Seller's Agent in 2021
Anie Mayelian
Keller Williams Realty Calabasas
(818) 915-9118
2 in this area
30 Total Sales
2853 Buckingham Rd Los Angeles, CA 90016
West Adams NeighborhoodEstimated Value: $1,541,000 - $2,032,000
8
Beds
4
Baths
5,207
Sq Ft
$342/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Lawn
- Wall Furnace
- Corner Lot
- Laundry Room
About This Home
As of March 2021PRICE 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.
Last Listed By
Keller Williams Realty Calabasas License #00778825 Listed on: 01/20/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,652
Year Built
- Built in 1930
Lot Details
- 7,000 Sq Ft Lot
- No Common Walls
- Corner Lot
- Lawn
Parking
- 4 Car Garage
Home Design
- 5,207 Sq Ft Home
- Partial Copper Plumbing
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Additional Features
- Laundry Room
- Exterior Lighting
- Wall Furnace
Listing and Financial Details
- Tax Lot 406
- Tax Tract Number 5780
- Assessor Parcel Number 5050012025
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- Rent Control
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $900
- Insurance Expense $2,258
- Water Sewer Expense $2,887
- New Taxes Expense $20,988
- Operating Expense $27,033
- Gross Income $104,280
- Net Operating Income $74,119
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 16, 2024
Sold by
Bonse Gustav F and Bonse Maria L
Bought by
Las Casas Llc
Total Days on Market
13
Current Estimated Value
Purchase Details
Listed on
Jan 20, 2021
Closed on
Mar 11, 2021
Sold by
Buckingham Partners Llc
Bought by
Bonse Gustav F and Bonse Maria L
Seller's Agent
Anie Mayelian
Keller Williams Realty Calabasas
Buyer's Agent
Anie Mayelian
Keller Williams Realty Calabasas
List Price
$1,675,000
Sold Price
$1,570,000
Premium/Discount to List
-$105,000
-6.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.47%
Original Mortgage
$1,000,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 5, 2015
Closed on
May 11, 2015
Sold by
Attipa Raymond and Attipa Tigranouhi Diana
Bought by
Buckingham Partners Llc
Seller's Agent
Anie Mayelian
Keller Williams Realty Calabasas
Buyer's Agent
Anie Mayelian
Keller Williams Realty Calabasas
List Price
$925,000
Sold Price
$873,000
Premium/Discount to List
-$52,000
-5.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%
Original Mortgage
$609,000
Interest Rate
3.64%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 5, 2015
Closed on
Mar 27, 2015
Sold by
Dampeer Shirley and The Shirley Dampeer Living Tru
Bought by
Attip Raymond and Attipa Tigranaouhi Diana
Seller's Agent
Anie Mayelian
Keller Williams Realty Calabasas
Buyer's Agent
Anie Mayelian
Keller Williams Realty Calabasas
List Price
$925,000
Sold Price
$873,000
Premium/Discount to List
-$52,000
-5.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$609,000
Interest Rate
3.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2010
Sold by
Dampeer Shirley and Dampeer Worsham Shirley
Bought by
Dampeer Shirley and Shirley Dampeer Living Trust O
Purchase Details
Closed on
Jul 7, 2006
Sold by
Dampeer Worsham Shirley
Bought by
Dampeer Worsham Shirley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
6.57%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Jan 12, 2004
Sold by
Worsham Gregory D
Bought by
Dampeer Worsham Shirley J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.61%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Dec 31, 1998
Sold by
Dampeer Worsham Shirley J
Bought by
Dampeer Dampeer Worsham Shirley J Worsham Shirley J and Dampeer Worsham Gregory
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Las Casas Llc | -- | None Listed On Document | |
| Bonse Gustav F | $1,570,000 | First American Title | |
| Buckingham Partners Llc | -- | None Available | |
| Attip Raymond | $873,000 | First American Title | |
| Dampeer Shirley | -- | None Available | |
| Dampeer Worsham Shirley | -- | First American Title | |
| Dampeer Worsham Shirley J | -- | -- | |
| Dampeer Dampeer Worsham Shirley J Worsham Shirley J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bonse Gustav F | $1,000,000 | |
| Previous Owner | Attip Raymond | $609,000 | |
| Previous Owner | Dampeer Worsham Shirley | $588,000 | |
| Previous Owner | Dampeer Worsham Shirley J | $472,500 | |
| Previous Owner | Dampeer Worsham Shirley J | $368,000 | |
| Previous Owner | Dampeer Worsham Shirley J | $115,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/22/2021 03/22/21 | Sold | $1,570,000 | -4.8% | $302 / Sq Ft |
| 01/27/2021 01/27/21 | Price Changed | $1,650,000 | -1.5% | $317 / Sq Ft |
| 01/20/2021 01/20/21 | For Sale | $1,675,000 | +91.9% | $322 / Sq Ft |
| 05/18/2015 05/18/15 | Sold | $873,000 | -5.6% | $168 / Sq Ft |
| 04/30/2015 04/30/15 | Pending | -- | -- | -- |
| 03/05/2015 03/05/15 | For Sale | $925,000 | -- | $178 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $20,652 | $1,666,096 | $955,087 | $711,009 |
| 2023 | $20,259 | $1,633,428 | $936,360 | $697,068 |
| 2022 | $19,327 | $1,601,400 | $918,000 | $683,400 |
| 2021 | $12,011 | $969,306 | $680,624 | $288,682 |
| 2020 | $12,128 | $959,368 | $673,646 | $285,722 |
| 2019 | $11,659 | $940,558 | $660,438 | $280,120 |
| 2018 | $11,561 | $922,117 | $647,489 | $274,628 |
| 2016 | $11,018 | $886,313 | $622,348 | $263,965 |
| 2015 | $3,614 | $265,091 | $106,034 | $159,057 |
| 2014 | -- | $259,899 | $103,957 | $155,942 |
Source: Public Records
Agents Affiliated with this Home
-
Anie Mayelian
-
A
Seller Co-Listing Agent in 2015
Allison Rusler
No Firm Affiliation
Map
Similar Homes in Los Angeles, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR21012707
APN: 5050-012-025
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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