4212 Lockwood Avenue Los Angeles, CA $ 3,700,000
4212 Lockwood Avenue
$ 3,700,000
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4212 Lockwood Avenue

Los Angeles, CA, 90029
$ 3,700,000
Baths0.0 Sq 6,466

Monthly Estimate*

$ 25,846

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $3,700,000. This 6,466 square foot home was built in 1924 on a lot size of 0.21.

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.

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Multi-Family Active

Price

$ 3,700,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Bungalow

Lot Size

0.21

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024373025

Features
General
Sewer None
Heating Wall Furnace
Possession Close of Escrow
Zoning LARD1.5
Architectural Style Bungalow
Year Built 1924
View City Lights
Levels Three or More One
County Los Angeles
Net Operating Income 197589.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Los Angeles
Buyer Agent Compensation 2.25
View Y/N Yes
Senior Community Y/N No
MLS Area C21 - Silver Lake - Echo Park
Lot Size Square Feet 9302.0
Street Name Lockwood
Land Lease Y/N No
Property Condition Updated/Remodeled Additions/Alterations
Additional Parcels Y/N No
Structure Type None
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Flooring Wood
Kitchen Appliances Refrigerator
Total Stories 3
Heating Y/N Yes
Street Suffix Avenue
Laundry Features Washer Included Dryer Included
Total Baths 0
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Exterior
Lot Features Landscaped Rectangular Lot
Lot Size Area 9302.0
Spa No
Pool Y/N? No
Building Area Total 6466.0
Lot Size Acres 0.21
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
Jason Tuvia

Listing Agent

Marcus & Millichap

Broker

Affordability Calculator

$25,846
Per Month
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Monthly Principal & Interest
$25,846
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/26/2024$3,700,000 Listed Price

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4212 Lockwood Avenue, Los Angeles, CA, 90029 is a Multi-Family Home for sale at $3,700,000 with 6,466 sqft and a lot size of 0.21. 4212 Lockwood Avenue is a studio with 0.0 baths and was built in 1924. The property's zip code is 90029 which is in Los Angeles, CA