This Multifamily Property is no longer advertised on LoopNet.com.

7056 Lanewood Ave
Los Angeles, CA 90028
Lanewood Manor · Multifamily Property For Sale · 22 Units

Investment Highlights

  • Beautiful 22-unit Courtyard Property in an Amazing Hollywood Location.
  • Well-Maintained Property, Attractive Courtyard Setting and Lush Landscaping and Well Parked
  • 7056 Lanewood Avenue is Offered with Strong In-Place Metrics and Opportunity for Great Upside.
  • Attractive Unit Mix with Ten (10) spacious 1-Bedroom Units and Twelve (12) Studio Apartments.
  • Lanewood Avenue is a Quiet Tree-Lined Street with Proximity to Hollywood Employers and Attractions.
  • Great Assumable Financing - $2.8M Tied to the WSJ Prime Rate with Reset July 2026

Property Facts

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 $1,600 550 - 625
1+1 10 $1,904 650 - 850

Property Taxes

Property Taxes

Parcel Number
5548-013-018
Land Assessment
$3,183,624
Improvements Assessment
$1,167,328
Total Assessment
$4,350,952
  • Listing ID: 31797826

  • Date on Market: 5/14/2024

  • Last Updated:

  • Address: 7056 Lanewood Ave, Los Angeles, CA 90028

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