Skip To Content
    Return to Previous Page

    4332 Lockwood Ave

    Los Angeles, CA 90029
    • $2,350,000
    • STATUS: Active
    • ON SITE: 85 days
    • ID#: 20-628702
    UPDATED: 35 min ago
    $2,350,000
    • 10
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,360
      SQFT
    • $438
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    4332 Lockwood Avenue is a 10-unit courtyard style apartment community located in a densely populated rental submarket known for excellent rent growth and low vacancy rates - The asset has NOT undergone a meaningful renovation - Similar renovated One Bedroom units in the immediate area achieve rental rates upwards of $3.50 per square foot vs. $1.17 per square foot being collected currently, thus providing approx. a 200% increase in rental potential as units become vacant.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-11-30T18:42:59.237. 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.
    www.trulinerealty.com/homes/109743485
    Print Image

    4332 Lockwood Ave Los Angeles, CA 90029

    • Price: $2,350,000
    • Status: Active
    • Updated: 35 min ago
    • ID#: 20-628702
    10
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,360
    SQFT
    $438
    $/SQFT
    1924
    Built
    Neighborhood:
    Silver Lake - Echo Park
    County:
    Los Angeles
    Area:
    Silver Lake - Echo Park
    Property Description
    4332 Lockwood Avenue is a 10-unit courtyard style apartment community located in a densely populated rental submarket known for excellent rent growth and low vacancy rates - The asset has NOT undergone a meaningful renovation - Similar renovated One Bedroom units in the immediate area achieve rental rates upwards of $3.50 per square foot vs. $1.17 per square foot being collected currently, thus providing approx. a 200% increase in rental potential as units become vacant.
    Exterior Features

    Lot Size Area 9266 Other Structures Other Parking Garage None Total Parking 0

    Interior Features

    Baths Total 10.00 Cooling Other Equipment Other Heating Wall

    Property Features

    Gross Income 74514 Gross Operating Income 74514 Like Units1 10 Net Operating Income 31785.00 Number Of Buildings 3 Number Of Units 10 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 49998 Type Of Units Income Year Built Source Assessor Zoning Lard1.5

    Listing provided courtesy of Rich Johns DRE#01432215 of Kw Commercial Studio City.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-11-30T18:42:59.237. 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.
     
    Logo
    TruLine Realty
    8644 Wilshire Blvd. Suite 204
    Beverly Hills CA, 90211