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Image 1 - 7056 Lanewood Ave, Los Angeles, California, 90028 - House for sale
Image 2 - 7056 Lanewood Ave, Los Angeles, California, 90028 - House for sale
Image 3 - 7056 Lanewood Ave, Los Angeles, California, 90028 - House for sale
Image 4 - 7056 Lanewood Ave, Los Angeles, California, 90028 - House for sale
Image 5 - 7056 Lanewood Ave, Los Angeles, California, 90028 - House for sale
Image 6 - 7056 Lanewood Ave, Los Angeles, California, 90028 - House for sale
Image 7 - 7056 Lanewood Ave, Los Angeles, California, 90028 - House for sale
Image 8 - 7056 Lanewood Ave, Los Angeles, California, 90028 - House for sale
Image 9 - 7056 Lanewood Ave, Los Angeles, California, 90028 - House for sale
Home For Sale In Los Angeles, California
7056 Lanewood Ave, Los Angeles, California, 90028

Home For Sale In Los Angeles, California

house for sale
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Listed: 05/21/24

7056 Lanewood Ave, Los Angeles, California, 90028

10 Bed:
22 Bath:
11,452 Sq Ft Living Area:
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Price
$ 4,6M

About This House

7056 Lanewood Avenue is a 22-unit apartment community in Hollywood (90028). The offering offers investors a unique and rare opportunity to acquire an irreplaceable asset with strong in-place metrics and meaningful rental upside in one of LA's most dynamic and stable markets. 7056 Lanewood Avenue was built in 1953 and consists of11, 452square feet of improvements. The unit composition features an attractive mix of Ten (10) spacious 1-Bedroom Units and Twelve (12) Studio Apartments. The property is sited on a +/- 14, 977square foot parcel, zoned LAR4. The property is well-parked, with 17 parking spaces, and is not on the list of LA City mandatory seismic retrofit. Tenants and future investors will appreciate this well-maintained asset, featuring an attractive courtyard …  Full description

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Hollywood Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.