18-Unit Apartment
New
For Sale
$4,675,000
7006 Lanewood Ave, Los Angeles, CA 90028
The 1958 property combines a varied apartment mix with resident laundry, wall-mounted cooling, and garage parking.
Property Size12,306 SF
Days on Market4
Property Features for 7006 Lanewood Ave
General Information
Standard status
Active
Size
12,306 SF
Property subtype
MULTI_FAMILY
Site & Location
Neighborhood
Hollywood
Public Transit
Yes
Units
Unit Mix
4 x studio, 14 x 1BR
Multifamily Units
18
Additional Details
Tenant in Place
Yes
Amenities
in-unit laundry
wall air-conditioning units
on-site garage parking
Building Details
Building Size
12,306 SF
Year Built
1958
Listing Agency:
Marcus & Millichap
Listed By:
Saadia 'Sam' Liberow · License #01933858
Source:
Rochellemaize
Added: Oct 28
Changed: Oct 30
Last Checked: Oct 30 at 1:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap
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Investment Insights
Based on property information with market context.
Built in 1958, this 12,306-square-foot apartment property contains 18 units: four studios and fourteen one-bedroom apartments. One studio is vacant and ready for occupancy. The unit count includes 17 legal units and one non-conforming unit. Residents have in-unit laundry, wall air-conditioning units, and on-site garage parking.
A mandatory soft-story seismic retrofit was completed, with a City of Los Angeles Certificate of Compliance issued in 2020. Permitted work completed since 2018 includes electrical subpanels, plumbing fixtures, and direct-vent wall heaters.
The property is approximately a quarter-mile from Hollywood & Highland, the Metro B Line station, Ovation Hollywood, and the Walk of Fame. Netflix’s Sunset Bronson campus is about 1.5 miles away.
A mandatory soft-story seismic retrofit was completed, with a City of Los Angeles Certificate of Compliance issued in 2020. Permitted work completed since 2018 includes electrical subpanels, plumbing fixtures, and direct-vent wall heaters.
The property is approximately a quarter-mile from Hollywood & Highland, the Metro B Line station, Ovation Hollywood, and the Walk of Fame. Netflix’s Sunset Bronson campus is about 1.5 miles away.
Key Highlights
- 18 units: 17 legal units and one non‑conforming unit
- Unit mix of four studios and fourteen one‑bedrooms; one studio is vacant and rent‑ready
- 12,306 square feet; built in 1958
Property Analytics
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Lease Details
18
Residential units
Location Intelligence
Trade Area within ½ mile
6,076
Businesses Nearby
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Business Placement
Demographics for 90028, CA
32,330
Population
22,344
Households
1.4
Avg Household Size
36
Median Age
49%
College-Educated
90%
High-School Grad
1.5 sq mi
ZIP Area
21,553
Density / Sq Mi
$59,393
Median Household Income
$45,325
Median Earnings
$1,839
Median Rent
$970,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - The 1958 property combines a varied apartment mix with resident laundry, wall-mounted cooling, and garage parking.
Where is this apartment building located?
The property is located at 7006 Lanewood Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,675,000.
What are key features of this property?
This property features: 18 units: 17 legal units and one non‑conforming unit; Unit mix of four studios and fourteen one‑bedrooms; one studio is vacant and rent‑ready; 12,306 square feet; built in 1958
