Views
Address
4412 Lockwood Avenue Los Angeles, CA
Price
$ 2,500,000
Property Attributes
  • MLS#21706584
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaSilver Lake - Echo Park
  • Zip90029
  • StyleMid-Century Modern
  • Price$ 2,500,000
  • Bedrooms11
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage3784
  • Lot Size9,299 SqFt
Listing Provided Courtesy Of:
Bruce Jay with Bruce Jay Associates - 323-667-1000
Data Source:
California Regional MLS (CRMLS)
Property Description

3.4 CAP RATE! SOFT STORY WORK COMPLETED BY CODE, THE BUILDING IS UP TO CITY STANDARDS!! WAS IN ESCROW AND BUYER REPORTED (VERY IMPORTANT) MOST TENANTS WILL CONSIDER CASH FOR KEYS!! 5 BED HOME + 6 UNITS IN BACK!! THERE IS A HUGE BASEMENT POSS 2 ADU's WHICH WOULD THEN BE 9 UNITS......AMAZING FUTURE OWNER USER (LARGE 5 BEDROOM HOME IN FRONT WITH A SUPER LARGE BASEMENT!! -PLUS 6 ONE BED UNITS IN A SEPARATE BUILDING IN BACK)...LARGE DEV SITE. GREAT RENTAL AREA WALKING DISTANCE TO COLLEGE, DISTINCT EATERIES, SHOPS AND SO MUCH MORE! BONUS ROOM ATTACHED TO ONE OF THE 2ND FLOOR UNITS - BASEMENT IS SECTIONED OFF INTO 5 AREAS/ROOMS WITH ONE OF THE AREAS INCLUDES A WASH BASIN & COMODE. Zone: RD 1.5 Transit Oriented Communities (TOC) Tier 4, YES TIER 4 !!! LAND COST PER SQ. FT. APPROX $269/SQ.FT. =BUILDING COST PER SQ. FT. APPROX $453/SQ.FT. THIS IS TRULY WORTH LOOKING INTO FOR YOUR INVESTMENT PORTFOLIO!

Price History
3/17/2021 Listed $2,500,000

General Features

Appliances Disposal
Architectural Style Mid-Century Modern
Carport Y/N Yes
Facing Direction North
Flooring Tile, Wood
Listing Agent Bruce Jay - BRE#00559166
Listing Agent State License 00559166
Lot Size Square Feet 9299
MLS Area C21 - Silver Lake - Echo Park
Property Type Residential Income
Senior Community Y/N No
Special Listing Conditions Standard
Status Active
Total Units 7
Zoning LARD1.5

Exterior Features

Lot Size Acres 0.2135
Lot Size Area 9299
Lot Size Units Square Feet
Number of Buildings 2
Parking Features Attached Carport
Total Parking 7
View Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90029

Price
AVG $2.99M
$2.5M
Visits
AVG 53
174
Year Built
AVG 1940
1960
Walkscore
AVG 89
84
Data Provided by Walkscore ® not using MLS data

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