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7056 Lanewood Ave
Los Angeles, CA 90028
5.03 CAP Blocks from West Hollywood · Multifamily Property For Sale
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22 Units
Investment Highlights
- Premier West Hollywood adjacent location
- Significant upside in rents
- 12.25 GIM and 5.03 CAP!! Incredible 8.77% CAP and 8.34 GIM at market rents
- Large double lot zoned R4
Property Facts
| No. Units | 22 | Building Size | 14,790 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1953 |
| Building Class | C | Parking Ratio | 1.48/1,000 SF |
| Lot Size | 0.34 AC | ||
| Zoning | LAR4 | ||
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 14,790 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1953 |
| Parking Ratio | 1.48/1,000 SF |
| Zoning | LAR4 |
Amenities
Unit Amenities
- Heating
- Kitchen
Site Amenities
- Gated
- Recycling
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | $1,362 | 450 |
| 1+1 | 10 | $1,561 | 600 |
Property Taxes
| Parcel Number | 5548-013-018 | Improvements Assessment | $1,167,328 |
| Land Assessment | $3,183,624 | Total Assessment | $4,350,952 |
Property Taxes
Parcel Number
5548-013-018
Land Assessment
$3,183,624
Improvements Assessment
$1,167,328
Total Assessment
$4,350,952
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