5436 Romaine Street
Los Angeles, CA 90038
21
Bed
0
Bath
9,437Sqft
7,000Sqft(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 21Bathroom Information
Total Baths: 21 Full Baths: 0 Half Baths: 0 -
Interior Features
Property Appliances: Dishwasher,Disposal,Microwave,Refrigerator,Dryer,Washer -
Cooling Features
Central Air Air ConditioningHeating Source
Central Has Heating
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Building Information
Year Built: 2025 Building Area Total: 9,437
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1607 Lot Size Dimensions: 50x140 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 7000
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Listing Price Information
Original List Price: 3,699,999 Listing Contract Date: 2026-05-26 -
Lease Information
Listing Agreement: Seller Reserved
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Tax Information
Parcel Number: 5535006019
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Garage and Parking
Garage Description: Carport Attached Garage: YesHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: C20 - Hollywood Postal Code Plus 4: 3209 Directions: West of Western Ave, between Wilton and Western Ave and North of Melrose and South of Santa Monica blvd Zoning: LARD1.5 Source Property Type: Residential Income Area: C20 - Hollywood -
Building and Construction
Property Age: 1 Year Built Source: Builder Total Square Feet Living: 9437 Levels or Stories: Multi/Split
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5522 Lexington Avenue, Los Angeles, CA, 90038 | $1,500,000 | 8 | -- | 6,130 | 6,130 SqFt |
| 5516 Virginia Avenue, Los Angeles, CA, 90038 | $3,350,000 | 21 | -- | 11,550 | 11,550 SqFt |
| 5633 La Mirada Avenue, Los Angeles, CA, 90038 | $1,499,000 | 9 | -- | 3,884 | 3,884 SqFt |
| 5412 Barton Avenue, Los Angeles, CA, 90038 | $995,000 | 2 | 1 | 1,368 | 1,368 SqFt |
| 5416 Barton Avenue, Los Angeles, CA, 90038 | $800,000 | 3 | 1 | 1,615 | 1,615 SqFt |
| 5640 Santa Monica Boule.., Los Angeles, CA, 90038 | $24,000,000 | -- | -- | 57,664 | 57,664 SqFt |
| 5526 Sierra Vista Avenue, Los Angeles, CA, 90038 | $1,150,000 | 6 | -- | 3,275 | 3,275 SqFt |
| 1059 N Wilton Place, Los Angeles, CA, 90038 | $939,000 | 3 | 2 | 1,272 | 1,272 SqFt |
| 5430 Monroe Street, Los Angeles, CA, 90038 | $1,499,000 | 4 | -- | 2,200 | 2,200 SqFt |
| 1220 N Van Ness Avenue, Los Angeles, CA, 90038 | $1,635,000 | 11 | -- | 6,480 | 6,480 SqFt |
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ByOwner last updated this listing 06/22/2026 @ 20:21
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