4456 Lockwood Ave, Los Angeles, CA 90029

We are pleased to offer for sale a 32 unit apartment building located at 4456 Lockwood Ave in Hollywood. The subject property was built in 1927 of reinforced brick and is comprised of (15) 1 bed 1 bath units and (17) single units. Additionally, the building is separately metered for electricity. The property is very well maintained and has seen several recent improvements that include: all new copper plumbing, new electrical, new sewer lines, new dual pane vinyl windows and mechanical improvements to the elevator; the foundation was bolted approx. 2 years ago while the roof and building interiors were redone approx. 10 years ago. The apartment complex is located directly across the street from Los Angeles City College. This area is being revitalized by investors who see the up and coming Virgil Village neighborhood as an ideal living space because of its close proximity to the college, the 101 freeway and the Vermont/Santa Monica Metro Rail Station.