Virgil Village Spanish Bungalow

4437 1/2 Lockwood Avenue || The Middle Bungalow

Reservoir Partners presents their latest project, an intimate 4-unit TIC community in coveted Virgil Village. This stunning detached 2-bedroom bungalow with private patio is re-envisioned with bright new windows, open layout with a wide arching doorway to the kitchen, coved ceilings, picture molding, recessed lighting, designer light fixtures and hardware. No details were spared with this timeless look, rooted in raw nature with wide plank, white oak hardwood floors, butcher block countertops and shelves and terra cotta tiles. Perfectly blending inside and out with wood-framed single panel glass doors out to your private patio with a shaded tree, landscaping, and space to garden or lounge, perfect for those nights under the stars. This unit features in-unit laundry, HVAC, parking for 1, and new appliances including dishwasher, stove and fridge. The property was updated with newer electrical, plumbing, foundation and brand new roofs. Blocks from Sqrl, Roam, Paper 8, Melody and all that the Village has to offer. Centrally located between Silverlake and Hollywood. Low HOA's.

All units in the complex are being offered for sale at the same time:

• 4437 Lockwood || The Front Bungalow || SOLD
• 4437 1/2 Lockwood || The Middle Bungalow || List Price $499,000
• 4439 1/2 Lockwood || The Upper Rear Unit || List Price $499,000 
• 4439 Lockwood || The Lower Rear Unit || List Price $485,000

4437-4439 1/2 Lockwood Avenue HOA FAQ, a Tenants in Common (TIC) Community:

• There are 4 units total in this community 
• HOA dues cover water, insurance, finance management
• HOA owners are responsible for common area maintenance (each co-owner's portion is based on their square footage)
• Owner pays for their unit gas and electric (each unit is individually metered for gas and electric)
• Insurance covers the entire property, including walls-in (buyer does not need to get additional HO-6 policy)
• Pets are allowed
• No rental restrictions apply, other than standard city rent control (RSO)
• No permission needed to sell your unit
• With TIC you have similar usage and renovation rights as a condo owner 
• This was a new TIC community 
• Contact listing agent if you have further questions!