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Eight-Unit Apartment Building
New
For Sale
$2,895,000

7452 Romaine St, West Hollywood, CA 90046

MULTI_FAMILY - West Hollywood, CA

Property Size6,690 SF
Lot Size0.13 Acres
Price / SF$432.74
Days on Market2

Property Features for 7452 Romaine St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning WDR3C*
Bedrooms 12
Bathrooms 8
Full bathrooms 2
Rooms Bedroom 7, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 9, Bedroom 11, Bedroom 10, Bathroom 4, Bedroom 2, Bathroom 5, Bedroom 12, Bathroom 6, Bathroom 7, Bedroom 6, Bathroom 8, Bathroom 2, Bathroom 3, Bedroom 8, Bedroom 5
Parking 5
Parking features Carport, Covered, Assigned
Directions Between Santa Monica Blvd and Melrose Ave. Between Fairfax Ave. and La Brea Ave.
Subdivision West Hollywood Vicinity
Standard status Active
APN 5531-024-012
Size 6,690 SF
Lot size 0.13 Acres

Amenities

stacked washer/dryer
communal coin laundry

Building Details

Year built 1954
Floors in Building 2
Number of units 8
Listing Agency: Keller Williams Beverly Hills · Keller Williams Realty
Listed By: Dario Svidler · License #01884474
Added: Aug 4 Changed: Aug 5 Last Checked: Aug 5 at 6:06PM
MLS# 26868313

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.

Investment Insights

Based on property information with market context.

This 8-unit apartment property contains four 2+1 residences and four 1+1 residences within a 6,690-square-foot building completed in 1954. Several apartments have been remodeled, with stacked washer/dryer installations in those units, while a shared coin-operated laundry serves the building. Corner residences receive abundant daylight through large windows, and one unit at the Gardener Street address includes a private front yard. The property also provides 5 covered, assigned carports.

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
6,690 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.54M
$1.35M – $1.79M (±1% cap)
NOI $107,647 @ 7.0% cap · market cap 3.72%
Second Best
no second resolved use
Theoretical Best
Office A
$3.58M
$3.13M – $4.18M (±1% cap)
NOI $250,726 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Law Firm Food Market Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

4,631
Businesses Nearby

Demographics for 90046, CA

49,987
Population
31,929
Households
1.6
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
8,770
Density / Sq Mi
$94,259
Median Household Income
$65,607
Median Earnings
$2,204
Median Rent
$1,411,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Four two-bedroom and four one-bedroom units include remodeled apartments with stacked laundry in select units.
Where is this apartment building located?
The property is located at 7452 Romaine St West Hollywood, CA.
What is the asking price?
The asking price for this property is $2,895,000.
What are key features of this property?
This property features: 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
More about this property
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