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.
Off market
$1,841,300
4332 Lockwood Ave, Los Angeles, CA 90029
10beds
10baths
5,360sqft
MultiFamily
Built in 1924
-- sqft lot
$1,841,300 Zestimate®
$344/sqft
$3,008 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
Cooling
- Other
Interior area
- Total interior livable area: 5,360 sqft
Property
Lot
- Size: 9,265 sqft
Details
- Additional structures: Other
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1924
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- Heating: Wall
- ListingStatus: Active
- PropertyType: Residential Income
- SourceLotSizeArea: Assessor
- Equipment: Other
- Cooling: Other
- ListingArea: Silver Lake - Echo Park
- SourceLivingArea: Assessor
- UnitTypeType: 2106
- OtherStructures: Other
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Estimated market value
$1,841,300