Listing ID : 20628702
-
Beds
1 -
Year
1924
Description
4332 Lockwood Avenue is a 10-unit courtyard style apartment community located in a densely populated rental submarket known for excellent rent growth and low vacancy rates - The asset has NOT undergone a meaningful renovation - Similar renovated One Bedroom units in the immediate area achieve rental rates upwards of $3.50 per square foot vs. $1.17 per square foot being collected currently, thus providing approx. a 200% increase in rental potential as units become vacant.
Details
Type:
Multi-Family/Income Sale
County: Los Angeles
Tax ID: 5539008008
Net Operating Income: $31,785
Number of Units: 10
Property Type: Residential Income
Sub Type: Multi Family
Zoning: LARD1.5
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Interactive
4332 Lockwood Ave., Los Angeles, CA 90029
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