7044 Lanewood Ave | Los Angeles, CA 90028
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- LoopNet Team
7044 Lanewood Ave
Los Angeles, CA 90028
Hollywood Apartments · Multifamily Property For Sale · 33 Units
Investment Highlights
- 60% upside in rents. 96% upside in N.O.I.
- $247,273/Unit
- 9.4 x Gross & 7.6% Cap with rents at market
- 5-lots, 37,449± S,F, zoned LAR4, TOC Tier 3 suitable to develop up to 160* brand new multi-family property
PROPERTY FACTS
| No. Units | 33 | Lot Size | 0.52 AC |
| Property Type | Multifamily | Building Size | 17,650 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1956 |
| Building Class | B | Parking Ratio | 1.47/1,000 SF |
| No. Units | 33 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.52 AC |
| Building Size | 17,650 SF |
| No. Stories | 2 |
| Year Built | 1956 |
| Parking Ratio | 1.47/1,000 SF |
Unit Amenities
- Air Conditioning
- Oven
- Range
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 29 | $1,323 | 700 |
| 1+1 | 23 | $1,429 | 800 |
| 2+2 | 3 | $1,793 | 950 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,225,240 | |
| Land Assessment | $8,843,400 | Total Assessment | $12,068,640 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$8,843,400
Improvements Assessment
$3,225,240
Total Assessment
$12,068,640
zoning
| Zoning Code | LAR4 |
| LAR4 |
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