7050 Waring Ave, Los Angeles, CA 90038 - Photo 1

1/1

$2,740,000

Sold
Closed
Multi-Family
20 Total Beds

1/1

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

Sold For: $2,740,000
Status: Closed
Type: Multi-Family
Source: CLAW
MLS ID: 26831155
Added to Site: 157 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 and Sold by Lyon Stahl Investment Real Estate, Inc., Michael Kamara

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Listing agent

— 7050 Waring Ave —

Michael Kamara

Lyon Stahl Investment Real Estate, Inc.

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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

Date

Details

Price

Change

Source

8/27/2026

Sold

$2,740,000

-5.35%

MLS

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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7050 Waring Ave, Los Angeles, CA 90038 (MLS# 26831155) is a Multi-Family property that was sold at $2,740,000 on August 27, 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.

7050 Waring Ave Los Angeles, CA 90038