Welcome to 5436 Romaine- A Modern Massive Brand New 2025 Construction 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 6.84% in Hollywood and an unmatched price per sq ft of $423 in Hollywood well below replacement costs. This luxury complex is comprised of two duplexes, (2) with an attached ADU on one of the duplexes, featuring (4) four beds, four baths and (1) Five bed, Five bath- ranging from approx 1800 sq ft-2100 sq ft with big bedrooms throughout. 5436 Romaine is located minutes from Larchmont, Los Feliz, Silverlake, and Melrose, 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 priced very well and rare to find! Buyer to verify all!
Property Details
Price:
$3,999,999
MLS #:
25578783
Status:
Active
Baths:
0
Address:
5436 Romaine Street
Type:
Residential Income
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Aug 15, 2025
State:
CA
ZIP:
90038
Lot Size:
7,000 sqft / 0.16 acres (approx)
Year Built:
2025
See this Listing
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Schools
Interior
Appliances
Dishwasher, Disposal, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Exterior
Parking Features
Carport
Parking Spots
10.00
Stories Total
3
Financial
Map
Community
- Address5436 Romaine Street Los Angeles CA
- AreaC20 – Hollywood
- CityLos Angeles
- CountyLos Angeles
- Zip Code90038
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5436 Romaine Street
Los Angeles, CA
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