4332 Lockwood Avenue, Los Angeles, CA 90029

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
4332 Lockwood Avenue,Los Angeles, CA 90029
$1,600,000
  • 10 Beds
  • 10 Baths
  • 5,360 sq. ft.
  • Multi-family
  • Active
Listed by: nick astrupgaard, rich johns
Office: kw commercial studio city818-432-1500
MLS#:26672247
Source:CRMLS

Price summary

  • Price:$1,600,000
  • Price per sq. ft.:$298.51

About this home

4332 Lockwood Avenue, Los Angeles, CA 90029 is a 10-unit courtyard-style apartment community located in the highly sought-after Virgil Village neighborhood, recently recognized as "LA's Coolest Street Right Now." This offering provides investors with the opportunity to acquire a character-rich asset in one of Los Angeles' most dynamic and trend-forward submarkets, known for strong rental demand, walkability, and proximity to Silver Lake, East Hollywood, and Koreatown. Built in 1924, the property features ten (10) spacious One-Bedroom | One-Bathroom units arranged around a classic central courtyard, creating an inviting and community-oriented living environment. Many units retain original hardwood floors and vintage architectural details, offering a blend of historic charm and modern rental appeal that continues to resonate with today's tenants. The asset presents a clear value-add opportunity, with the potential to achieve an approximate 11.1% cap rate and a 7.2 GRM at market rents....

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Home facts

  • Year built:1924
  • Listing ID #:26672247
  • Added:45 day(s) ago
  • Updated:May 17, 2026 at 10:48 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:10
  • Living area:5,360 sq. ft.

Structure and exterior

  • Year built:1924
  • Building area:5,360 sq. ft.
  • Lot area:0.21 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$1,600,000
  • Price per sq. ft.:$298.51

Parking

  • Parking description:On Street
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