Stacey Alysson Melman

7050 Waring AV Los Angeles CA 90038 MLS #26831155

7050 Waring AV
Los Angeles, CA, 90038
$2,895,000
20 Beds
16 Baths
9,728 SqFt
0.19 Acres
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MLS #26831155 image #0
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.
AGENT: Michael Kamara
LISTING BROKERAGE: Lyon Stahl Investment Real Estate, Inc.
7050 Waring AV
Los Angeles, CA

Property Details

Price:
$2,895,000
MLS #:
26831155
Status:
Active
Beds:
20
Baths:
16
Type:
Single Family
Neighborhood:
c20hollywood
Listed Date:
May 7, 2026
Finished Sq Ft:
9,728
Total Sq Ft:
9,728
Lot Size:
8,159 sqft / 0.19 acres (approx)
Year Built:
1966
C20 – HollywoodC20hollywood
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Schools

Interior

Cooling
NO
Heating
NO
Levels
S

Exterior

Parking Spots
15
Parking Total
15

Financial

Gross Operating Income
$277,060
Net Operating Income
$175,798

Map

Community

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