5436 Romaine Street, Los Angeles, CA 90038

Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
5436 Romaine Street,Los Angeles, CA 90038
$3,849,999
  • 21 Beds
  • 21 Baths
  • 9,437 sq. ft.
  • Multi-family
  • Active
Listed by: daniel lalezari
Office: keller williams hollywood hills
MLS#:25627867
Source:CRMLS

Price summary

  • Price:$3,849,999
  • Price per sq. ft.:$407.97

About this home

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 6.66% in Hollywood and an unmatched price per sq ft of $407 in Hollywood well below today's replacement costs. This luxury complex is comprised 5 units, featuring (4) four beds, four baths and (1) Five bed, Five bath- ranging from approx 1800 sq ft-2100 sq ft with massive huge bedrooms throughout all units. The property is fully vacant currently and has projected monthly income of $26,500 and yearly gross income of $318,000 and there is a option to be delivered fully vacant or leased. 5436 Romaine is located minutes from Larchmont, Los Feliz, Silverlake, Melrose, Netflix and Paramount Studios and it's very central location becoming very

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Home facts

  • Year built:2025
  • Listing ID #:25627867
  • Added:44 day(s) ago
  • Updated:December 11, 2025 at 11:03 PM

Rooms and interior

  • Bedrooms:21
  • Total bathrooms:21
  • Living area:9,437 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Furnace

Structure and exterior

  • Year built:2025
  • Building area:9,437 sq. ft.
  • Lot area:0.16 Acres

Finances and disclosures

  • Price:$3,849,999
  • Price per sq. ft.:$407.97
Based on information from California Regional Multiple Listing Service, Inc. as of December 12, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.