4212 Lockwood Avenue, Los Angeles, CA 90029 (MLS # 24373025)
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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 |
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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 |
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Apr 22, '24 - Today | $3,400,000 |
ADDITIONAL DETAILS | |
APPLIANCES | Dryer, Refrigerator, Washer |
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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 |
TOTAL MONTHLY PAYMENT
SATELLITE VIEW |
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