$3,400,000
- Beds
- 14
- sq ft
- 6,466
4212 Lockwood Ave, Los Angeles, CA 90029
4212 Lockwood Ave
Los Angeles, CA 90029
- 178 days on market
- Price drop $300,000↓
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.
Details
Property type
Property condition
Updated/Remodeled
Lot size
9,302 sq ft
Price per sq ft
$526
Year built
1924
HOA
No
Price History
04/22/2024
CLAW #24373025
Price change
$3,400,000
-8.11%
03/26/2024
CLAW #24373025
Listed
$3,700,000
Schools & Community
Neighborhood:
Hollywood
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 09/21/2024 at 3:35 AM
Listing updated: 08/30/2024 at 9:29 AM
Listed by: Jason Tuvia, Marcus & Millichap Phone #: (818) 212-2700
MLS: CLAW #24373025
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