4212 Lockwood Avenue, Los Angeles, CA 90029 (MLS # 24373025)

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PRICE $3,400,000 dsIDX morgage calculator
BEDS 14
BATHS 13
HOME SIZE 6,466 sqft
LOT SIZE 9,301 sqft

We are pleased to present a twelve (12) unit apartment building located at 4212 Lockwood Avenue in Los Angeles, California. The subject property is located in a prime Virgil Village location one (1) block from Silver Lake, south of Santa Monica Boulevard and east of Virgil Avenue. Built in 1924, this property contains a great unit mix of ten (10) one-bedroom / one-bathroom units and two (2) two-bedroom / one and a half-bathroom brand new construction townhouse style units. These character, Spanish style bungalow units are well-maintained with a lovely center courtyard. Select units are fully renovated. The two (2) ADUs in the back are three-story townhouse style units detached from the main structure with a large balcony on each, in-unit laundry, and premium finishes. Tenants will love living one (1) block away from Silver Lake, just down the street from incredible retail, restaurant, and entertainment amenities along Sunset Junction. Some of these amenities include Erewhon, Intelligentsia, The Black Car, 4100 Bar, Naturewell Vegan, Warby Parker, Madewell Men's, Yolk, La Colombe Roasters, and many more. The area invites young professionals with central access to Downtown and Hollywood employment hubs. Situated in a prime Virgil Village location one (1) block from Silver Lake, this offering presents an excellent opportunity for any investor to acquire a character, Spanish bungalow style building with good initial cash flow and strong rental upside potential.

DAYS ON MARKET 54 LAST UPDATED 4/22/2024
YEAR BUILT 1924 COMMUNITY Silver Lake - Echo Park
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Apr 22, '24 $3,700,000
Apr 22, '24 - Today $3,400,000


ADDITIONAL DETAILS
APPLIANCES Dryer, Refrigerator, Washer
AREA Silver Lake - Echo Park
BUYER'S BROKERAGE COMPENSATION 2.250 %
GARAGE None
HEAT Wall Furnace
LOT 9302 sq ft
LOT DESCRIPTION Landscaped, Rectangular Lot
PARKING None
POOL DESCRIPTION None
STORIES 1
STYLE Bungalow
VIEW Yes
VIEW DESCRIPTION City Lights
ZONING LARD1.5
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Marcus & Millichap

Based on information from CRMLS as of 5/19/24 5:54 AM PDT. The information being provided by CRMLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CRMLS. 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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