$2,895,000

Estimated payment $18,349/month

Total Views 5
20 Beds
16 Baths
9,728 Sq Ft
$298 Price per Sq Ft

About This Home

7050 Waring Ave, a charming 8-unit apartment building located in the highly desirable La Brea neighborhood of Los Angeles, California. Built in1966, the property consists of (4) two-bedroom + two-bathroom units and (4) three-bedroom + two-bathroom units. The building is 9,728 gross square feet and sits on a 8,157 square foot lot.Nestled in the heart of the La Brea area, 7050 Waring Ave offers residents a vibrant Los Angeles lifestyle surrounded by renowned dining, shopping, and cultural destinations. Just minutes from MelroseAvenue and The Grove, this property places tenants in one of LA's most dynamic and centrally located neighborhoods.With a Walk Score of 96, residents enjoy easy access to trendy cafes, popular restaurants, boutique shopping, and nightlife hot spots, as well as nearby destinations like Griffith Park and Sunset Boulevard.7050 Waring Ave also presents a compelling value-add investment opportunity, offering both an exceptional location and notable rental upside. The property currently delivers an initial CAP rate of 6.07%, with the potential to reach a 7.70% CAP rate upon unit turnover.

Listing Agent

Michael Kamara

Lyon Stahl Investment Real Estate, Inc. License #02062158 Listed on: 05/07/2026

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 8,159 Sq Ft Lot

Interior Spaces

  • 9,728 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 16 Bathrooms

Parking

  • 15 Parking Spaces
  • Carport

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5525-008-025

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

8,159 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 9728
  • Lot Acreage: 0.1873
  • Stories: 2
  • Year Built: 1966
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 20
  • Total Bathrooms: 16.00
  • Price Per S Q F T: 297.59

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 15

Lot Info

  • Assessed Improvement Percent: 42.40
  • Assessed Improvement Value: 1562097
  • Assessed Land Percent: 57.6
  • Assessed Land Value: 2122416
  • Total Assessed Value: 3684513
  • Assessor Parcel Number: 5525-008-025
  • Lot Size Area: 8159

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 10.45
  • Number Of Units: 8
  • Type Of Units: Aparments

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2026 05/07/26 For Sale $2,895,000 -- $298 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 26831155

The MLS
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