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$ 3,999,999
Est. payment | /mo
21 Beds
21 Baths
9,437 SqFt
$ 3,999,999
Est. payment | /mo
21 Beds
21 Baths
9,437 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 9,437 sqft
Price per Sqft $423
MLS Listing ID 25578783
Bedrooms 21
HOA Y/N No
Year Built 2025
Lot Size 7,000 Sqft
Property Description
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!
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LARD1.5
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Exterior
Parking Features Carport
Total Parking Spaces 10
Building
Story 3
Entry Level Multi/Split
Architectural Style Modern
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5535006019
Special Listing Condition Standard
Listed by Daniel Lalezari Keller Williams Hollywood Hills
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Meir Nemetsky
Partner | Lic# 1946024