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7050 Waring Ave , Los Angeles, CA 90038
$2,895,000
Est. Payment: $14,567.18/mo
5 Bed
4 Bath
9728 Sqft
Status: pending | Days on site: 62
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Chris Heller
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House 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.
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Highlights

Listed by Michael Kamara , 310-525-5833 Lyon Stahl Investment Real Estate, Inc. , 310-425-9838. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.19

Year Built

1966

County

Los Angeles

Area

C20 - Hollywood

Listing ID

26831155

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:0

Exterior Features

Lot:No Land Lease
Garage Capacity:15
Zoning:LAR3
Others:2+ Total Units
Parking Features:Carport
Principal Interest
$14,567
Taxes
$1,846

Home Price

$2,895,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$579,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$14,567.18

Principal

Taxes

Principal Taxes HOA Total
Monthly $14,567.18 $1,845.56 $0.00 $16,412.74
Yearly $174,806.19 $22,146.75 $0.00 $196,952.94
Total $5,244,185.64 $664,402.50 $0.00 $5,908,588.14

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

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Data last updated: 2026-08-08T08:36:43.000Z

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