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1931 1931 Buckingham, Los Angeles, California 90016, Los Angeles, 90016 - 5 bed, 1 bath

1931 1931 Buckingham, Los Angeles, California 90016 home-pic-0
ACTIVE UNDER CONTRACT$925,000
1931 1931 Buckingham, Los Angeles, California 90016
5Beds
1Bath
2,608Sqft
8,497Lot

Price Vs. Estimate

The estimated value ($741,080.75) is $183,919.25 (19%) lower than the list price ($925,000). This property may be overpriced.

Key pros and cons

Top Pros:
Historic Architectural Character: An original Craftsman-style home in the historic Wellingham Square area, featuring preserved architectural details like original wood throughout, a built-in hutch, and bookshelves.
Top Cons:
Extensive Renovation Required: The property currently has no functional kitchen or bathroom, indicating a need for comprehensive and costly renovations to make it habitable.

Compared to the nearby listings

Price:$925.0K vs avg $1.05M ($-125,000)30%
Size:2,608 sqft vs avg 1,419.5 sqft96%
Price/sqft:$355 vs avg $7821%

More Insights

Built in 1915 (110 years old).
Condition: This 1915-built property is explicitly stated to have 'no functional kitchen or bathroom' and is being sold 'AS-IS' with no repairs from the seller, requiring a cash-only purchase. The images confirm severe wear on hardwood floors and outdated fixtures throughout. While the Craftsman style and original wood offer potential, the property is currently unlivable and requires substantial repairs and rehabilitation of major systems to be habitable, aligning with the 'poor' condition criteria.
Year Built
1915
Close
-
List price
$925K
Original List price
$925K
Price/Sqft
$355
HOA
-
Days on market
-
Sold On
-
MLS number
DW25231032
Home ConditionPoor
Features
ViewNeighborhood

About this home

Probate/Short Sale : One of few Craftman-Style Homes Available in sought after historic Wellingham square area. Oriiginal wood throughout, with a built-in hutch in the dining room, bookshelves, and much more. Four bedrooms upstairs with walk -in closets. This home set on a large lot approx 8500 sq ft with living space approx 2600sqft. This home is located in a quiet neighborhood , tree lined street surrounded by multi-million dollar homes. Please bear in mind CASH only the home has no functional kitchen or bathroom and will not quality for a loan. This property is sold in it's "AS-IS " CONDITION. Seller will not make any repairs, termite work, no government retrofit requirement. Buyer to assume all responsibilities and conduct their own due diligence. Great investment for developers , or a family looking to make this their dream home. SUPRA WILL BE INSTALLED ON 10/3/2025

Price History

Date
Event
Price
08/15/69
Sold
$30,000
Condition Rating
Poor
This 1915-built property is explicitly stated to have 'no functional kitchen or bathroom' and is being sold 'AS-IS' with no repairs from the seller, requiring a cash-only purchase. The images confirm severe wear on hardwood floors and outdated fixtures throughout. While the Craftsman style and original wood offer potential, the property is currently unlivable and requires substantial repairs and rehabilitation of major systems to be habitable, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Historic Architectural Character: An original Craftsman-style home in the historic Wellingham Square area, featuring preserved architectural details like original wood throughout, a built-in hutch, and bookshelves.
Prime Location: Located in a quiet, tree-lined neighborhood surrounded by multi-million dollar homes in a sought-after area of Los Angeles.
Generous Lot Size: Set on a substantial lot of approximately 8500 sq ft, offering significant outdoor space or potential for future development.
Spacious Interior: Boasts approximately 2600 sq ft of living space, including four upstairs bedrooms with walk-in closets, providing ample room for a family.
High Investment Potential: Presents a significant opportunity for developers or a family looking to undertake a major renovation to create a custom dream home in a desirable location.

Cons

Extensive Renovation Required: The property currently has no functional kitchen or bathroom, indicating a need for comprehensive and costly renovations to make it habitable.
Cash-Only Purchase: Due to its condition, the property will not qualify for traditional financing, severely limiting the potential buyer pool to cash-only investors or purchasers.
Strict 'As-Is' Sale: Sold strictly in 'AS-IS' condition, with the seller explicitly stating no repairs, termite work, or government retrofit requirements will be met, placing all responsibility and associated costs on the buyer.

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