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4161 Lockland Pl, Los Angeles, CA 90008
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4161 Lockland Pl Los Angeles, CA 90008

$1,950,000 Sold Price as of 05/12/2022
  • 12 Beds
  • 9 Baths
  • 8,920 Sq.Ft.
Sold
$1,950,000 Sold Price as of 05/12/2022 Refinance Your Mortgage
Map preview of 4161 Lockland Pl, Los Angeles, CA 90008

Property Overview: 4161 Lockland Pl Los Angeles, CA has 12 bedrooms, 9 bathrooms, 8,920 living square feet and 11,605 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Rare opportunity to purchase an 8,920 sf. 9-unit multi- family building in the Baldwin Hills/Park Hill Heights Neighborhood. The property is nestled in this quiet cul-de-sac and consists of a total of (12) Bedrooms & (10) Bathrooms: (6) 1 Bed/1 Bath Units in roughly 850 sq. ft. each. (2) 2 Bed/1 Bath units in roughly 1110 sq. ft. each. (1) Great Two story Owner's Unit with views, consisting of Living, Dining, Breakfast/Kitchen, Office, with (2) Bed/ 1 1/2 Baths in roughly 1620 sq. ft. The Owner's Unit is currently vacant allowing a new owner to establish market rent for the unit. This building has loads of charm and character. DO NOT DISTURB TENANTS. Looking for Back up Offers.

Listed by Geraldine Spira | BRE #00917158 | Rodeo Realty - Beverly Hills
Co-listed by Judson Rothschild | BRE #01411187 | Rodeo Realty - Beverly Hills
Last checked: 15 minutes ago | Last updated: May 13th, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
11,605
HOA Dues
$0/mo
Year built
1953
Garage
7 Car
Property Type:
Multi Family
Status
Sold
MLS#
22132463
City
Los Angeles
County
Los Angeles
Time on Site
810 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $678
  • Total Rent: $4,073
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $760
  • Total Rent: $1,520
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 21
  • Gross Scheduled Income: --
  • Net Operating Income: $85,127
  • Gross Operating Income: $109,127
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 4161 Lockland Pl

Interior Features
Heating Information
  • Has Heating
  • Central, Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Interior Features
  • Ceiling Fan(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 7
  • # of Parking Spaces: 9
  • Has Parking
  • Parking Features: Garage - Two Door, Garage - Single Door, Garage - Three Door, Parking Space, Uncovered
Lot Information
  • Lot Size Source: Other
Property Information
  • Total # of Units: 9
  • Parcel Number: 5032020005
Location / Neighborhood
Location Information
  • Directions: Lockland Drive to Lockland Place to end of cul-de-sac.
View more facts & features

Local Los Angeles Agent

Sale History for 4161 Lockland Pl

Last sold for $1,950,000 on May 12th, 2022

  • May, 2022

  • May 12, 2022

    Date

    Sold

    CRMLS: 22132463

    $1,950,000

    Price

  • Mar 1, 2022

    Date

    Active

    CRMLS: 22132463

    $2,300,000

    Price

  • March, 2019

  • Mar 6, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2017

  • Dec 22, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 4161 Lockland Pl

Assessed Value (2020): $1,927,800
Year Land Value Improved Value Assessed Value
2020 $1,173,000 $754,800 $1,927,800

Home Value Compared to the Market

This property vs the competition

4161 Lockland Pl sold on May 12, 2022 for 93.28% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $257.85 per/sqft which puts the price per square foot 65.85% lower than the current median sale per square foot for the city of Los Angeles.

About 4161 Lockland Pl

Detailed summary of property

4161 Lockland Pl is a multi family that recently sold in Los Angeles, CA 90008. This multi family property offered 12 bedrooms, 9 bathrooms, roughly 8,920 living square feet, and sits on an approximately 11,605 square foot lot. 4161 Lockland Pl was first listed on ArdentRealEstateGroup.com on March 2, 2022. The homeowner sold the property for $1,950,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 93.28% higher than the current median priced home. Local homes that are currently for sale include 2404 5th Ave, 1852 S La Brea Ave and 4526 St Elmo Dr. While the average home in Los Angeles, CA is selling in 92 days, 4161 Lockland Pl has a days on market of 8 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 4161 Lockland Pl Los Angeles, CA 90008 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4161 Lockland Pl

Public county record property details
Beds
12
Baths
10
Year built
1953
Sq. Ft.
8,920
Lot Size
11,604
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
5032-020-005

The source for these homes facts are from public records.

90008 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,489,000
Median List Price/Sq.Ft.
$730
Median Sold Price
$1,275,000
Median Sold Price/Sq.Ft.
$662
Total Inventory
51
Median Sale to List Price %
91.79%
Avg Days on Market
62
Loan Type
Conventional (30.77%), FHA (0%), VA (0%), Cash (30.77%), Other (15.38%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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