7063 Lanewood Ave, Los Angeles, CA 90028
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7063 Lanewood Ave, Los Angeles, CA 90028
7063 Lanewood Ave, Los Angeles, CA 90028
7063 Lanewood Ave, Los Angeles, CA 90028
7063 Lanewood Ave, Los Angeles, CA 90028
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$ 4,190,000
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7063 Lanewood Ave Los Angeles, CA 90028

12 Beds

18 Baths

16,926 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 16,926 sqft

Price per Sqft $247

MLS Listing ID 26106717

Bedrooms 12

Year Built 1930

Lot Size 8,749 Sqft

Acres 0.2009

Property Sub-Type Multi-Family

Property Description

Situated near the intersection of Hollywood Boulevard and La Brea Avenue, the building's unique mediterranean-style architecture coupled with its location on a rare tree-lined street help to attract higher-paying tenants. The building features spacious floorplans, with its 16,926 rentable square feet spread over 12 large one bedroom units and six large singles. The property's electrical system has been upgraded with new electrical panels, while the plumbing system features copper pipes. Because the building does not appear on the Los Angeles Department of Building and Safety's seismic retrofit list, a new investor can save on what would otherwise be an expensive maintenance project. Earning one of the highest Walk Scores possible, the property sits in a neighborhood considered a "Walker's Paradise" as it allows tenants convenient access to numerous shops and restaurants. With the TCL Chinese Theater, Ovation Hollywood, and Hollywood Walk of Fame just two blocks away, residents can take advantage of several famous sites and attractions within the immediate neighborhood. The border of West Hollywood is just three blocks south of the property, where locals can browse a multitude of boutiques and dining establishments along Santa Monica Boulevard.

Location

State CA

County Los Angeles

Area Hollywood

Zoning LAR4

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Assigned

Building

Story 3

Level or Stories Multi/Split

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Marcus & Millichap

NEARBY SCHOOLS & PROPERTIES

Fatima Malik

Fatima Malik

Broker Associate License ID: 01950831

+1(310) 968-2085

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7063 Lanewood Ave