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2822 Buckingham Road, Los Angeles, California 90016, Los Angeles, 90016 - bed, bath

2822 Buckingham Road, Los Angeles, California 90016 home-pic-0
ACTIVE$1,450,000
2822 Buckingham Road, Los Angeles, California 90016
0Bed
0Bath
2,752Sqft
6,550Lot
Year Built
1924
Close
-
List price
$1.45M
Original List price
$1.45M
Price/Sqft
$527
HOA
-
Days on market
-
Sold On
-
MLS number
P1-23127
Home ConditionGood
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.45M(57th), sqft - 2752(50th), beds - undefined(50th), baths - undefined(50th).

DO NOT WALK PROPERTY!! FULLY TENANT-OCCUPIED. SUBMIT OFFER SUBJECT TO INTERIOR INSPECTION. Exceptional opportunity to own a charming, well-maintained 3-unit income property in the heart of the rapidly growing West Adams/Mid-City neighborhood. Each unit has 2 bedrooms and 1 bathroom with in-unit laundry and fire sprinklers. Two of the units have updated interiors with wood flooring and tiled kitchens. All utilities are separately metered. Front left duplex unit (2822) has 1 wall heater in hallway. Front right duplex unit (2824) has central AC & heat as does 3rd unit in rear (2822 1/2), which is connected to front duplex by a stairwell wall, added & permitted in 2020. This 2nd floor unit (2822 1/2) is above 2 single car garages. On-site parking accommodates 2 in the garages and 2-3 additional cars if desired in driveway. Section 8 unit is eligible for increase Sep 2025 and other 2 units are eligible for 4% increases in Spring 2026. Conveniently located near major corridors such as La Brea Ave, Jefferson Blvd, and 10 Freeway access, this property is just minutes from Culver City, Downtown LA, USC, and the Expo Line. Whether you're a savvy investor or looking for an owner-user opportunity, 2822 Buckingham Road offers flexibility, location, and cash flow in a dynamic rental market.

Nearby schools

5/10
Virginia Road Elementary School
Public,•K-5•0.1mi
5/10
Cienega Elementary School
Public,•K-5•0.8mi
4/10
Alta Loma Elementary School
Public,•K-5•0.8mi
3/10
Sixth Avenue Elementary School
Public,•K-5•1.0mi
3/10
Arlington Heights Elementary School
Public,•K-5•1.2mi
6/10
Marvin Elementary School
Public,•K-5•1.4mi
6/10
Baldwin Hills Elementary School
Public,•K-5•1.5mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•1.1mi
2/10
Audubon Middle School
Public,•6-8•1.6mi
3/10
Daniel Webster Middle School
Public,•6-8•5.5mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•0.6mi
6/10
Alexander Hamilton Senior High School
Public,•9-12•2.8mi

Price History

Date
Event
Price
07/08/25
Listing
$1,450,000
01/28/15
Sold
$510,000
07/25/14
Sold
$336,000
Condition Rating
Good
While the property was built in 1924, the listing explicitly states that 'Two of the units have updated interiors with wood flooring and tiled kitchens.' The provided images confirm these updates are very recent and high-quality, featuring modern dark wood cabinetry, white quartz countertops, stainless steel appliances (Whirlpool range, dishwasher, microwave), contemporary herringbone tile backsplashes, and updated bathrooms with modern vanities and large-format tile. A stairwell addition was also permitted in 2020, indicating recent structural work. These significant renovations in the majority of the units elevate the property's condition beyond 'Fair.' However, the property has not undergone a full, comprehensive renovation across all units (one unit is implied to be not updated, and one still has a wall heater), and the exterior shows its age, preventing an 'Excellent' rating. The overall condition aligns with 'Good' as it is move-in ready for the updated units, and major systems are functional, with significant components updated within the last 5-15 years.
Pros & Cons

Pros

Prime Location & Connectivity: Situated in the rapidly growing West Adams/Mid-City neighborhood, offering excellent access to major corridors, freeways, Culver City, Downtown LA, USC, and the Expo Line, ensuring strong tenant demand.
Robust Income Potential: A fully tenant-occupied triplex with immediate cash flow and documented future rent increase eligibility (Section 8 unit in Sep 2025, other two in Spring 2026), providing clear investment upside.
Desirable Unit Amenities: Each 2-bedroom, 1-bathroom unit includes highly sought-after in-unit laundry and fire sprinklers, with two units featuring updated interiors (wood flooring, tiled kitchens), enhancing tenant appeal.
Operational Efficiency & Parking: All utilities are separately metered, minimizing landlord expenses, complemented by ample on-site parking (garages and driveway), a significant convenience for tenants.
Well-Maintained with Permitted Upgrades: Described as charming and well-maintained, including a permitted 2020 addition for the third unit, indicating responsible ownership and recent, legal improvements.

Cons

Restricted Property Access: The property is fully tenant-occupied with strict 'DO NOT WALK PROPERTY' instructions, requiring offers to be subject to interior inspection, which can complicate initial due diligence for buyers.
Inconsistent HVAC Systems: One unit is equipped with only a wall heater, contrasting with central AC/heat in the other two units, potentially leading to tenant comfort disparities or future upgrade costs.
Age-Related Maintenance Considerations: Built in 1924, despite being well-maintained, the property's age may imply potential for ongoing maintenance or future capital expenditures related to older infrastructure not explicitly updated.

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