Listed by Saadia 'Sam' Liberow of Marcus & Millichap
Positioned in a prime central Hollywood location at 7006 Lanewood Ave between Hollywood and Sunset Boulevards, this 18-unit multifamily property (comprising 17 legal units plus 1 non-conforming unit) sits approximately a quarter-mile from Hollywood & Highland, the Metro B Line station, Ovation Hollywood, and the Walk of Fame, with Netflix's Sunset Bronson campus just 1.5 miles away. The asset features a desirable unit mix of four studios and fourteen one-bedrooms, including one vacant, rent-ready studio. Property upkeep is well-managed, highlighted by a completed mandatory soft-story seismic retrofit with a City of Los Angeles Certificate of Compliance issued in 2020, alongside extensive permitted upgrades since 2018 including new electrical subpanels, replaced plumbing fixtures, and new direct-vent wall heaters. Residents enjoy modern conveniences such as in-unit laundry, wall air-conditioning units, and on-site garage parking, all anchored by deep neighborhood renter demand, where roughly 89% of occupied homes within one mile are renter-occupied.

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Property Details of 7006 Lanewood Avenue

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Based on information submitted to CRMLS as of October 29, 2026 12:36 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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