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New Construction Five-Unit Apartment Building

Romaine Street, Los Angeles, CA 90038

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For Sale

$3,999,999

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

Type:Commercial

Property size:

9,437 SF

Lot size:

0.16 Acres

Price / SF:

$423/SF

HighLights

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.
Large units ranging from 1800‑2100 sq ft with 4‑5 bedrooms and bathrooms.
Features high‑end finishes including stainless steel appliances and quartz countertops.
Prime central location near Larchmont, Los Feliz, Netflix, and Paramount Studios.

We can help!

Listing Contact

DANIEL LALEZARI

Learn more

For Sale

$3,999,999

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

Type:Commercial

Property size:

9,437 SF

Lot size:

0.16 Acres

Price / SF:

$423/SF

Added:: Aug 16, 2025
Days on Market:: 303
Last Refresh:: Apr 5 at 8:39 pm

Property Features for Romaine Street

General Information

Standard status: Active
Size: 9,437 SF
Lot size: 0.16 Acres
Property subtype: Commercial

Building Details

Year Built: 2025

We can help!

Listing Contact

DANIEL LALEZARI

Listing agent DANIEL LALEZARI License #01949474

Listing office KELLER WILLIAMS HOLLYWOOD HILLS

Listing date Aug 16, 2025

Source Corcoran

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

All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS HOLLYWOOD HILLS

HighLights

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.
Large units ranging from 1800‑2100 sq ft with 4‑5 bedrooms and bathrooms.
Features high‑end finishes including stainless steel appliances and quartz countertops.
Prime central location near Larchmont, Los Feliz, Netflix, and Paramount Studios.

Overview

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

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Apartment buildings

Map

City: Los Angeles
County: Los Angeles
State: California
Longitude: -118.298
Latitude: 34.0884

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For sale
Apartment buildings
CA
Los Angeles
90038
Romaine Street

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 Street 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.