2853 Buckingham Road, Los Angeles, CA 90016

• 8 beds
• 5,207 sqft

Property Description

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.

Listing Status:

Active

Date Added:

October 21, 2025 at 05:00AM

Listing Office:

Keller Williams Realty Calabasas : 818-657-6500

Listing Agent:

Anie Mayelian : 818-915-9118

MLS ID:

CRSR25243249

Interior

• Laundry: Inside

Location

• HOA Amenities: 0.0
• County: Los Angeles

Lot

• Zoning: LARD5050012025

This listing courtesy of Anie Mayelian, Keller Williams Realty Calabasas