PRICE REDUCED! Exceptional Spanish style 4 plex located in the West Adams area of Los Angeles. Located in the opportunity zone which can offer powerful tax incentives for investors. 2853 Buckingham is a stunning property located within 3 miles from the USC, 5 miles to LA Live/Staples Center and 4.5 miles from the Grove. For an unbeatable price of $1,650,000, you'll get 3 remodeled units with actual income of $104,280 and a current CAP rate of 4.5%. Utilizing rent raises through capital improvements and unit renovations increase CAP to 5.3%. The well-maintained building features four 2 bedrooms/1 bathroom units in the 2-story property with spacious floor plans and 4 car parking garages. The property is approximately 5,207 rentable sq/ft per assessor situated on 7,000 sq/ft lot per assessor. Each apartment has an in-unit washer/dryer room. Actual income of $104,280. Separately metered for gas/electric and individual water heaters. Buyer to verify square footage, bedroom/bathroom count, lot size, permitted or unpermitted spaces and all other features of the property. Buyers to independently investigate the accuracy of all the information pertaining to the property and conduct their own due diligence through appropriate professionals.
Multi-familyProperty Type
1930Year Built
7,000 sq ftLot Size
$293Est. Price/Sq.Ft.
4 car garageParking
Listed by Anie Mayelian•DRE #00778825• Equity Union
Bought with Anie Mayelian•DRE #00778825• Equity Union
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
7,002 Sq. Ft.
Year renovated
—
Sq. Ft.
2,558
Year built
1930
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
5050012025
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 29, 2026.
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 4
# of Parking Spaces: 4
Interior
Laundry Information
Has Laundry
Inside
Flooring Information
Laminated, Tile, Wood
Heating Information
Wall Heater
Has Heating
Interior Features
Copper Plumbing Partial
Unit Type 1 Information
Unit Key Numeric: 10703599
Listing Key Numeric: 365118442
Actual Rent: $1,520
Total # of Beds: 2
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $1,520
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 10703600
Listing Key Numeric: 365118442
Actual Rent: $2,400
Furnished: Unfurnished
Total # of Beds: 2
# of Garage Spaces: 1
Total Rent: $2,400
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 365118442
Unit Key Numeric: 10703601
Actual Rent: $2,400
Total # of Beds: 2
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $2,400
Total # of Units: 1
Unit Type 4 Information
Listing Key Numeric: 365118442
Unit Key Numeric: 10703602
Actual Rent: $2,095
Total # of Beds: 2
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $2,095
Total # of Units: 1
Expenses
Total: $27,032.80
Insurance: $2,258
Water Sewer: $2,886.80
New Taxes: $20,988
Gardener: $900
Multi-Unit Information
Net Operating Income: $74,118.82
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 5,207
Gross Scheduled Income: $104,280
Gross Income: $104,280
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 4
# Of Separate Electric Meters: 5
# Of Buildings: 2
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Corner Lot, Lawn
Property Information
Total # of Units: 4
Common Walls: No Common Walls
Parcel Number: 5050012025
Year Built Source: Assessor
Financial
Lease / Rental Details
Operating Expense: $27,032.70
Rent Control
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Sidewalks, Street Lighting
Location Information
Latitude: 34.02960700
Longitude: -118.34073900
Directions: Buckingham Rd and W 29th St
Zoning: LARD1.5
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,558
Stories: —
Lot Size: 7,002 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1930
Year Renovated: —
County: Los Angeles County
APN: 5050012025
Home facts updated by county records on Aug 29, 2026
Other
Listing Information
Days Active in MLS: 13
Continuous Days Active in MLS: 159
Listing Agent Information
List Agent First Name: Anie
List Agent Last Name: Mayelian
Listing Office Information
List Office Name: Keller Williams Encino-Sherman Oaks
Selling Agent Information
Buyer Agent First Name: Anie
Buyer Agent Last Name: Mayelian
Selling Office Information
Buyer Office Name: Keller Williams Encino-Sherman Oaks
Around this home
Schools
Virginia Road Elementary School
Public K-5 • Assigned • 0.1mi
8/10
Johnnie Cochran, Jr., Middle School
Public 6-8 • Assigned • 1.2mi
3/10
Susan Miller Dorsey Senior High School
Public 9-12 • Assigned • 0.6mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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