4212 Lockwood Ave Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90029
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,466 sqft
Price per Sqft $525
MLS Listing ID 24-373025
Style Bungalow
Bedrooms 14
Year Built 1924
Lot Size 9,302 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area Silver Lake - Echo Park
Zoning LARD1.5
Rooms
Other Rooms Accessory Bldgs
Interior
Heating Wall
Cooling Air Conditioning
Flooring Wood
Equipment Built-Ins, Refrigerator, Range/Oven, Washer, Dryer
Laundry In Unit
Exterior
Garage None
Pool None
View Y/N Yes
View City
Building
Lot Description Landscaped, Lot Shape-Rectangular, Single Lot
Story 3
Others
Special Listing Condition Standard