NOT LISTED FOR SALE
26 Beds
18 Baths
18,026 Sq Ft
0.65 Acres

Last Sold June 15, 2020

Last sale price $3,600,000 $200 Per Sq Ft

53 Days on Market

Highlights

  • 28,210 Sq Ft lot
  • Forced Air Heating System
  • 18 Car Garage

About This Home

As of June 2020

4178 Buckingham Road is an 18-unit, value-add, garden-style apartment community located in Baldwin Village (90008) on an exceptionally large 28,209 SF corner parcel of land. It is an attractive acquisition in today's market. Buyers will be expected to comply with all City required retrofit requirements (smoke and carbon dioxide detectors, water conservation, seismic gas shut-off valves, etc,) if necessary, after the close of escrow. Access and interior viewing will be extremely limited. Experience investors with existing portfolios, and who appreciate the current atmosphere, are expected. Built in 1948 and including 18,026 SF of improvements, 4178 Buckingham Road features an exceptional unit composition benefitting ease of management and rental of units with Ten One Bedroom One Bath and Eight Two Bedroom/One Bath apartment homes. All apartments include large living spaces, formal dining rooms, metal casement windows with most featuring original hardwood flooring and dishwashers.

Last Agent to Sell the Property

Nick Astrupgaard

KW Commercial Studio City License #01893466 Listed on: 04/20/2020

KW Commercial Studio City

Co-Listed By

Rich Johns

KW Commercial Studio City License #01432215

Last Buyer's Agent

Nick Astrupgaard

KW Commercial Studio City License #01893466 Listed on: 04/20/2020

KW Commercial Studio City

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 0.65 Acre Lot

Parking

  • 18 Car Garage

Interior Spaces

  • 18,026 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 26 Bedrooms
  • 18 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System

Community Details

  • 2 Buildings
  • 18 Units

Listing and Financial Details

  • Assessor Parcel Number 5032-016-010

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 18026
  • Stories: 2
  • Year Built: 1948
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 26
  • Total Bathrooms: 18.00
  • Price Per S Q F T: 209.42

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 18

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Forced Air

Lot Info

  • Assessor Parcel Number: 5032-016-010
  • Geocode Override: No
  • Lot Size Area: 28210

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.50
  • Number Of Units: 18
  • Total Annual Expense: 107705
  • Type Of Units: Apartments
  • Vacancy Rate: 94%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $3,600,000 -4.6% $200 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
04/20/2020 04/20/20 For Sale $3,775,000 -- $209 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-572204

The MLS