Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    4212 Lockwood Avenue, Los Angeles, CA 90029
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    4212 Lockwood Avenue
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    • MLS#: 24373025 ( )
    • Street Address: 4212 Lockwood Avenue
    • Viewed: 4
    • Price: $3,400,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1924
    • Bldg sqft: 0
    • Days On Market: 281
    • Additional Information
    • County: LOS ANGELES
    • City: Los Angeles
    • Zipcode: 90029
    • Provided by: Marcus & Millichap
    • Contact: Jason Jason
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      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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    Features
    Appliances
    1. Refrigerator
    Architectural Style
    1. Bungalow
    Building Area Total
    1. 6466.00
    Country
    1. US
    Flooring
    1. Wood
    Heating
    1. Wall Furnace
    Laundry Features
    1. Washer Included
    2. Dryer Included
    Levels
    1. One
    2. Three Or More
    Lot Features
    1. Landscaped
    2. Rectangular Lot
    Netoperatingincome
    1. 201187.00
    Parcel Number
    1. 5539007005
    Parking Features
    1. None
    Pool Features
    1. None
    Postalcodeplus4
    1. 2904
    Property Condition
    1. Updated/Remodeled
    2. Additions/Alterations
    Sourcesystemkey
    1. 24-373025:CLAW
    Spa Features
    1. None
    Totalexpenses
    1. 76417.00
    View
    1. City Lights
    Year Built
    1. 1924
    Zoning
    1. LARD1.5
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836