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4332-4336 3/4 Lockwood Ave
Los Angeles, CA 90029
11.1% Cap Rate at MARKET | 7.2 GRM at MARKET · Multifamily Property For Sale
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10 Units
Investment Highlights
- The Capietola Court - Adjacent to Virgil Avenue
- Charming Courtyard Apts | 1920's Classic Design | All One Bedroom Units
- Individual Water Heaters, Gas & Electrical - Low Relative Operating Expenses
- Opportunity to TRIPLE (3X) Current Rents | 11.1% Cap Rate at MARKET | 7.2 GRM at MARKET
- VIRGIL AVENUE - Just Named "Coolest Street in Los Angeles Right Now" by TimeOut Media
Property Facts
| No. Units | 10 | Lot Size | 0.21 AC |
| Property Type | Multifamily | Building Size | 5,360 SF |
| Property Subtype | Apartment | Average Occupancy | 90% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1924 |
| Zoning | LARD1.5 - Opportunity Zone | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 5,360 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built | 1924 |
| Zoning | LARD1.5 - Opportunity Zone |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Hardwood Floors
- Oven
- Range
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
Property Taxes
| Parcel Number | 5539-008-008 | Improvements Assessment | $752,972 |
| Land Assessment | $1,003,965 | Total Assessment | $1,756,937 |
Property Taxes
Parcel Number
5539-008-008
Land Assessment
$1,003,965
Improvements Assessment
$752,972
Total Assessment
$1,756,937
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