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.
|
DAYS ON MARKET
|
219
|
LAST UPDATED
|
10/16/2024
|
|
YEAR BUILT
|
1924
|
COMMUNITY
|
Silver Lake - Echo Park
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
|
Prior to Apr 22, '24
|
$3,700,000
|
| Apr 22, '24 - Today |
$3,400,000 |
| APPLIANCES |
Dryer, Refrigerator, Washer |
| AREA |
Silver Lake - Echo Park |
| GARAGE |
None |
| HEAT |
Wall Furnace |
| LOT |
9302 sq ft |
| LOT DESCRIPTION |
Landscaped, Rectangular Lot |
| PARKING |
None |
| POOL DESCRIPTION |
None |
| STORIES |
1 |
| STYLE |
Bungalow |
| VIEW |
Yes |
| VIEW DESCRIPTION |
City Lights |
| ZONING |
LARD1.5 |
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Listed with Marcus & Millichap
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/31/24 4:23 AM PDT and /or other sources. 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
This IDX solution is (c) Diverse Solutions 2024.
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