23
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$3,050,000
16 Beds
16 Baths
11,326 SqFt
New
4956 Romaine St Los Angeles, CA 90029
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Key Details
Property Type Commercial
Sub Type Multi-Family
Listing Status Active
Purchase Type For Rent
Square Footage 11,326 sqft
MLS Listing ID 25631227
Bedrooms 16
Year Built 1964
Lot Size 9,902 Sqft
Acres 0.2273
Property Sub-Type Multi-Family
Property Description
Prime Hollywood investment opportunity featuring 16 one-bedroom, one-bathroom units, each with its own assigned parking space. Offered at $3,050,000 (approximately $190,625 per unit), this well-maintained asset delivers strong in-place income with immediate upside. One vacant unit allows a new owner to quickly lease at market and increase cash flow from day one. The excellent unit mix, favorable parking ratio, and sought-after Hollywood location make this a compelling opportunity for value-add and long-term investors.
Location
State CA
County Los Angeles
Area Hollywood
Zoning LARD1.5
Exterior
Garage Spaces 16.0
Building
Story 2
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