7006 Lanewood Ave

Los Angeles, CA 90028
  • $4,675,000

    Price
  • 1

    Bed
  • 2

    Bath
  • 12,306

    SqFt
  • 0.23

    Acre

About the Listing CLW-X75151 - CLW-C119946

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.

Listing Highlights for 7006 Lanewood Ave

Status Active
Days on Site 8
Property Type Multi-Family
MLS ® 26105012
Year Built 1958
Total Square Footage 12,306
Lot/Acreage 0.23

Interior Details

  • Bedrooms: 1
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond: Wall/Window Unit(s)
  • Heating:
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 14
  • Zoning: LAR4
  • Roof:
  • Others: 2+ Total Units
  • Sewer:
  • Parking Features: Garage

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5548013011
  • Tax Year: N/A

Payment Calculator

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Listing Location

Questions About..

7006 Lanewood Ave Los Angeles, CA 90028

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Originating MLS: CRMLS

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