NOT LISTED FOR SALE
15 Beds
32 Baths
25,156 Sq Ft
9,299 Sq Ft Lot

Last Sold May 27, 2015

Last sale price $3,550,000 $141 Per Sq Ft

28 Days on Market

About This Home

As of May 2015

We are pleased to offer for sale a 32 unit apartment building located at 4456 Lockwood Ave in Hollywood. The subject property was built in 1927 of reinforced brick and is comprised of (15) 1 bed 1 bath units and (17) single units. Additionally, the building is separately metered for electricity. The property is very well maintained and has seen several recent improvements that include: all new copper plumbing, new electrical, new sewer lines, new dual pane vinyl windows and mechanical improvements to the elevator; the foundation was bolted approx. 2 years ago while the roof and building interiors were redone approx. 10 years ago. The apartment complex is located directly across the street from Los Angeles City College. This area is being revitalized by investors who see the up and coming Virgil Village neighborhood as an ideal living space because of its close proximity to the college, the 101 freeway and the Vermont/Santa Monica Metro Rail Station.

Last Agent to Sell the Property

Guillermo Ma

Exp Commercial of California, Inc. License #01350503 Listed on: 05/13/2014

Exp Commercial of California, Inc.

Last Buyer's Agent

Guillermo Ma

eXp Realty of California Inc License #01350503

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 9,299 Sq Ft Lot

Interior Spaces

  • 25,156 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 32 Bathrooms

Community Details

  • 32 Units

Listing and Financial Details

  • Assessor Parcel Number 5539-009-010

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 25156
  • Stories: 4
  • Year Built: 1927
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 15
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 32.00
  • Den: 0
  • Price Per S Q F T: 157.02

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Lot Info

  • Assessed Improvement Value: 1509000
  • Assessed Land Value: 941000
  • Assessor Parcel Number: 5539-009-010
  • Geocode Override: No
  • Lot Size Area: 9299

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.23
  • Number Of Units: 32
  • Total Annual Expense: 134776
  • Type Of Units: mix
  • Vacancy Rate: 0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2015 05/27/15 Sold $3,550,000 -19.2% $141 / Sq Ft
06/10/2014 06/10/14 Pending -- -- --
05/13/2014 05/13/14 For Sale $4,395,000 -- $175 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-760351

The MLS