4408 Lockwood Avenue Los Angeles, CA ^$ 3,200,000

4408 Lockwood Avenue

^$ 3,200,000

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4408 Lockwood Avenue

Los Angeles, CA, 90029

^$ 3,200,000

Studio Baths0.0 Sq 12,580

Monthly Estimate*

^$ 20,205

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $3,200,000. This 12,580 square foot home was built in 1928 on a lot size of 0.25.

4408 Lockwood represents a compelling value-add opportunity for a new owner to capture significant embedded upside with a substantial head start already in place. Current ownership has already turned ten of the property's twenty units and invested in major capital improvements including a new roof, plumbing upgrades, upgraded electrical, and a bolted foundation reducing near-term capex risk for a new buyer. The property is currently operating at a 6.04%cap rate and 9.17 GRM on in-place rents, reflecting an approximately 22.2% loss to lease relative to market. By continuing to turn the remaining units and capturing existing loss to lease, a new owner can grow NOI by roughly 47% and drive returns to an 8.85% cap rate and 7.18 GRM on a market basis.

Multi-Family Active

Price

^$ 3,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.25

Year Built

1928

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026875237

Features

General

Living Area 12580

Heating Baseboard

Zoning LARD1.5

Year Built 1928

Levels Two

County Los Angeles

New Construction false

Property Type Residential Income

HOA false

Status Active

City Los Angeles

Senior Community Y/N false

MLS Area C21 - Silver Lake - Echo Park

Lot Size Units Square Feet

Lot Size Square Feet 10853

Standard Status Active

Interior

Interior Amenities Ceiling Fan(s)

Total Stories 0

Heating Y/N true

Total Baths 0

Exterior

Lot Size Area 10853

Building Area Total 12580

Lot Size Acres 0.25

* Excluded Features

List By

Douglas Steinriede

Listing Agent

Dover Management Corp.

Broker

listings@doverla.com

Affordability Calculator

$20,205

Per Month

Monthly Principal & Interest: $20,205
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,842,741

Percent of Sale Price 42%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

0 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/21/2026	$3,200,000		Listed Price

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4408 Lockwood Avenue, Los Angeles, CA, 90029 is a Multi-Family Home for sale at $3,200,000 with 12,580 sqft and a lot size of 0.25. 4408 Lockwood Avenue is a studio with 0.0 baths and was built in 1928. The property's zip code is 90029 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 8/21/2026. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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4408 Lockwood Avenue

Multi-Family Home for sale in Los Angeles, CA

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