4148 Lockland Pl Los Angeles, CA 90008
  • Sold
  • Multi Family · 6 Units

4148 Lockland Pl Los Angeles, CA 90008 Get directions

$1,000,000 $243/Sq. ft.
4,110 Sq. ft. 6,690 Sq. ft. Lot
  • Stylecolonial_revival
  • Age 66 Years
  • MLS# SR18178753
  • Listed 2 Years 8 Months 17 Days Ago

Overview

Well Maintained 6 Unit Multi-Family Apartment Property (all 1 bed / 1 bath). Family Owned Since Built in 1954...Trustee Sale, First Time on Market. 100% Occupancy. Huge Upside Potential. Near the Baldwin Hills Crenshaw Plaza's Big $700M Redevelopment Project Recently Approved by the Los Angeles City Council. Nearly 1000 Residential Units + Office Space + Hotel. Building is Under Los Angeles Rent Stabilization Ordinance. Drive by Only, do not disturb tenants. Subject to Inspection Upon Acceptance of Offer. Recent Upgrades Include: Roof Replacement in2002 / Copper Plumbing Re-Pipe in 2016 ($19, 000) / Exterior Repair & Painting in 2018 ($6000).

Features

Kitchen and Dining

  • Kitchen Features: Tile Counters

Appliances

  • Laundry Features: Other - See Remarks

Heating and Cooling

  • Heating Features: Wall Heater

Interior Features

  • Flooring: Floor Material: Carpet, Wood

Pool and Spa

  • Pool Features: Pool Descriptions: No Pool

Exterior and Lot Features

  • Other Structures: Other Structural Features: Full Copper Plumbing

Land Info

  • Lot Description: Sidewalks, Street Lighting
  • Lot Size Acres: 0.1535813
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 6690

Garage and Parking

  • Garage Description: Assigned
  • Open Parking Spaces: 6

Homeowners Association

  • Association: No

Multi-Unit Info

  • Number of Units: 6
  • Unit 1 Total Actual Rent: 900.00
  • Unit 2 Total Actual Rent: 796.00
  • Unit 3 Total Actual Rent: 624.00
  • Unit 4 Total Actual Rent: 765.00

Rental Info

  • Tenant Pays: Cable TV

Other Property Info

  • Source Listing Status: Closed
  • County: Los Angeles
  • Cap Rate: 3.96
  • Directions: Near Crenshaw Bl. & Martin Luther King Jr. Bl.
  • Other Expense: 1500.00
  • Source Property Type: Residential Income
  • Insurance Expense: 2012.00
  • Area: Park Hills Heights (PHHT)
  • Source Neighborhood: Park Hills Heights (PHHT)
  • Parcel Number: 5032020002
  • Postal Code Plus 4: 3553
  • Property Location: Cul-De-Sac
  • Trash Expense: 1704.00
  • Zoning: LARD1.5
  • Source System Name: C2C

Commercial Info

  • Net Operating Income: 49276.00

Building and Construction

  • Total Square Feet Living: 4110.0
  • Year Built: 1954
  • Building Exterior Type: Stucco
  • Building Features: 1
  • Common Walls: Attached
  • Property Age: 65
  • Roof: Composition
  • House Style: Traditional

Utilities

  • Electric Expense: 1650.00
  • Water Sewer Expense: 1650.00

Nearby Schools

Rating School Grades Distance
1 Hillcrest Drive Elementary School K-5 0.5 mi
1 Audubon Middle School 6-8 0.7 mi
1 Susan Miller Dorsey Senior High School 9-12 1 mi
NA Kids Preparatory Academy, Inc. Private School K-6 0.1 mi

School data provided by National Center for Education Statistics, Maponics, and GreatSchools. Intended for reference only. GreatSchools Ratings compare a school’s test performance to statewide results. To verify enrollment eligibility, contact the school or district directly.

Neighborhood

Property History for 4148 Lockland Pl

Property Tax

Property Price

Date Event Price Price / Sq ft Source
2020-04-09 Listing removed $2,200 $2 CLAW
2018-10-03 Sold - - CRISNET
2018-08-21 Relisted $950,000 $231 CRISNET
2018-07-30 Listing removed $950,000 $231 CRISNET
2018-07-24 Listed $950,000 $231 CRISNET

The price and tax history data is obtained from public records and/or MLS feeds from local jurisdiction. Contact your REALTOR® directly in order to obtain the most up-to-date information available.