4178 Buckingham Road is an 18-unit, value-add, garden-style apartment community located in Baldwin Village (90008) on an exceptionally large 28,209 SF corner parcel of land. It is an attractive acquisition in today's market. Buyers will be expected to comply with all City required retrofit requirements (smoke and carbon dioxide detectors, water conservation, seismic gas shut-off valves, etc, ) if necessary, after the close of escrow. Access and interior viewing will be extremely limited. Experience investors with existing portfolios, and who appreciate the current atmosphere, are expected. Built in 1948 and including 18,026 SF of improvements, 4178 Buckingham Road features an exceptional unit composition benefitting ease of management and rental of units with Ten One Bedroom One Bath and Eight Two Bedroom/One Bath apartment homes. All apartments include large living spaces, formal dining rooms, metal casement windows with most featuring original hardwood flooring and dishwashers.
Multi-familyProperty Type
1948Year Built
0.65 acresLot Size
$200Price/Sq.Ft.
1 garage spacesParking
Listed by Nick Astrupgaard•DRE #01893466• KW Commercial Studio City
•818-432-1580 (agent)
•nastrupgaard@kw.com (agent)
Listed by Rich Johns•DRE #01432215• KW Commercial Studio City
•213-305-9026 (agent)
•richjohns@kw.com (agent)
Bought with Nick Astrupgaard•DRE #01893466• KW Commercial Studio City
Bought with Rich Johns•DRE #01432215• KW Commercial Studio City
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.65 Acres
Year renovated
1948
Sq. Ft.
18,026
Year built
1948
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
5032016010
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 29, 2026.
Mar 20, 2025 • Final
Electrical
Install new utility meters.
Electrical
Electric meter
Mar 20, 2025 • Final
Electrical
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Garage
Garage
Parking
# of Parking Spaces (Total): 18
Interior
Equipment
Other
Heating & Cooling
Wall Unit Cooling, Other Cooling
Forced Air Heating
Multi-Unit Income
Gross Income: 280229
Gross Operating Income: $274,625
Net Operating Income: $166,920
Multi-Unit Expenses
Total Annual Expense: $107,705
Multi-Unit Other Financial Information
Cap Rate: 4.4
Gross Rent Multiplier: 13.5
Vacancy Rate: 94
Scheduled Actual: Actual
Multi-Unit Information
Unit Type Type: 1, 2
Type Of Units: Apartments
# of Buildings: 2
Unit 1 Information
# of Beds: 1
# of Baths: 1.00
Rent: $11,938
Projected Rent: $16,500
Actual Rent: $11,938
# of Units: 10
Unit 2 Information
# of Beds: 2
# of Baths: 1.00
Rent: $11,414
Projected Rent: $16,800
Actual Rent: $11,414
# of Units: 8
Exterior
Building Information
Total Floors: 2
Property Information
Property Type: Residential Income
Land Information
Other Structures: None
Lot Information
Lot Size (Sq. Ft.): 28,210
Zoning: LAR3
Financial
Assessment Information
Assessor Parcel Number: 5032-016-010
Location
Community Information
# of Units in Complex (Total): 18
Location Information
Directions: GPS
Public facts
Beds: —
Baths: —
Sq. Ft.: 18,026
Stories: —
Lot Size: 0.65 acres
Style: Multi-Family (5+ Unit)
Year Built: 1948
Year Renovated: 1948
County: Los Angeles County
APN: 5032016010
Home facts updated by county records on Aug 29, 2026
Other
Documents & Disclosures
Disclosures: As Is
Co Selling Agent Information
First Name: Rich
Last Name: Johns
License #: 01432215
Around this home
Schools
Hillcrest Drive Elementary School
Public K-5 • Assigned • 0.3mi
3/10
Audubon Middle School
Public 6-8 • Assigned • 0.9mi
3/10
Susan Miller Dorsey Senior High School
Public 9-12 • Assigned • 0.9mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
LA's real estate market stays a top-tier profit machine through the mid point of26! Strong demand, tight inventory, and the city's allure drive steady 3-7% appreciation. High equity and robust rents make it ideal for long-term investors seeking...
reliable, high-value wealth growth in this iconic City.
The Los Angeles market is transitioning from a strong Sellers market to a much more balanced market. Buyers have more choices, but Sellers can still achieve excellent results if they price competitively and present their homes well.
The real estate market is becoming more balanced. Buyers have more inventory, more data, and more time to make informed decisions than they did a year ago. Well-priced homes are still moving quickly, but today’s market rewards preparation, strategy,...