2847 Buckingham Rd Los Angeles, CA 90016

Price
Not For Sale
Last Update
Apr 3rd, 2024
Type
Off Market
Status
Off Market
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4 Beds
2466 sqft
Off Market

Snapshot

Property Type
Other
Lot Size
0.16 acres
Property Sqft
2,466
MLS Number
24-356195
Year Built
1924
Days On Market

Description

Explore this quintessential Spanish duplex located in prime West Adams. The property offers multiple investment opportunities due to its RD1.5 zoning and 7,000 sq. ft. lot size. Delivered Vacant and located in an Opportunity Zone, 2847 Buckingham Road has the ability to quickly transform into its highest and best use. As it stands, the current duplex combines charm with modern amenities. Each unit offers its own private entry, spacious living rooms with bright, classic Spanish windows, original wood floors, fully equipped kitchens, laundry areas, two well-sized bedrooms, and naturally lit bathrooms. A newer concrete driveway leads from a gated front yard to a rear parking area with four garages. Development potential allows multiple possibilities (Buyer to verify): 1) Build 4 rental units with ADU(s), taking advantage of the flexibility the state laws now permit. 2) Pursue finishing the already in plan check project for a 4-unit small lot subdivision - each lot with a 3 or 4 story single family home measuring over 1,950 sq. ft of liveable space. 3) Explore the possibility of using Transit Oriented Community incentives as the property is in a Tier 3 TOC. 4) Upgrade the current duplex and add additional ADU(s). Just south of the 10 Freeway, near popular hot spots like Johnny's Pastrami, Cento, as well as Highly Likely, and only a short bike ride from the Farmdale Ave Expo Line Station, this property promises connectivity and convenience.

More Details

Provider
Douglas Elliman of California
MLS ID
CLAWCA
MLS Name
TheMLSCLAW
MLS Number
24-356195
Source
listhub
PARTICIPANT
Name
Michael Druker
Primary Phone
(310) 595-3888
Key
3YD-CLAWCA-C126268
Email
michael.druker@elliman.com
BROKER
Name
Douglas Elliman of California
Phone
(310) 595-3888
OFFICE
Name
Douglas Elliman
Phone
(310) 595-3888
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Listing Removed For Sale$1,299,000 $527Douglas Elliman
Listed For Sale$1,299,000 $527Douglas Elliman
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Nearby Schools

Elementary School

Virginia Road Elementary

0.1 miles awayKG - 05

Elementary School

Glassell Park Elementary

0.5 miles awayKG - 05

Elementary & Middle School

Celerity Troika Charter

0.5 miles awayKG - 08
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