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7075 Lanewood Ave
Los Angeles, CA 90028
12 UNITS VACANT!! · Multifamily Property For Sale
·
36 Units
Investment Highlights
- Eleven (11) units vacant!
- Good unit mix of twenty eight (28) 1+1's and eight (8) studio units
- Newer roof; Laundry owned by building ; Swimming pool
- ~55% upside in rents - Proforma 7.4% Cap Rate
- ~37 onsite/gated parking spaces - Seismic Retrofit already completed
- Steps from Hollywood Blvd. and Sunset Blvd. - Walk Score: 95 out of 100
Property Facts
| No. Units | 36 | Building Size | 23,450 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1971 |
| Building Class | C | Parking Ratio | 0.58/1,000 SF |
| Lot Size | 0.48 AC | ||
| Zoning | R4-2 | ||
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.48 AC |
| Building Size | 23,450 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 0.58/1,000 SF |
| Zoning | R4-2 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | 1 |
| 1+1 | 28 | - | 1 |
Property Taxes
| Parcel Number | 5548-012-034 | Improvements Assessment | $5,836,644 |
| Land Assessment | $5,306,040 | Total Assessment | $11,142,684 |
Property Taxes
Parcel Number
5548-012-034
Land Assessment
$5,306,040
Improvements Assessment
$5,836,644
Total Assessment
$11,142,684
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