5025 Budau Place
Los Angeles, CA, 90032
$620,000
Original list price: $650,000
MLS: DW26183065
Beds
2
Baths
1
Sq Ft
777
Lot
0.17 ac
Year Built
1946
MLS #
DW26183065
Days on Market
69
Listed
Aug 24, 2026
Description
**El Sereno Opportunity with ADU Potential & Spacious Lot** Unlock the potential of this 2-bedroom, 1-bath home located in a desirable area of El Sereno, Los Angeles. Situated on an approximately 7,606 sq. ft. lot, this property offers a unique opportunity for buyers looking to renovate, expand, or explore future development possibilities. The existing 777 sq. ft. home provides a solid starting point for a buyer with vision, while the generously sized lot and detached garage add valuable flexibility. The property features a long driveway providing ample off-street parking and access to a detached garage. The expansive lot may offer excellent potential for an ADU or other permitted improvements, making this an attractive opportunity for investors, builders, or buyers looking to create additional living space. Buyer to independently verify all development possibilities, zoning, permits, and requirements with the City of Los Angeles. This home is ready for someone to bring their vision and updates to maximize its potential. El Sereno continues to attract attention for its location, accessibility, neighborhood character, and proximity to many of Los Angeles' most desirable areas. Conveniently located near major freeways, shopping, dining, schools, and surrounding communities. Whether you're an investor seeking your next project, a builder looking for a property with development potential, or a buyer looking to create a home tailored to your needs, this property offers plenty of possibilities. **A great opportunity to invest in El Sereno and capitalize on the potential of both the home and the land.**
Location
Los Angeles, Los Angeles County, CA 90032
Open on Google Maps ↗Listed by: Juan Sanchez Jr · Century 21 Allstars
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$4,981
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $62,000 · Loan: $558,000
Average 30-yr fixed rate 7.24% as of Oct 29, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,803
- Property tax (1.25%)
- $646
- Homeowners insurance
- $300
- Mortgage insurance
- $233
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 29, 2026
- 30-year fixed
- 7.24%
- 15-year fixed
- 6.60%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $21,700 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90032 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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