7006 Lanewood Ave, Los Angeles, CA 90028
7006 Lanewood Ave, Los Angeles, CA 90028
7006 Lanewood Ave, Los Angeles, CA 90028
21
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$4,675,000
Est. payment /mo
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15 Beds
18 Baths
12,306 SqFt
New

7006 Lanewood Ave Los Angeles, CA 90028

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,306 sqft

Price per Sqft $379

MLS Listing ID 26105012

Bedrooms 15

Year Built 1958

Lot Size 9,924 Sqft

Acres 0.2278

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Hollywood

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating None

Cooling Wall/Window

Equipment None

Exterior

Parking Features Garage

Garage Spaces 14.0

Building

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Marcus & Millichap

NEARBY SCHOOL & BUSINESS

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Roddy de la Garza

Roddy de la Garza

Broker Associate / Area Leader License ID: CA 01995374 / TX 431113

+1(323) 696-5375

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7006 Lanewood Ave