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). This huge sleek 5-Plex features 9,437 sq ft of livable area, an unheard of projected cap rate of 6.51% in Hollywood with an amazing 92 walk score and an unmatched price per sq ft of $407 in Hollywood well below today’s replacement costs. This luxury complex is comprised 5 units, featuring (4) four beds, four baths and (1) Five bed, Five bath- ranging from approx 1800 sq ft-2100 sq ft with massive huge bedrooms throughout all units. The property is fully vacant currently and has projected monthly income of $26,000 and yearly gross income of $312,000 and there is a option to be delivered fully vacant or leased. 5436 Romaine is located minutes from Larchmont, Los Feliz, Silverlake, Melrose, Netflix and Paramount Studios and it’s very central location becoming very attractive for renters. Each unit has beautiful oak color vinyl flooring with a ton of natural light and additional recessed lights in all units. All units have brand new stainless steel appliances, washer, dryer and designer lovely grey kitchen cabinets with white calcatta quartz countertops, designer bathroom tiles, enormous balconies and patios, and Central A/C & Heating. The units consists of 10 total parking spaces, including covered garages and carport spaces. Each unit is separately metered for utilities. Buyer will enjoy a 1 year building warranty, low maintenance and very low expenses. Some of the units have beautiful views of the Griffith observatory, Hollywood sign and Hollywood Hills. Recent nearby 4plex building sold for $3,685,000 making this building an amazing deal, very attractive, with a high cap! Buyer to verify all!
Property Details
Price:
$3,849,999
MLS #:
26635011
Status:
Active
Beds:
21
Baths:
21
Type:
Single Family
Neighborhood:
c20hollywood
Listed Date:
Jan 16, 2026
Finished Sq Ft:
9,437
Total Sq Ft:
9,437
Lot Size:
7,000 sqft / 0.16 acres (approx)
Year Built:
2025
See this Listing
Schools
Interior
Appliances
DW, GD, MW, RF
Cooling
CA
Heating
CF
Laundry Features
DINC, WINC
Exterior
Architectural Style
MOD
Parking Spots
10
Financial
Map
Community
- Address5436 Romaine ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90038
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Feb 01, 2026
6,870
Single Family Listed
66
Avg DOM
507
Avg $ / SqFt
$1,487,128
Avg List Price
Property Summary
- 5436 Romaine ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90038. It is listed for $3,849,999 and features 21 beds, 21 baths, and has approximately 9,437 square feet of living space, and was originally constructed in 2025. The current price per square foot is $408. The average price per square foot for Single Family listings in Los Angeles is $507. The average listing price for Single Family in Los Angeles is $1,487,128.
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5436 Romaine ST
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