$2,895,000
7050 Waring Avenue, Los Angeles CA 90038
Multi-Family (8 Units)
Property type
29 days
On market
$298
Price per sqft
N/A
Garage
1966
Year built
8,159 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Michael Kamara DRE #02062158 310-525-5833, Lyon Stahl Investment Real Estate, Inc.
Listing updated: May 15, 2026 at 07:22am.
Last checked: Jun 4, 2026 at 03:30am
Source: CRMLS #26831155
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 4 | 2 | 2 | — | $2,499 | $9,995 | $12,800 | Unfurnished |
| 4 | 3 | 2 | — | $3,248 | $12,993 | $15,000 | Unfurnished |
# of Buildings: 1
# of Units Total: 8
Financial Snapshot
Gross Rent Multiplier
10.4x
List Price / Annual Gross Rent
Cap Rate
6.07%
NOI / List Price
Net Operating Income: $175,798
Interior
Cooling: None
Heating: None
Exterior
Stories Total: 2
Levels: Multi Split
Garage and Parking
Parking: Carport
Parking Total: 15
Lot Information
Land Lease: No
Parcel #: 5525008025
Zoning: LAR3
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 7050 Waring Avenue, Los Angeles, CA 90038. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,316,000
Total Interest
$2,953,930
Total Payment
$5,269,930
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$17,804
per month
Property History for 7050 Waring Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90038.
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