New Construction 5-Unit Apartment
5436 Romaine St Los Angeles, CA 90038
5436 Romaine St, Los Angeles, CA, 90038
$3,699,999
For Sale
$3,699,999
MULTI_FAMILY - Los Angeles, CA
Property Size9,437 SF
Lot Size0.16 Acres
Price / SF$392.07
Days on Market17
Property Features for 5436 Romaine St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- LARD1.5
- Bedrooms
- 21
- Bathrooms
- 21
- Rooms
- Bedroom 13, Bathroom 13, Bedroom 3, Bathroom 14, Bedroom 10, Bedroom 21, Bedroom 20, Bathroom 8, Bedroom 7, Bathroom 4, Bedroom 2, Bedroom 6, Bedroom 16, Bedroom 17, Bathroom 11, Bathroom 19, Bedroom 19, Bedroom 11, Bedroom 18, Bathroom 1, Bathroom 15, Bathroom 6, Bathroom 17, Bedroom 8, Bedroom 14, Bedroom 9, Bathroom 12, Bathroom 21, Bathroom 3, Bedroom 12, Bathroom 10, Bathroom 9, Bedroom 15, Bedroom 5, Bathroom 7, Bathroom 20, Bathroom 16, Bedroom 4, Bathroom 2, Bathroom 18, Bathroom 5, Bedroom 1
- Parking
- 10
- Parking features
- Carport, Garage - Attached
- Standard status
- Active
- APN
- 5535-006-019
- Size
- 9,437 SF
- Lot size
- 0.16 Acres
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2025
- Floors in Building
- 3
- Number of units
- 5
- Architectural style
- Modern
Listing Agency
Keller Williams Hollywood Hills
(310) 623-1300
9000 Sunset Blvd. Suite 1100, West Hollywood, CA
Listed by
Daniel Lalezari · License #01949474
(310) 650-4220
Added: Jul 1 Checked: Jul 17 at 9:06 am
MLS# 26854547
Listing URL
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
A fully vacant, brand-new 2025 construction 5-unit apartment building featuring a modern, streamlined layout across five separately metered units. The unit mix includes (4) four-bedroom, four-bath residences and (1) five-bedroom, five-bath residence, with approximate unit sizes ranging from about 1,800 to 2,100 square feet. Interiors include oak-color vinyl flooring, recessed lighting, brand-new stainless steel appliances, washer and dryer in each unit, and designer grey cabinetry with white quartz countertops, along with upgraded bathroom finishes. Outdoor space includes large balconies and patios, and each unit is equipped with central A/C and heating. The property includes 10 total parking spaces across covered garages and carport spaces, and the building is described as non-rent controlled. The buyer may also have the option to convert garages into ADUs, subject to approvals.
The property is located in an Qualified Opportunity Zone area, and the listing notes the building can be delivered either 100% leased or vacant, with lease applications in hand. The remarks state the building is in a central area and is located minutes from Larchmont, Los Feliz, Silver Lake, Melrose, and nearby studios, including Netflix and Paramount Studios.
For investors or owner-operators seeking a newer multifamily asset, this 5-plex presents a modern amenity package, dedicated utility metering, and flexibility around delivery status. The seller-provided projection cites projected monthly income of $26,000 and an annual gross income of $312,000, along with a stated projected cap rate of 6.83%. The listing also mentions a one-year building warranty and low-maintenance expectations; buyers should verify all terms, projections, and any conversion potential.
The property is located in an Qualified Opportunity Zone area, and the listing notes the building can be delivered either 100% leased or vacant, with lease applications in hand. The remarks state the building is in a central area and is located minutes from Larchmont, Los Feliz, Silver Lake, Melrose, and nearby studios, including Netflix and Paramount Studios.
For investors or owner-operators seeking a newer multifamily asset, this 5-plex presents a modern amenity package, dedicated utility metering, and flexibility around delivery status. The seller-provided projection cites projected monthly income of $26,000 and an annual gross income of $312,000, along with a stated projected cap rate of 6.83%. The listing also mentions a one-year building warranty and low-maintenance expectations; buyers should verify all terms, projections, and any conversion potential.
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FAQs
What type of property is this?
Apartment building - Fully vacant 2025-built 5-plex with modern interiors, central A/C, and option for delivered leased or vacant.
Where is this apartment building located?
The property is located at 5436 Romaine St Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,699,999.
