4212 Lockwood AVE Active

Los Angeles,CA 90029

$ 3400000

14 Beds

13 Baths

6466 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,466 sqft

Price per Sqft $525

MLS Listing ID 24373025

Bedrooms 14

Construction Status Additions/Alterations,Updated/Remodeled

HOA Y/N No

Year Built 1924

Lot Size 9,300 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 C21 - Silver Lake - Echo Park

Zoning LARD1.5

Interior

Heating Wall Furnace

Flooring Wood

Fireplace No

Appliance Refrigerator,Dryer,Washer

Exterior

Garage None

Pool None

View Y/N Yes

View City Lights

Porch Open,Patio

Parking Type None

Private Pool No

Building

Lot Description Landscaped,Rectangular Lot

Story 3

Entry Level One,Three Or More

Architectural Style Bungalow

Level or Stories One,Three Or More

New Construction No

Construction Status Additions/Alterations,Updated/Remodeled

Others

Senior Community No

Tax ID 5539007005

Special Listing Condition Standard

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