Modern Multifamily Building in Los
5436 Romaine St, Los Angeles, CA 90038
MULTI_FAMILY - Los Angeles, CA
Property size:
9,437 SFLot size:
0.16 AcresPrice / SF:
$391/SF- Added:
- Apr 15, 2026
- Days on Market:
- 31
- Last Refresh:
- May 15 at 8:06 pm
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
- Bathroom 14, Bedroom 21, Bedroom 7, Bedroom 1, Bathroom 12, Bathroom 4, Bathroom 20, Bedroom 19, Bedroom 5, Bathroom 2, Bedroom 16, Bedroom 4, Bedroom 9, Bedroom 2, Bedroom 15, Bathroom 18, Bedroom 8, Bedroom 20, Bathroom 7, Bathroom 9, Bathroom 17, Bathroom 19, Bedroom 10, Bedroom 6, Bathroom 13, Bedroom 12, Bathroom 21, Bathroom 10, Bedroom 18, Bathroom 1, Bathroom 6, Bathroom 3, Bedroom 14, Bathroom 11, Bathroom 5, Bedroom 17, Bedroom 3, Bedroom 11, Bathroom 8, Bathroom 16, Bathroom 15, Bedroom 13
- 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 agent Daniel Lalezari License #01949474 (310) 650-4220
Listing office Keller Williams Hollywood Hills 9000 Sunset Blvd. Suite 1100, West Hollywood, CA (310) 623-1300
Listing date Apr 15, 2026
MLS# 26731755
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.
HighLights
- Brand new 2025 construction 5‑unit building in a Qualified Opportunity Zone, offering potential tax benefits.
- Projected $26,000 monthly income and $312,000 yearly gross income with a 6.83% cap rate.
- Option to be delivered fully leased or vacant, with lease applications in hand.
- Potential to convert garages into 2 ADUs and sell units separately by TIC.
- Prime Hollywood location with a 92 walk score, minutes from key locations like Larchmont, Netflix, and Paramount Studios.
- Luxury units featuring 4 and 5‑bedroom layouts with high‑end finishes, stainless steel appliances, balconies/patios, and central A/C & Heating.
Overview
This modern, fully vacant, non-rent control 5-unit building, constructed in 2025, is located in a Qualified Opportunity Zone, potentially offering significant tax benefits. The property features 9,437 square feet of livable area. The complex comprises five units: four units with four beds and four baths, and one unit with five beds and five baths, ranging from approximately 1800 to 2100 square feet. Each unit features oak color vinyl flooring, natural light, recessed lights, 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 includes 10 parking spaces, consisting of covered garages and carport spaces. Each unit is separately metered for utilities. Some units offer views of the Griffith Observatory, Hollywood sign, and Hollywood Hills. The building is located minutes from Larchmont, Los Feliz, Silverlake, and Melrose, as well as Netflix and Paramount Studios. There is potential to convert the garages into two ADUs and to sell each unit separately by TIC. The lot size is 0.1607 acres. The zoning is LARD1.5. The buyer will enjoy a 1-year building warranty, low maintenance, and very low expenses.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.310536
- Latitude
- 34.088134
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - New 5-unit building in a Qualified Opportunity Zone.
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 $3,699,000.
What are key features of this property?
This property features: Brand new 2025 construction 5‑unit building in a Qualified Opportunity Zone, offering potential tax benefits.; Projected $26,000 monthly income and $312,000 yearly gross income with a 6.83% cap rate.; Option to be delivered fully leased or vacant, with lease applications in hand.
