7063 Lanewood Avenue, Los Angeles, CA 90028
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
7063 Lanewood Avenue,Los Angeles, CA 90028
$4,495,000
- 12 Beds
- 18 Baths
- 16,926 sq. ft.
- Multi-family
- Active
Listed by: michael monempour, jason matatiaho
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26660933
Source:CRMLS
Price summary
- Price:$4,495,000
- Price per sq. ft.:$265.57
About this home
7063 Lanewood Avenue is a multifamily apartment building located in the heart of Central Hollywood, one of Los Angeles' most transit-rich, high-demand rental submarkets. Situated just steps from the Hollywood/Highland Metro station and within immediate proximity to Hollywood Boulevard, Sunset Boulevard, and the 101 Freeway, the property offers tenants an unmatched combination of walkability, urban convenience, and connectivity to major entertainment, employment, and lifestyle corridors. The surrounding area includes Runyon Canyon, the Hollywood Bowl, and a dense concentration of dining, nightlife, and retail, all of which contribute to sustained, year-round rental demand from a deep and diverse tenant pool. Central Hollywood is characterized by limited developable land, significant barriers to new construction, and a persistently undersupplied rental market conditions that support long-term rent growth and asset appreciation.The property is an 18-unit Mediterranean-style apartment building comprising approximately 16,926 square feet of improvements on an 8,750-square-foot lot. The unit mix consists of six studio units and twelve one-bedroom / one-bath units a tenant-friendly configuration well suited to the young professionals, creatives, and entertainment industry workers who drive rental demand in this submarket. The building is fully occupied, providing a stabilized income stream with upside potential as future turnover allows rents to be brought to market over time. With a Walk Score of 95, a premier Hollywood address, and a proven rental profile in a supply-constrained corridor, 7063 Lanewood Avenue represents a compelling opportunity to acquire a well-located, fully leased multifamily asset with long-term appreciation potential in one of Los Angeles' most iconic and consistently in-demand residential neighborhoods....
Contact an agent
Home facts
- Year built:1930
- Listing ID #:26660933
- Added:49 day(s) ago
- Updated:April 25, 2026 at 10:33 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:18
- Living area:16,926 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Electric
Structure and exterior
- Year built:1930
- Building area:16,926 sq. ft.
- Lot area:0.2 Acres
- Architectural Style:Spanish
Finances and disclosures
- Price:$4,495,000
- Price per sq. ft.:$265.57
New listings near 7063 Lanewood Avenue
- New
$1,100,000Active2 beds 1 baths1,144 sq. ft.4216 Panamint Street, Los Angeles, CA 90065
MLS# CRAR26085164Listed by: RCP PROPERTIES - New
$1,745,000Active4 beds 4 baths2,298 sq. ft.17812 Bromley Court, Encino (los Angeles), CA 91316
MLS# CRBB26089183Listed by: CALIFORNIA PRUDENTIAL REAL EST - New
$950,000Active4 beds 3 baths1,582 sq. ft.2623 Exposition, Los Angeles, CA 90018
MLS# CRDW26089661Listed by: EQUITY SMART REAL ESTATE SERV - New
$1,350,000Active5 beds 3 baths3,020 sq. ft.16031 Harvest, Granada Hills (los Angeles), CA 91344
MLS# CRIV26085413Listed by: ELEVATE REAL ESTATE AGENCY - New
$1,400,000Active6 beds 4 baths2,895 sq. ft.1522 5th Avenue, Los Angeles, CA 90019
MLS# CRNP26089148Listed by: IS LUXURY OF CALIFORNIA - New
$3,698,000Active5 beds 5 baths3,775 sq. ft.16935 Esquira Pl, Encino (los Angeles), CA 91436
MLS# CROC26085116Listed by: PINNACLE REAL ESTATE GROUP - New
$1,299,000Active9 beds -- baths3,296 sq. ft.1614 W 39th Place, Los Angeles, CA 90062
MLS# CROC26089547Listed by: ELECTRIC ESTATES - New
$479,700Active2 beds 2 baths838 sq. ft.124 E Avenue 44, Los Angeles, CA 90031
MLS# CRRS26089235Listed by: REAL ESTATE SPECIALISTS - New
$729,000Active2 beds 1 baths780 sq. ft.1620 252nd, Harbor City (los Angeles), CA 90710
MLS# CRSB26089076Listed by: HARCOURTS HUNTER MASON REALTY - New
$599,000Active3 beds 2 baths1,298 sq. ft.9949 Noble Avenue, San Fernando, CA 91345
MLS# CRSR26087516Listed by: EQUITY UNION