7050 Waring Ave, Los Angeles, CA 90038

$2,740,000
20
BD
16
BA
9,728
SqFt

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Sold Price
$2,740,000
List Price
$2,895,000
Closing Date
Aug 27, 2026
MLS#
26831155
Year Built
1966
Bedrooms
20
Bathrooms
16
Living Sq. Ft
9,728
Lot Size
8,159
Days on Market
62
Property Type
Multifamily
Stories
2

Property Description

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.

Additional Information

Other Buildings
None
Heat
None
Cooling
None
Number of Cars in Garage
Carport

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Calculator source: Real Geeks

Courtesy of Lyon Stahl Investment Real Estate, Inc., Michael Kamara - CA DRE#02062158 Selling Office: .

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