Modern Multifamily Building in
5436 Romaine St, Los Angeles, CA 90038
New
MULTI_FAMILY - Los Angeles, CA
Property size:
9,437 SFLot size:
0.16 AcresPrice / SF:
$392/SF- Added:
- May 26, 2026
- Days on Market:
- 4
- Last Refresh:
- May 29 at 5:06 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
- Bedroom 11, Bathroom 16, Bedroom 7, Bathroom 4, Bathroom 9, Bedroom 3, Bedroom 5, Bedroom 1, Bedroom 21, Bathroom 18, Bedroom 17, Bathroom 12, Bedroom 2, Bathroom 21, Bathroom 19, Bedroom 14, Bathroom 15, Bathroom 13, Bedroom 8, Bedroom 13, Bathroom 2, Bathroom 7, Bathroom 10, Bedroom 20, Bedroom 15, Bedroom 18, Bathroom 14, Bathroom 20, Bedroom 10, Bathroom 6, Bedroom 6, Bedroom 19, Bathroom 1, Bedroom 9, Bathroom 8, Bedroom 16, Bathroom 5, Bedroom 4, Bathroom 3, Bathroom 17, Bathroom 11, Bedroom 12
- 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 May 26, 2026
MLS# 26839065
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 with a 6.83% cap rate and potential for high rental income ($26,000/month projected).
- Located in a Qualified Opportunity Zone, offering potential tax benefits (consult CPA).
- Option to be delivered fully leased or vacant, with lease applications already in hand.
- Potential to convert garages into 2 ADUs and sell each unit separately as TICs.
- Modern units with high‑end finishes: stainless steel appliances, quartz countertops, designer bathrooms, and large balconies/patios.
- Prime Hollywood location near Larchmont, Los Feliz, Netflix, and Paramount Studios, with a high walk score (92).
Overview
This modern, fully vacant, non-rent control 5-unit building is a new construction completed in 2025. Located in a Qualified Opportunity Zone, it offers potential tax benefits. The property can be delivered leased or vacant. The 5-plex features 9,437 square feet of livable area. There is potential to convert the garages into 2 ADUs and to sell each unit separately by TIC the building. The complex comprises 5 units: four 4-bed, 4-bath units and one 5-bed, 5-bath unit, 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 units consist of 10 total parking spaces, including covered garages and carport spaces. Each unit is separately metered for utilities. Some units have views of the Griffith Observatory, Hollywood sign, and Hollywood Hills. The property is located minutes from Larchmont, Los Feliz, Silverlake, Melrose, Netflix, and Paramount Studios. The lot size is 0.1607 acres.
Property Profile
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 $3,699,999.
What are key features of this property?
This property features: Brand new 2025 construction 5‑unit building with a 6.83% cap rate and potential for high rental income ($26,000/month projected).; Located in a Qualified Opportunity Zone, offering potential tax benefits (consult CPA).; Option to be delivered fully leased or vacant, with lease applications already in hand.
