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Romaine St Los Angeles, CA 90038

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For Sale
$3,999,999

New construction 5-unit apartment building in a Qualified Opportunity Zone.

Property size:
9,437 SF
Lot size:
0.16 Acres

Property Features for Romaine St

General Information

Standard status
Active
Size
9,437 SF
Lot size
0.16 Acres

Building Details

Year built
2025

Source: KELLER WILLIAMS HOLLYWOOD HILLS Agent DANIEL LALEZARI

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

New Construction Five-Unit Apartment Building

This is a new construction, non-rent control, five-unit apartment building, built in 2025. Located in a Qualified Opportunity Zone, it may offer significant tax benefits. The building features 9,437 square feet of livable area. The complex comprises five units: four units with four bedrooms and four bathrooms, and one unit with five bedrooms and five bathrooms. Unit sizes range from approximately 1800 to 2100 square feet. Each unit features oak color vinyl flooring, recessed lighting, stainless steel appliances, a washer and dryer, grey kitchen cabinets with white calcatta quartz countertops, and designer bathroom tiles. Each unit also has a balcony or patio, and central A/C and heating. There are 10 total parking spaces, including covered garages and carport spaces. Each unit is separately metered for utilities. The property is located minutes from Larchmont, Los Feliz, Silverlake, and Melrose, as well as Netflix and Paramount Studios. Its central location is attractive for renters.
Location Intelligence

Current Use by Public Records

Apartment buildings

Map

City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.298368
Latitude
34.088352

FAQs

What type of property is this?
Apartment building - New construction 5-unit apartment building in a Qualified Opportunity Zone.
Where is this apartment building located?
The property is located at Romaine St Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,999,999.
What are key features of this property?
This property features: - Brand new 2025 construction offering modern design.; - Located in a Qualified Opportunity Zone, providing potential tax benefits.; - High projected cap rate of 6.79% in Hollywood, indicating strong investment potential.
More about this property
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