7050 Waring Avenue, Los Angeles, CA 90038
- $2,740,000
- 20
- BD
- 16
- BA
- 9,728
- SqFt
- Sold Price
- $2,740,000
- List Price
- $2,895,000
- Closing Date
- Aug 27, 2026
- Status
- CLOSED
- MLS#
- 26831155
- Year Built
- 1966
- Bedrooms
- 20
- Bathrooms
- 16
- Living Sq. Ft
- 9,728
- Lot Size
- 8,159
- Acres
- 0.19
- Days on Market
- 50
- Property Type
- Multifamily
- Stories
- Multi Level
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
- Heat
- None
- Cooling Description
- None
- Attached Structure
- Detached
- Number Of Units Total
- 8
Listing courtesy of Listing Agent: Michael Kamara (Michael.kamara@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
Listing sold by Michael Kamara from Lyon Stahl Investment Real Estate, Inc.
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