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36-Unit Apartment Building
For Sale
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7075 Lanewood Ave, Los Angeles, CA 90028

Two-story property with owned laundry equipment, three parking areas, and proximity to Hollywood Boulevard.

Property Size23,450 SF
Lot Size0.48 Acres
Days on Market143

Property Features for 7075 Lanewood Ave

General Information

Standard status Active
Size 23,450 SF
Total Parking Spaces 37
Lot size 0.48 Acres
Property subtype Multifamily

Additional Details

Public Transit Yes
Multifamily Units 36

Amenities

laundry room
security cameras

Building Details

Year Built 1971
Buildings 1
Stories 2
Listing Agency: ATLAS GROUP - EXP REALTY
Listed By: Donald La · License #CA 01928418
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 9:09AM

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 ATLAS GROUP - EXP REALTY

Investment Insights

Based on property information with market context.

This 36-unit apartment property at 7075 Lanewood Ave comprises a 23,450-square-foot, two-story building completed in 1971 on a 20,999-square-foot lot. The site includes 37 parking spaces distributed among three separate parking areas, along with an on-site laundry room equipped with owned machines. Security cameras are installed, and seismic retrofit work was completed in November 2020.

The property is 0.2 miles from Hollywood Boulevard and 0.4 miles from the Metro Rail Hollywood/Highland Station. Its Los Angeles setting places restaurants, grocery stores, retail, parks, schools, entertainment venues, and multiple Hollywood attractions within walking distance. The building has been held by the same ownership since 1999 and is being offered for sale.

Key Highlights

  • 36‑unit apartment building on a 20,999‑square‑foot lot
  • 23,450 SF, two‑story building completed in 1971
  • 37 parking spaces across 3 separate parking areas

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Mobile Phone Store Supermarket Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

36
Residential units

Location Intelligence

Trade Area within ½ mile

5,286
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story property with owned laundry equipment, three parking areas, and proximity to Hollywood Boulevard.
Where is this apartment building located?
The property is located at 7075 Lanewood Ave Los Angeles, CA.
What are key features of this property?
This property features: 36‑unit apartment building on a 20,999‑square‑foot lot; 23,450 SF, two‑story building completed in 1971; 37 parking spaces across 3 separate parking areas
(626) 824-8853 Call to check price and availability
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