6127 Romaine St, Los Angeles, CA 90038
6127 Romaine St, Los Angeles, CA 90038
6127 Romaine St, Los Angeles, CA 90038
41
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$2,095,000
Est. payment /mo
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6 Beds
8 Baths
5,560 SqFt
Price Dropped by $300K

6127 Romaine St Los Angeles, CA 90038

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,560 sqft

Price per Sqft $376

MLS Listing ID 26667615

Bedrooms 6

Year Built 1953

Lot Size 6,505 Sqft

Acres 0.1493

Property Sub-Type Multi-Family

Property Description

We are pleased to present 6127 Romaine Street, an 8-unit, pride-of-ownership multifamily asset located in the heart of Hollywood. This boutique, professionally managed 1950s-era property offers investors the opportunity to acquire an asset with strong in-place rents as well as value-add potential. Select capital improvements have been completed, inclusive of unit renovations to the majority of units, updates to the electrical, and new windows throughout. There are individual water heaters and ratio utility billing, so the property is running very efficiently. Located in a walkable, high-demand pocket of Hollywood, 753 N Hudson Avenue is surrounded by several newer Class A multifamily, mixed-use developments, and entertainment-industry hubs such as studios and post-production facilities. The asset offers a lower-cost alternative to nearby luxury buildings while delivering comparable unit finishes, appealing to quality-conscious tenants at more accessible rents. Professionally managed throughout the seller's ownership, this property stands out as a smooth operating, income-producing investment with room for rental growth making it an ideal acquisition for investors seeking both cash flow and appreciation in one of Los Angeles' most dynamic rental submarkets.

Location

State CA

County Los Angeles

Area Hollywood

Zoning LAR3

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Covered Parking, Detached, Garage - 4+ Car, Garage Is Detached

Garage Spaces 7.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Miller & Desatnik Realty Co.

NEARBY SCHOOL & BUSINESS

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6127 Romaine St