7063 Lanewood AVE, Los Angeles, CA 90028
7063 Lanewood AVE, Los Angeles, CA 90028
7063 Lanewood AVE, Los Angeles, CA 90028
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Danielle DeCoursey

Danielle DeCoursey

+1(585) 732-5963
$4,190,000
Est. payment /mo
12 Beds
18 Baths
16,926 SqFt
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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

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Listed by Roderick 'Rick' Raymundo Marcus & Millichap #01357019

NEARBY SCHOOL & BUSINESS

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