Date
Details
Price
Change
Source
5/07/2026
Listed
$2,895,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/23
$2,895,000
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1/23
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.
Full Property Details
Full Property Details for 7050 Waring Ave
General
- Price: $2,895,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26831155
- Updated: 5/7/2026
- Added to Site: 7 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 16
Bedrooms
- Total Bedrooms: 20
Additional Information
- Other Features: None
Parking
- Garage Description: Carport
Location
- Area: Hollywood
- County: Los Angeles
- Driving Directions: North on Sycamore from Melrose
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 9,728
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1966
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 8
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Total Bathrooms: 2
- Bedrooms: 3
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1873
- Lot Size: 8159
- Lot Size Source: Vendor Enhanced
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $297.59
- Assessment Year: 1966
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5525-008-025
Listed by Lyon Stahl Investment Real Estate, Inc., Michael Kamara
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 7050 Waring Ave —
Michael Kamara
Lyon Stahl Investment Real Estate, Inc.
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 7050 Waring Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Vine Street Elementary School 955 Vine Street, Los Angeles, CA 90038 | 4-6 | 1 mi |
Hubert Howe Bancroft Middle School 929 North Las Palmas Avenue, Los Angeles, CA 90038 | 6-8 | 0.5 mi |
Fairfax Senior High School 7850 Melrose Avenue, Los Angeles, CA 90046 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7050 Waring Ave
Tax History
Tax History for 7050 Waring Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$44,853
—
$3,684,513
2%
2024
$44,853
240%
$3,612,268
272%
2023
$13,179
4%
$972,029
2%
2022
$12,618
2%
$952,970
2%
2021
$12,414
-1%
$934,286
1%
2020
$12,522
4%
$924,707
2%
2019
$12,070
1%
$906,576
2%
2018
$11,903
2%
$888,800
2%
2017
$11,623
3%
$871,374
2%
2016
$11,263
1%
$854,289
2%
2015
$11,112
-1%
$841,458
2%
2014
$11,197
—
$824,976
—
2013
$11,181
—
$821,248
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7050 Waring Ave
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- Single Family
- Active
- Updated 1 hour ago
- 4Beds
- 3Total Baths
- 2,016Sq. Ft.
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- Industrial
- Active
- Updated 5 days ago
- 1,749Sq. Ft.
- 0.1608Acres
- Single Family
- Active
- Updated 11 hours ago
- 2Beds
- 1Total Bath
- 676Sq. Ft.
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7050 Waring Ave, Los Angeles, CA 90038 (MLS# 26831155) is a Multi-Family property with units containing 20 bedrooms and 0 full bathrooms. 7050 Waring Ave is currently listed for $2,895,000 and was received on May 07, 2026. Want to learn more about 7050 Waring Ave? Do you have questions about finding other Multi-Family real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.