7452 Romaine St, West Hollywood, CA 90046
MULTI_FAMILY - West Hollywood, CA
Property Features for 7452 Romaine St
General Information
Amenities
Building Details
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Investment Insights
Based on property information with market context.
Located at 7452 Romaine St in West Hollywood, the building sits between Santa Monica Blvd. and Melrose Ave., near Poinsettia Recreation Center and Plummer Park. Restaurants, shops, markets, bars, and clubs are within walking distance. Improvements include walkway waterproofing, surrounding sidewalk landscaping, and completed SB721 compliance work. Soft-story seismic retrofitting was completed in 2022. The carports may have potential for conversion into one or two ADUs, subject to applicable approvals.
Key Highlights
- 8‑unit apartment building with four 2+1s and four 1+1s
- 6,690 square feet on a 0.1255‑acre lot
- 5 covered, assigned carports
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $212.7k | $31.80 |
| − Vacancy | −$17.0k | −$2.54 |
| EGI | $195.7k | $29.26 |
| − OpEx | −$88.1k | −$13.17 |
| NOI | $107.6k | $16.09 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 90046, CA
Market
Vacancy Rate% for Multifamily in West region