REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 4,190,000
Est. payment /mo
New
7063 Lanewood AVE Los Angeles, CA 90028
12 Beds
18 Baths
16,926 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 16,926 sqft
Price per Sqft $247
MLS Listing ID 26106717
Bedrooms 12
HOA Y/N No
Year Built 1930
Lot Size 8,746 Sqft
Property Description
Situated near the intersection of Hollywood Boulevard and La Brea Avenue, the building's unique mediterranean-style architecture coupled with its location on a rare tree-lined street help to attract higher-paying tenants. The building features spacious floorplans, with its 16,926 rentable square feet spread over 12 large one bedroom units and six large singles. The property's electrical system has been upgraded with new electrical panels, while the plumbing system features copper pipes. Because the building does not appear on the Los Angeles Department of Building and Safety's seismic retrofit list, a new investor can save on what would otherwise be an expensive maintenance project. Earning one of the highest Walk Scores possible, the property sits in a neighborhood considered a "Walker's Paradise" as it allows tenants convenient access to numerous shops and restaurants. With the TCL Chinese Theater, Ovation Hollywood, and Hollywood Walk of Fame just two blocks away, residents can take advantage of several famous sites and attractions within the immediate neighborhood. The border of West Hollywood is just three blocks south of the property, where locals can browse a multitude of boutiques and dining establishments along Santa Monica Boulevard.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR4
Interior
Fireplace No
Exterior
Parking Features Assigned
Building
Story 3
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5548012006
Special Listing Condition Standard
Listed by Roderick 'Rick' Raymundo Marcus & Millichap #01357019
NEARBY SCHOOLS & PROPERTIES