering provides savvy investors a unique opportunity to purchase a premium asset with projected upside in market rents and value-add potential. Built in 1924, 2750 Ballard is a charming 2 bed, 1 bath bungalow (approx 720 sf) with a spacious utility basement providing indoor laundry and plenty of storage. This unit has an attached one car garage, a front yard, and side yard garden. 2747 Budau is a light and inviting 2 bed, 1 bath home with views spanning 1,051 sf. Built in 1983, its thoughtful floor plan provides seamless flow from the kitchen to the formal dining room and open living room. Large windows in the living room showcase views of the city and rolling hills. A small patio, indoor laundry room and an attached two car garage finish the space. Convenient proximity to DTLA, Highland Park, USC Keck, Cal State LA, and Pasadena. Just a few blocks from the vibrant shops, eateries and public transportation on Eastern Ave and Huntington Dr, this location will always be in demand! Perfect for investors looking for a project and potential for significant returns. First time on the market in 50+ years, this is your chance to take the property to the next level. Big Fixer. Cash only. Sold-as-is.

Last Agent to Sell the Property

Maribel Benitez

Compass-Pasadena Brokerage Phone: 626-497-5620 License #01866825 Listed on: 03/04/2025

Compass-Pasadena

Co-Listed By

Kelly Tran

Compass Brokerage Phone: 626-497-5620 License #01854381

Last Buyer's Agent

Rick Cheng

Coldwell Banker Realty License #01958923

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,201

Year Built

  • Built in 1924

Lot Details

  • 4,914 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Lot Sloped Down
  • Front Yard

Parking

  • 4 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,771 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 79
  • Tax Tract Number 7477
  • Assessor Parcel Number 5217006013

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,827
  • Water Sewer Expense $1,437
  • New Taxes Expense $8,738
  • Operating Expense $12,207

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,201

Year Built

Built in 1924

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 369000
  • Property Attached: No
  • Water Sewer Expenses: 1437.00
  • Zoning: LAR1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5217006013
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 403.73

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sloped Down, Front Yard, Rectangular Lot
  • Lot Size Sq Ft: 4914.00
  • Lot Size Acres: 0.1128

Multi Family

  • Insurance Expense: 1826.70
  • Lot Size Area: 4914.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Actual Rent: 1050.00
  • Total Expenses: 12206.88

Tax Info

  • New Taxes Expense: 8737.50
  • Tax Census Tract: 2015.04
  • Tax Lot: 79
  • Tax Tract Number: 7477

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2025
Closed on
Jun 23, 2025
Sold by
Lotty E Morales Survivors Trust and Morales Zanoni A
Bought by
Molina Ashley and Fiallo Diana
Seller's Agent
Maribel Benitez
Compass-Pasadena
Buyer's Agent
Rick Cheng
Coldwell Banker Realty
List Price
$738,000
Sold Price
$715,000
Premium/Discount to List
-$23,000
-3.12%
Views
81

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.76%
Original Mortgage
$610,000
Outstanding Balance
$610,000
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$90,508

Purchase Details

Closed on
Aug 31, 2023
Sold by
Morales Trust
Bought by
Lotty E Morales Survivors Trust and Morales
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $715,000 California Best Title Company
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $610,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Sold $715,000 -3.1% $404 / Sq Ft
06/13/2025 06/13/25 Pending -- -- --
05/29/2025 05/29/25 Price Changed $738,000 0.0% $417 / Sq Ft
05/29/2025 05/29/25 For Sale $738,000 +3.2% $417 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
03/20/2025 03/20/25 Off Market $715,000 -- --
03/04/2025 03/04/25 For Sale $699,000 -- $395 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,201 $837,522 $629,442 $208,080
2024 $10,201 $821,100 $617,100 $204,000
2023 $1,689 $111,564 $15,995 $95,569
2022 $1,619 $109,378 $15,682 $93,696
2021 $1,591 $107,234 $15,375 $91,859
2020 $1,601 $106,136 $15,218 $90,918
2019 $1,550 $104,056 $14,920 $89,136
2018 $1,452 $102,017 $14,628 $87,389
2016 $1,371 $98,058 $14,061 $83,997
2015 $1,353 $96,586 $13,850 $82,736
2014 $1,371 $94,695 $13,579 $81,116
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS25047191

California Regional Multiple Listing Service (CRMLS)

APN: 5217-006-013