Seller's Agent in 2022
DONALD LA
KW Executive
(626) 824-8853
1 in this area
57 Total Sales
7075 Lanewood Ave Los Angeles, CA 90028
Hollywood Neighborhood
1
Bed
2
Baths
23,450
Sq Ft
0.48
Acres
Highlights
- Automatic Gate
- No HOA
- Cooling System Mounted To A Wall/Window
- 0.48 Acre Lot
- Community Pool
- Resident Manager or Management On Site
About This Home
As of May 2022Welcome to 7075 Lanewood Ave, Los Angeles, CA – CASA LANEWOOD. This south facing 36-unit apartment building is situated in an UNBELIEVABLE LOCATION – Less than 2 blocks (0.2 miles) away from Hollywood Blvd. First time on market since 1999!! The property is a 2-story apartment that was built in 1971 with 23,450 SF building size situated on 20,999 SF lot. 3 separate parking areas for a total of 37 parking spaces. The property also has its own laundry room (laundry units are owned not leased). The property also has cameras installed and seismic retrofit has been completed (November 2020). 7075 Lanewood has a Walk Score of 95 out of 100 because of its extremely convenient location. There are many nearby amenities such as restaurants, groceries stores, shopping, parks, schools, entertainment etc. Many nearby world-renowned attractions are also within walking distance such as: TCL Chinese Theatre, Dolby Theatre, Hollywood Walk of Fame, El Capitan Theatre, Hollywood Wax Museum, Hollywood Museum, Guinness World Records Museum, World of Illusions and many more. 7075 Lanewood is also conveniently located within walking distance to public transportation (0.4 miles away from Metro Rail – Hollywood/Highland Station).
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1971
Lot Details
- 0.48 Acre Lot
- Two or More Common Walls
- Density is 36-40 Units/Acre
Parking
- 12 Car Garage
- 13 Open Parking Spaces
- 12 Carport Spaces
- Parking Available
- Automatic Gate
- Assigned Parking
Home Design
- Property Attached
Interior Spaces
- 23,450 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Additional Features
- Fence Around Pool
- Urban Location
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Tax Lot 31
- Tax Tract Number 190100
- Assessor Parcel Number 5548012034
Community Details
Overview
- No Home Owners Association
- 36 Units
Recreation
- Community Pool
Building Details
- Rent Control
- 36 Separate Electric Meters
- 36 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $8,207
- Trash Expense $1,505
- New Taxes Expense $156,017
- Operating Expense $175,413
- Gross Income $469,313
- Net Operating Income $293,900
Additional Features
- Laundry Facilities
- Resident Manager or Management On Site
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2022 05/16/22 | Sold | $10,500,000 | -19.2% | $448 / Sq Ft |
| 10/11/2021 10/11/21 | For Sale | $13,000,000 | +23.8% | $554 / Sq Ft |
| 07/26/2021 07/26/21 | Off Market | $10,500,000 | -- | -- |
| 07/06/2021 07/06/21 | For Sale | $13,000,000 | -- | $554 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
DONALD LA
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS21145762
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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