We investigated the opportunities for obtaining hexaferrites Pb1−хLaхFe12−xZnxO19 (х = 0–1) from citrate–glycerin gel and showed that synthesis occurs via the formation of the Fe3O4 phase; products with a small amount of hematite impurity Fe2O3 can be obtained after firing at 800 to 900 °С with 0 £ х £ 0.5. If х > 0.5, perovskite-like LaFeO3 is formed in samples, so that if х = 0.9–1, the synthesis products virtually do not contain phases with hexaferrite structures and represent a mixture of LaFeO3, Fe2O3, and Fe3O4. Within the range of 0 £ х £ 0.5, the electrical and magnetic characteristics of hexaferrites Pb1–хLaхFe12−xZnxO19 are slightly dependent on х and have the following average values: A relative permittivity e/e0 ~45, a dielectric loss tangent tan d ~0.6, an electrical resistivity R ~109 Ohm×cm, coercivity Нс ~3 kOe, saturation magnetization Ms ~50 emu/g, and remanent magnetization Mr ~25 emu/g. The magnetoelectric (ME) ceramics 50 wt.% PZTNB‑1 + 50 wt.% Pb1−xLaxFe12−xZnxO19 (PZTNB‑1 is an industrial piezoelectric material based on lead titanate zirconate (PZT) do not contain impurity phases and have the following characteristics: Piezoelectric coefficients d33 = 10–60 and –d31 = 2–30 pC/N, piezoelectric voltage coefficients g33 = 2–13 and ‑g31 = 1–5 mV×m/N, an electromechanical coupling coefficient Kp = 0.03–0.13, magnetic parameters Нс = 3–1 kOe, Ms = 50–30, and Mr = 25–12 emu/g. The maximum ME coupling coefficient ΔE/ΔH ~1.75 mV/(cm×Oe) was achieved with х = 0.5.