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    5436 Romaine St Los Angeles, CA 90038

    Sponsored
    For Sale
    $3,849,999

    MULTI_FAMILY - Los Angeles, CA

    Property size:
    9,437 SF
    Lot size:
    0.16 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 10 at 12:06 pm

    Property Features for 5436 Romaine St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    LARD1.5
    Rooms
    Bedroom 18, Bathroom 15, Bedroom 11, Bedroom 14, Bedroom 7, Bathroom 4, Bedroom 16, Bedroom 17, Bathroom 16, Bedroom 2, Bathroom 19, Bathroom 9, Bathroom 20, Bedroom 12, Bathroom 6, Bathroom 5, Bedroom 8, Bedroom 1, Bedroom 19, Bedroom 3, Bedroom 10, Bathroom 1, Bathroom 12, Bathroom 2, Bedroom 6, Bathroom 18, Bedroom 4, Bathroom 3, Bathroom 8, Bathroom 13, Bathroom 21, Bedroom 5, Bathroom 17, Bedroom 9, Bedroom 21, Bathroom 11, Bathroom 14, Bedroom 20, Bathroom 10, Bathroom 7, Bedroom 15, Bedroom 13
    Bedrooms
    21
    Bathrooms
    21
    APN
    5535-006-019
    Parking
    10
    Parking features
    Carport, Garage - Attached
    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

    Keller Williams Realty Hollywood Hills (310) 623-1300 [email protected]

    Listing agent Daniel Lalezari (310) 623-1300 License #01949474

    Listing date Jan 8, 2026

    MLS# 26635011 Listing URL

    Copyright © 2026 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Construction Multifamily in Hollywood

    Located in a Qualified Opportunity Zone, this new construction 5-unit building at 5436 Romaine Street in Los Angeles features 9,437 square feet of livable area. The property is zoned LARD1.5 and is comprised of four 4-bed, 4-bath units and one 5-bed, 5-bath unit, ranging from approximately 1800 to 2100 square feet. Each unit includes oak color vinyl flooring, stainless steel appliances, a washer and dryer, grey kitchen cabinets with white calcatta quartz countertops, designer bathroom tiles, balconies and patios, and central A/C and heating. The property has 10 total parking spaces, including covered garages and carport spaces. Each unit is separately metered for utilities. The building is located minutes from Larchmont, Los Feliz, Silverlake, Melrose, Netflix, and Paramount Studios. Some units have views of the Griffith Observatory, Hollywood Sign, and Hollywood Hills. The property is fully vacant and has a projected yearly gross income of $312,000. A one-year building warranty is included. The building can be delivered fully vacant or leased. The intended use of the property is residential income.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.310536
    Latitude
    34.088134

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    FAQs

    What type of property is this?
    Apartment building - New 5-unit building in Hollywood with high walk score.
    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 $3,849,999.
    What are key features of this property?
    This property features: - New 2025 construction 5-unit building with high projected 6.51% cap rate in Hollywood.; - Located in a Qualified Opportunity Zone, offering potential tax benefits (buyer to verify with CPA).; - Large units (approx. 1800-2100 sq ft) feature modern finishes: stainless steel appliances, quartz countertops, and in-unit washer/dryer.
    (310) 623-1300
    Request Owner's contact information
    5436 Romaine St Los Angeles, CA 90038
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    Los Angeles, CA 90038
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5436 Romaine St Los Angeles, CA 90038
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