5436 Romaine St, Los Angeles, CA, 90038

USD 3,699,999
For Sale

Property Details

Bedrooms

21

Bathrooms

21

Property Type

Multi-Family

Description

Property Details: • Type: Multi-Family • Bedrooms: 21 • Bathrooms: 21 • Square Feet: 9437 • Lot/Size: 7,000 sqft lot

Description: 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, wel

Location

Address

5436 Romaine St, Los Angeles, CA, 90038

City

Los Angeles

Features and Finishes

Year Built: 2025; [object Object]; [object Object]; [object Object]

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