5436 Romaine Street, Los Angeles, CA 90038

Los Angeles
Local realty services provided by:ERA Carlile Realty Group
5436 Romaine Street,Los Angeles, CA 90038
$3,699,000
  • 21 Beds
  • 21 Baths
  • 9,437 sq. ft.
  • Multi-family
  • Active
Listed by: daniel lalezari
Office: keller williams hollywood hills310-623-1300
MLS#:26731755
Source:CRMLS

Price summary

  • Price:$3,699,000
  • Price per sq. ft.:$391.97

About this home

Welcome to 5436 Romaine- A Modern Massive Brand New 2025 Construction fully vacant Non Rent Control 5-unit building that is located in an Qualified Opportunity Zone area which offers significant tax benefits (buyers can consult with their CPA for all the benefits). The property is currently fully vacant and the buyer has the option to be delivered leased or vacant as there are lease applications in hand! With a projected monthly income at $26,000 per month and a yearly gross income of $312,000. This sleek and modern 5-Plex features 9,437 sq ft of livable area, an unheard of projected cap rate of 6.83% with an amazing 92 walk score and an unmatched price per sq ft of $392 in Hollywood, well below today's replacement costs . THERE IS POTENTIAL TO CONVERT THE GARAGES INTO 2 ADUS and to sell each unit separately by TIC the building, endless opportunities for adding value! This luxury complex is comprised 5 units, featuring (4) four beds, four baths and (1) Five bed, Five bath- ranging...

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Home facts

  • Year built:2025
  • Listing ID #:26731755
  • Added:17 day(s) ago
  • Updated:May 03, 2026 at 10:30 AM

Rooms and interior

  • Bedrooms:21
  • Total bathrooms:21
  • Kitchen Description:Dishwasher, Disposal, Microwave, Refrigerator
  • Living area:9,437 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:2025
  • Building area:9,437 sq. ft.
  • Lot area:0.16 Acres
  • Architectural Style:Modern

Finances and disclosures

  • Price:$3,699,000
  • Price per sq. ft.:$391.97

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:10
  • Parking description:Carport
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