Property search · The Consumer Protection Brokerage
Every listing shows your estimated rebate.
The green number on each home is what could come back to you: the buyer-broker fee (typically 2 to 3%) minus our flat $9,750. No other search shows you this, because no other brokerage gives it back.
At a glance
4408 Lockwood Avenue, Los Angeles, CA, 90029
$3,200,000·20 bd·CLAW #26875237
Every completed rebate is published: see all 249 closings.
Listing data from CLAW. Listing courtesy of Douglas Steinriede of Dover Management Corp. Rebate estimate calculated by Arrivva.
How the rebate is calculated
- Buyer-broker fee at 2%
- $64,000
- Buyer-broker fee at 3%
- $96,000
- Arrivva flat fee
- - $9,750
- Estimated rebate range
- $54,000 to $87,000
*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies. How the rebate works
4408 Lockwood AvenueLos Angeles, CA 90029
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.
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Listing first seen on site |
Based on information from the The MLS as of 2026-09-10 08:42 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies.
Questions about this listing
- How much could a buyer get back on 4408 Lockwood Avenue, Los Angeles, CA, 90029?
- Arrivva estimates a buyer rebate of $54,000 to $87,000 on this listing. The buyer-broker fee, typically 2 to 3% of the price, goes back to you minus Arrivva's flat $9,750 fee. Every completed rebate is published on the Arrivva results page. See every completed closing
- Who is the listing brokerage for 4408 Lockwood Avenue, Los Angeles, CA, 90029?
- Listing courtesy of Douglas Steinriede of Dover Management Corp, per CLAW listing #26875237. Arrivva is not the listing brokerage: Arrivva is a separate flat-fee brokerage that represents you as the buyer, with your interests first and no dual agency, ever. How Arrivva represents buyers
- How do I schedule a tour of 4408 Lockwood Avenue, Los Angeles, CA, 90029?
- Set up a quick chat with Arrivva by phone or video. The team confirms showing availability fast, tours the home with you, and walks you through offer strategy and the rebate math before you commit to anything. Set up a time to talk
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