Date
Details
Price
Change
Source
8/20/2026
Listed
$3,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$3,200,000 Just Listed
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Property Description
4408 Lockwood represents a compelling value-add opportunity for a new owner to capture significant embedded upside with a substantial head start already in place. Current ownership has already turned ten of the property's twenty units and invested in major capital improvements including a new roof, plumbing upgrades, upgraded electrical, and a bolted foundation reducing near-term capex risk for a new buyer. The property is currently operating at a 6.04%cap rate and 9.17 GRM on in-place rents, reflecting an approximately 22.2% loss to lease relative to market. By continuing to turn the remaining units and capturing existing loss to lease, a new owner can grow NOI by roughly 47% and drive returns to an 8.85% cap rate and 7.18 GRM on a market basis.
Full Property Details
Full Property Details for 4408 Lockwood Ave
General
- Price: $3,200,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26875237
- Updated: 8/20/2026
- Added to Site: 2 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 20
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: Other
Parking
- Garage Description: Garage Is Detached
Location
- Area: Silver Lake - Echo Park
- County: Los Angeles
- Driving Directions: Off Lockwood
Heating & Cooling
- Cooling Type: Attic Fan
- Heating Type: Baseboard
Structural Information
- # Buildings: 1
- Stories/Levels: 0
- Square Feet: 12,580
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1928
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 20
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: Other
Lot Features
- Lot Size (Acres): 0.2492
- Lot Size: 10853
- Lot Size Source: Vendor Enhanced
- Zoning: LARD1.5
Financial Considerations
- Price Per Sq. Ft.: $254.37
- Assessment Year: 1928
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5539-009-002
Listed by Dover Management Corp., Douglas Steinriede
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Listing agent
— 4408 Lockwood Ave —
Douglas Steinriede
Dover Management Corp.
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 4408 Lockwood Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Lexington Avenue Primary Center 4564 Lexington Avenue, Los Angeles, CA 90029 | PK-2 | 0.3 mi |
Thomas Starr King Middle School 4201 Fountain Avenue, Los Angeles, CA 90029 | 6-8 | 0.7 mi |
John Marshall Senior High School 3939 Tracy Street, Los Angeles, CA 90027 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4408 Lockwood Ave
Tax History
Tax History for 4408 Lockwood Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,691
5%
$298,069
2%
2023
$5,417
3%
$291,696
2%
2022
$5,236
3%
$286,079
2%
2021
$5,104
—
$280,573
1%
2020
$5,126
3%
$277,750
4%
2019
$4,993
4%
$267,207
2%
2018
$4,802
3%
$261,968
2%
2017
$4,684
6%
$256,832
2%
2016
$4,432
1%
$251,797
2%
2015
$4,388
-3%
$248,016
2%
2014
$4,541
—
$243,159
—
2013
$4,542
—
$242,061
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4408 Lockwood Ave
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- Single Family
- Active
- Updated 15 hours ago
- 3Beds
- 2Total Baths
- 1,633Sq. Ft.
- Commercial Lease
- Active
- Updated 8 hours ago
- 1,200Sq. Ft.
- 0.116Acres
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- Triplex
- Active
- Updated 2 days ago
- 6Beds
- 4Total Baths
- 1,320Sq. Ft.
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4408 Lockwood Ave, Los Angeles, CA 90029 (MLS# 26875237) is a Multi-Family property with units containing 4 bedrooms and 0 full bathrooms. 4408 Lockwood Ave is currently listed for $3,200,000 and was received on August 20, 2026. Want to learn more about 4408 Lockwood Ave? Do you have questions about finding other Multi-Family real estate for sale in Silver Lake? You can browse all Silver Lake real estate or contact a Coldwell Banker agent to request more information.