Buckingham RD Lot 406
Los Angeles, CA, 90016
$1,485,000
Beds
0 Baths
0 SqFt
0.16 Acres
Add
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We are proud present an exceptional Spanish style 4-unit building in the heart of West Adams. Built in 1930, the subject consists of four spacious 2 bedroom / 1 bath units each with Spanish style details and charm, in-unit washer/dryers, and individual water heaters. Located in an opportunity zone which can offer powerful tax incentives for investors. Recent improvements to the well-maintained building include exterior paint, new fencing surrounding the property, main sewer line replacement, roof weather coating, and interior remodeling of 2 units. Highly desirable corner lot at the intersection of Buckingham Rd and 29th St with 4 covered garages. 3 garages are vacant and can either be rented for at least $125 each or can be built into 1 or more ADUs to generate further rental income. With current rental upside of 35%, the building presents an amazing value add opportunity in an unbeatable location close to Downtown LA, the 10 freeway, and the Westside. All units are currently eligible for City of LA 3% annual rent increase, which buyer can implement immediately to bring annual income to $105,245.40.

Property Details

Price:
$1,485,000
MLS #:
SR25243249
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
c16
Listed Date:
Oct 22, 2025
Total Sq Ft:
5,207
Lot Size:
7,000 sqft / 0.16 acres (approx)
Year Built:
1930
C16C16

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Schools

Interior

Laundry Features
IN

Exterior

Community Features
SDW, STM, SL, CRB
Parking Spots
4

Financial

Gross Operating Income
$99,115
Net Operating Income
$65,967

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Nov 19, 2025
1,952
Single Family Listed
53
Avg DOM
1,062
Avg $ / SqFt
$1,931,064
Avg List Price

Property Summary

    Buckingham RD Lot 406 Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90016. It is listed for $1,485,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1930. The average price per square foot for Single Family listings in Los Angeles is $1,062. The average listing price for Single Family in Los Angeles is $1,931,064.

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Buckingham RD Lot 406
Los Angeles, CA