Request More Info
Schedule a Showing
Share
Print
|
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. Investors may further enhance income through thoughtful unit upgrades and operational efficiencies over time. Additionally, the property benefits from a low-expense structure, featuring separate gas and electrical metering as well as individual water heaters for each unit, reducing ongoing utility obligations. Positioned in one of Los Angeles' most vibrant and evolving neighborhoods, 4332 Lockwood Avenue offers both immediate rental upside and long-term appreciation potential. The combination of irreplaceable character, efficient operations, and a prime Virgil Village location makes this an exceptional opportunity for investors seeking to capitalize on continued neighborhood growth and demand.
Property Type(s):
Residential Income
| Last Updated | 4/1/2026 | Year Built | 1924 |
|---|---|---|---|
| Community | C21 - Silver Lake - Echo Park | County | Los Angeles |
Additional Details
| AREA | C21 - Silver Lake - Echo Park |
|---|---|
| LOT | 9300 sq ft |
| LOT DIMENSIONS | 9302 |
| PARKING | On Street |
| STORIES | 1 |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". | |
Listed with KW Commercial Studio City
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
Twitter
Facebook
Email