Active

4212 Lockwood Ave

Los Angeles CA, 90029

$3,400,000


$525.83 per sqft

Active

14 Beds

6,466 sqft

Residential

Built in 1924

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.

24-373025

MLS ID

March 26, 2024

Listed

April 23, 2024

Updated

Map

4212 Lockwood Ave
Los Angeles CA, 90029

Interior Features

Total Stories

3


Bedrooms

14 Beds


Appliances

Built-Ins, Refrigerator, Range/Oven, Washer, Dryer


Laundry Description

In Unit


Floor Description

Wood


Fireplace

No


Cooling

Yes


Cooling Description

Air Conditioning


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.21 Acres


Lot Features

Landscaped, Lot Shape-Rectangular, Single Lot


Architectual Style

Bungalow

Other Property Details

Area Name

Silver Lake - Echo Park


Days on Market

27


Garage

No


Parking

None


Parking Total

0


View

Yes


View Description

City


County

Los Angeles


Pool

No


Pool Features

None


Zoning

LARD1.5

Listing History

Date

Event

Price

4/22/2024

Price Change

$3,400,000

-9%

Listed by Jason Tuvia with Marcus & Millichap
Listing Contact: 818-448-4415 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Cari Field Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 4/23/2024

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