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    6132 Romaine St Los Angeles, CA 90038

    Sponsored
    For Sale
    $5,500,000

    Land/Lot - Los Angeles, CA

    Lot size:
    19,539.00 Acres
    Days on Market:
    356
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 6132 Romaine St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    LAR4
    APN
    5534026007
    Exterior features
    Fence, Community Features Included: Sidewalks
    Fencing
    Fenced
    Lot size
    19,539.00 Acres

    Building Details

    Architectural style
    Other

    Mills Realty (818) 763-4462 [email protected]

    Listing agent Simon Mills (818) 763-4462 License #01309436

    Listing date Jan 15, 2025

    MLS# SR25010832 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hollywood Development Opportunity: 19,539 SF

    This exceptional property presents a prime development opportunity in central Hollywood, spanning three contiguous parcels and totaling 19,539 square feet. The site is located within a Transit Oriented Community (TOC) and a Transit Priority Area, providing access to Los Angeles and surrounding communities. The property is zoned R3-1XL and advancing to R4 under the Hollywood Community Plan. Developers can maximize the potential for possibly 40+ units or more, leveraging TOC incentives and additional density bonuses under the Hollywood Community Plan. The site includes an existing alleyway that aids in setbacks, enhancing its appeal for multi-family housing projects. The lot size is approximately 0.448 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

    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
    -118.325609
    Latitude
    34.088666

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    FAQs

    What type of property is this?
    Commercial land - Prime Hollywood development site near transit, potential for 40+ units.
    Where is this commercial land located?
    The property is located at 6132 Romaine St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: - Prime development opportunity in Central Hollywood with 19,539 sq ft across three contiguous parcels.; - Located within a Transit Oriented Community (TOC) and Transit Priority Area, providing excellent access to Los Angeles.; - Zoned R3-1XL and advancing to R4, allowing for high-density development with potential for 40+ units.
    (818) 763-4462
    Request Owner's contact information
    6132 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
    6132 Romaine St Los Angeles, CA 90038
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