7006 Lanewood Avenue, Los Angeles, CA, 90028

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$4,675,000
1 Day On Site

7006 Lanewood Avenue
Los Angeles, CA 90028

For Sale|Residential Income|Active
15
Beds
18
Total Baths
12,306
SqFt
$380
/SqFt
1958
Built
County:
Los Angeles
Listed by Saadia 'Sam' Liberow of Marcus & Millichap sam.liberow@marcusmillichap.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
7006 Lanewood Avenue7006 Lanewood Avenue7006 Lanewood Avenue7006 Lanewood Avenue
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Positioned in a prime central Hollywood location at 7006 Lanewood Ave between Hollywood and Sunset Boulevards, this 18-unit multifamily property (comprising 17 legal units plus 1 non-conforming unit) sits approximately a quarter-mile from Hollywood & Highland, the Metro B Line station, Ovation Hollywood, and the Walk of Fame, with Netflix's Sunset Bronson campus just 1.5 miles away. The asset features a desirable unit mix of four studios and fourteen one-bedrooms, including one vacant, rent-ready studio. Property upkeep is well-managed, highlighted by a completed mandatory soft-story seismic retrofit with a City of Los Angeles Certificate of Compliance issued in 2020, alongside extensive permitted upgrades since 2018 including new electrical subpanels, replaced plumbing fixtures, and new direct-vent wall heaters. Residents enjoy modern conveniences such as in-unit laundry, wall air-conditioning units, and on-site garage parking, all anchored by deep neighborhood renter demand, where roughly 89% of occupied homes within one mile are renter-occupied.

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Listing Snapshot
Price 
$4,675,000
Days On Site 
1 Day
Bedrooms 
15
Inside Area (SqFt) 
12,306 sqft
Total Baths 
18
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2278 Acres
Year Built 
1958
MLS Number 
26105012
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS
yesterdayListing first seen on site
General Features
Acres 
0.2278
Garage 
Yes
Levels 
Two
Parking 
Garage
Parking Spaces 
14
Special Circumstances 
Standard
SqFt Total 
12306
Zoning 
LAR4
Interior Features
Cooling 
Wall/Window Unit(s)
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Community Features
MLS Area 
C20 - Hollywood


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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