5-Unit Apartment Building with
5436 Romaine Street Los Angeles, CA 90038
5436 Romaine Street, Los Angeles, CA, 90038
$3,699,999
For Sale
$3,699,999
New 2025 five-unit apartment building, fully vacant, with central A/C, parking, and option for leased delivery.
Property Size9,437 SF
Price / SF$392.07
Days on Market74
Property Features for 5436 Romaine Street
General Information
- Standard status
- Active
- Size
- 9,437 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 2025
Listing agency
Keller Williams Hollywood Hills
Listed by
Daniel Lalezari
(714) 497-3550
Source
Sevengables
Added: May 10 Updated: Jul 10 at 1:49PM Checked: Jun 5 at 2:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Hollywood Hills
Investment Insights
Based on property information with market context.
A brand-new 2025 construction 5-unit apartment building offered for sale fully vacant. The property is a modern five-plex with approximately 9,437 square feet of livable area and unit layouts ranging from about 1,800 to 2,100 square feet. Each unit includes features such as oak-colored vinyl flooring, recessed lighting, and brand-new stainless steel appliances along with in-unit washer and dryer. Kitchens include designer grey cabinetry and white Calacatta quartz countertops, and bathrooms feature designer tile. Multiple units offer balconies and/or patios, and all units have central A/C and heating. The building also includes 10 total parking spaces across covered garages and carport spaces, and each unit is separately metered for utilities. A 1-year building warranty is included, and the seller notes low maintenance and low expenses.
The property is located at 5436 Romaine Street in Los Angeles. The seller indicates the building is in a Qualified Opportunity Zone and is minutes from Larchmont, Los Feliz, Silver Lake, Melrose, and nearby entertainment studios, including Netflix and Paramount Studios.
This asset is well suited for buyers seeking a turn-key modern multifamily purchase with the ability to be delivered fully leased or fully vacant, based on lease applications currently in hand. The seller also states the buyer may have the option to explore converting garages into ADUs.
The property is located at 5436 Romaine Street in Los Angeles. The seller indicates the building is in a Qualified Opportunity Zone and is minutes from Larchmont, Los Feliz, Silver Lake, Melrose, and nearby entertainment studios, including Netflix and Paramount Studios.
This asset is well suited for buyers seeking a turn-key modern multifamily purchase with the ability to be delivered fully leased or fully vacant, based on lease applications currently in hand. The seller also states the buyer may have the option to explore converting garages into ADUs.
Key Highlights
- Brand‑new 2025 construction 5‑unit apartment building, currently fully vacant with option to deliver vacant or fully leased (lease applications in hand).
- Projected income of $26,000 per month and $312,000 yearly gross income.
- 9,437 sq ft of livable area across five units (4 units with 4 bed/4 bath; 1 unit with 5 bed/5 bath).
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FAQs
What type of property is this?
Apartment building - New 2025 five-unit apartment building, fully vacant, with central A/C, parking, and option for leased delivery.
Where is this apartment building located?
The property is located at 5436 Romaine Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,699,999.
What are key features of this property?
This property features: Brand‑new 2025 construction 5‑unit apartment building, currently fully vacant with option to deliver vacant or fully leased (lease applications in hand).; Projected income of $26,000 per month and $312,000 yearly gross income.; 9,437 sq ft of livable area across five units (4 units with 4 bed/4 bath; 1 unit with 5 bed/5 bath).
