ActiveSingleFamilyResidence

2929 Buckingham

Los Angeles, CA, 90016

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$850,000

MLS: RS26080266

Beds

2

Baths

1

Sq Ft

1,106

Lot

0.14 ac

Year Built

1924

MLS #

RS26080266

Days on Market

1

Listed

Apr 14, 2026

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.

Location

Los Angeles, Los Angeles County, CA 90016

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Listed by: Adrian Cafuentes · PAK Home Realty

Payment estimate

$6,204

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $85,000 · Loan: $765,000

%
Principal & Interest
$4,700
Property tax (1.25%)
$885
Homeowners insurance
$300
Mortgage insurance
$319
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $29,750 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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