$4,650,000

7063 Lanewood Avenue, Los Angeles, CA 90028

16,926 sqft

other
Built in 1930
8,712sqft lot
—— car garage
$275/sqft
Listed 27 days ago

Property Description

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 dr

Listing Status:: Active
Date Added:: March 6, 2026
Data Last Updated:: April 2, 2026 at 12:06PM
Listing Office:: Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:: Michael Monempour : 310-883-7070
MLS ID:: CL26660933

Laundry: No Hookups
A/C: Wall/Window Unit(s)
Heating: Electric

Parking: None

Originating MLS: CRMLS
County: Los Angeles

Zoning: LAR45548012006

Source: CRMLS

This listing courtesy of Michael Monempour , Lyon Stahl Investment Real Estate, Inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Gardner Street Elementary

7450 Hawthorn Ave, Los Angeles, CA, 90046

Grades PK-5

0.48 miles away

Bancroft Middle School

929 N Las Palmas Ave, Los Angeles, CA, 90038

Grades 6-8

0.89 miles away

Hollywood High School

1521 N Highland Ave, Los Angeles, CA, 90028

Grades 9-12

0.20 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.