2929 Buckingham

Los Angeles CA 90016

$850,000

Status: Active


Property Details

Description

Whether you are a first-time buyer looking to "house hack" your way into one of LA’s most vibrant neighborhoods, or a developer seeking a high-margin project with Tier 3 TOC potential, 2929 Buckingham Rd is the opportunity you’ve been waiting for. Located on a picturesque, palm-tree-lined street, this property offers the perfect blend of 1920s character and future-proof scalability. Spanish style 2bed 1 bath with a 2 car garage sitting on an ample lot to redevelop or to add an ADU helping you increase it's rental income. Live in the front unit and let a newly built back unit pay a significant portion of your mortgage. Zoned LAR2 on a massive 6,300+ sq. ft. lot. With TOC Tier 3 incentives and SB 9 options, the density potential here is massive. Immediate access to the I-10 Freeway and a short walk to the Metro E Line (Crenshaw/Expo Station). You can be in Santa Monica or Downtown LA in 20 minutes without touching your car.

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