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

4408 Lockwood Avenue

^$ 3,200,000

Back to search

Recently Listed

4408 Lockwood Avenue

Los Angeles, CA, 90029

^$ 3,200,000

Bedrooms4 Baths16.0 Sq 12,580

Monthly Estimate*

^$ 20,205

Listed by Dover Management Corp.

4408 Lockwood Avenue, Los Angeles, CA 90029 - Image 1

4408 Lockwood Avenue, Los Angeles, CA 90029 - Image 2

4408 Lockwood Avenue, Los Angeles, CA 90029 - Image 3

4408 Lockwood Avenue, Los Angeles, CA 90029 - Image 4

4408 Lockwood Avenue, Los Angeles, CA 90029 - Image 5

4408 Lockwood Avenue, Los Angeles, CA 90029 - Image 6

4408 Lockwood Avenue, Los Angeles, CA 90029 - Image 7

4408 Lockwood Avenue, Los Angeles, CA 90029 - Image 8

4408 Lockwood Avenue, Los Angeles, CA 90029 - Image 9

4408 Lockwood Avenue, Los Angeles, CA 90029 - Image 10

4408 Lockwood Avenue, Los Angeles, CA 90029 - Image 11

4408 Lockwood Avenue, Los Angeles, CA 90029 - Image 12

4408 Lockwood Avenue, Los Angeles, CA 90029 - Image 13

4408 Lockwood Avenue, Los Angeles, CA 90029 - Image 14

4408 Lockwood Avenue, Los Angeles, CA 90029 - Image 15

4408 Lockwood Avenue, Los Angeles, CA 90029 - Image 16

4408 Lockwood Avenue, Los Angeles, CA 90029 - Image 17

4408 Lockwood Avenue, Los Angeles, CA 90029 - Image 18

4408 Lockwood Avenue, Los Angeles, CA 90029 - Image 19

4408 Lockwood Avenue, Los Angeles, CA 90029 - Image 20

4408 Lockwood Avenue, Los Angeles, CA 90029 - Image 21

4408 Lockwood Avenue, Los Angeles, CA 90029 - Image 22

4408 Lockwood Avenue, Los Angeles, CA 90029 - Image 23

4408 Lockwood Avenue, Los Angeles, CA 90029 - Image 24

Multi-Family Home for sale in Los Angeles, CA

for $3,200,000 with 4 bedrooms and 16 full baths. This 12,580 square foot home was built in 1928 on a lot size of 0.2492.

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

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2492

Year Built

1928

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26875237

Days on Market

Features

General

Living Area 12580

Heating Baseboard

Zoning LARD1.5

Year Built 1928

Stories Count 2

Levels Two

Gross Income 348780

County Los Angeles

Net Operating Income 193241

New Construction false

Property Type Residential Income

HOA false

Attached Garage false

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions Off Lockwood

City Los Angeles

Senior Community Y/N false

Number Of Units Total 20

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

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 4

Total Baths 20

Exterior

Total Parking 6

Lot Size Area 10853

Number of Buildings 1

Building Area Total 12580

Lot Size Acres 0.2492

* Excluded Features

List By

Dover Management Corp.

Broker

listings@doverla.com

Affordability Calculator

$20,205

Per Month

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

Set your offer price

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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,850,108

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

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/20/2026	$3,200,000		Listed Price

Map

More homes like this one

homes for you

See all

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 0.2492. 4408 Lockwood Avenue has 4 bedrooms, 16.0 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 Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 8/22/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

4408 Lockwood Avenue

Multi-Family Home for sale in Los Angeles, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home