5436 Romaine Street, Los Angeles, CA 90038

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
5436 Romaine Street,Los Angeles, CA 90038
$3,699,000
  • 21 Beds
  • 21 Baths
  • 9,437 sq. ft.
  • Multi-family
  • Active
Listed by: daniel lalezari
Office: keller williams hollywood hills310-623-1300
MLS#:26731755
Source:CRMLS

Price summary

  • Price:$3,699,000
  • Price per sq. ft.:$391.97

About this home

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 $391 in Hollywood, well below today's replacement costs . THERE IS POTENTIAL TO CONVERT THE GARAGES INTO 2 ADUS and to sell each unit separately by TIC the building, endless opportunities for adding value! This luxury complex is comprised 5 units, featuring (4) four beds, four baths and (1) Five bed, Five bath- ranging...

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Home facts

  • Year built:2025
  • Listing ID #:26731755
  • Added:1 day(s) ago
  • Updated:April 15, 2026 at 11:26 PM

Rooms and interior

  • Bedrooms:21
  • Total bathrooms:21
  • Kitchen Description:Dishwasher, Microwave, Refrigerator, Washer
  • Living area:9,437 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Furnace
  • Central air:Yes

Structure and exterior

  • Year built:2025
  • Building area:9,437 sq. ft.
  • Lot area:0.16 Acres
  • Architectural Style:Modern
  • Levels:Multi Split

Finances and disclosures

  • Price:$3,699,000
  • Price per sq. ft.:$391.97

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:10
  • Parking description:Carport
Based on information from California Regional Multiple Listing Service, Inc. as of April 16, 2026 . 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.

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