1603 Buckingham Road, Los Angeles, California 90019, Los Angeles, 90019 - 3 bed, 2 bath
ACTIVE$1,549,000
1603 Buckingham Road, Los Angeles, California 90019
3Beds
2Baths
2,336Sqft
6,099Lot
Price Vs. Estimate
The estimated value ($1,404,678.32) is $144,321.68 (9%) lower than the list price ($1,549,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Historic Location: Situated in Lafayette Square, one of Los Angeles' most desirable and historic neighborhoods, offering easy access to shopping, dining, and cultural landmarks.
Top Cons:
Extensive Renovation Required: The property is presented as an opportunity to 'restore and reimagine,' indicating it will require significant investment in time and resources for updates and modernization.
Compared to the nearby listings
Price:$1.55M vs avg $1.42M (+$134,000)64%
Size:2,336 sqft vs avg 1,781.5 sqft76%
Price/sqft:$663 vs avg $79723%
More Insights
Built in 1939 (86 years old).
Condition: Built in 1939, this property is explicitly marketed as an 'opportunity for investors and flippers' to 'restore and reimagine a vintage gem,' indicating extensive work is needed. The images confirm this, particularly in the kitchen and bathrooms. The kitchen features very dated dark wood cabinets, old countertops, and what appear to be original appliances and flooring. The bathrooms showcase original pink/peach tile, pedestal sinks, and outdated fixtures, requiring a complete overhaul. The listing also notes 'Age-Related System Concerns' (plumbing, electrical, HVAC) as a weakness. While structurally sound, the property requires substantial rehabilitation and replacement of major components to meet modern standards, aligning with a 'poor' condition score.
Year Built
1939
Close
-
List price
$1.55M
Original List price
$1.55M
Price/Sqft
$663
HOA
$100
Days on market
-
Sold On
-
MLS number
25605225
Home ConditionPoor
Features
View
About this home
Charming 1939 Traditional in Prime Los Angeles Location, lovely 1939 home is a dream opportunity for investors and flippers alike. Classic period details include crown moldings, a beautiful spiral staircase, hardwood floors, original tile, and two fireplaces located in the living room and den. Formal dining and living rooms add to the timeless appeal. With the right touches, this could be a true showcase home. Located in Lafayette Square, one of the city's most desirable and historic neighborhoods, the property offers easy access to shopping, dining, and cultural landmarks. Offering 2,336 square feet of living space on a 6,140 square foot lot, this 3-bedroom, 2-bath residence is filled with character and potential. This is the lowest-priced home in years in Lafayette Square, a rare opportunity to restore and reimagine a vintage gem in a premier Los Angeles location.
Nearby schools
4/10
Alta Loma Elementary School
Public,•K-5•0.4mi
3/10
Arlington Heights Elementary School
Public,•K-5•0.6mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•0.4mi
4/10
Los Angeles Senior High School
Public,•9-12•0.7mi
Price History
Date
Event
Price
01/29/99
Sold
$250,000
Condition Rating
Poor
Built in 1939, this property is explicitly marketed as an 'opportunity for investors and flippers' to 'restore and reimagine a vintage gem,' indicating extensive work is needed. The images confirm this, particularly in the kitchen and bathrooms. The kitchen features very dated dark wood cabinets, old countertops, and what appear to be original appliances and flooring. The bathrooms showcase original pink/peach tile, pedestal sinks, and outdated fixtures, requiring a complete overhaul. The listing also notes 'Age-Related System Concerns' (plumbing, electrical, HVAC) as a weakness. While structurally sound, the property requires substantial rehabilitation and replacement of major components to meet modern standards, aligning with a 'poor' condition score.
Pros & Cons
Pros
Prime Historic Location: Situated in Lafayette Square, one of Los Angeles' most desirable and historic neighborhoods, offering easy access to shopping, dining, and cultural landmarks.
Classic Architectural Charm: Built in 1939, the home retains classic period details including crown moldings, a spiral staircase, hardwood floors, original tile, and two fireplaces, providing significant character.
Significant Investment Potential: Described as a 'dream opportunity for investors and flippers' and the 'lowest-priced home in years in Lafayette Square,' presenting a rare chance to restore a vintage gem.
Generous Space: Offers a substantial 2,336 square feet of living space on a 6,140 square foot lot, providing ample room for living and potential expansion.
Foundation for a Showcase Home: With its inherent character and prime location, the property has the potential to be transformed into a true showcase home with the right restoration.
Cons
Extensive Renovation Required: The property is presented as an opportunity to 'restore and reimagine,' indicating it will require significant investment in time and resources for updates and modernization.
Potential Overpricing: The current listing price of $1.549M is higher than the estimated property value of $1.415M, suggesting it may be priced above current market expectations.
Age-Related System Concerns: As a 1939 build, the property likely has original or older systems (plumbing, electrical, HVAC) that may require inspection, repair, or replacement, adding to renovation costs.