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4956 Romaine St
Los Angeles CA 90029 US

$2,600,000

Active Listing ID 25631175
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16 bed
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16.00 Bath (1 Full)
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Lot: 0.23 Acres
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Other

$2,600,000

Active Listing ID 25631175
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4956 Romaine St BACK ON MARKET - Buyer didn't perform. Prime Hollywood investment opportunity featuring 16 one-bedroom, one-bathroom units, each with its own assigned parking space. Offered at $2, 600, 000 (approximately $162, 500 per unit), this well-maintained asset delivers strong in-place income with a cap rate of approximately 6.25% and immediate upside. One vacant unit allows a new owner to lease at market and increase cash flow from day one, with additional upside through rent growth and operational improvements. The excellent unit mix, favorable parking ratio, and sought-after Hollywood location make this a compelling opportunity for both value-add and long-term investors.

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Property Features

  • Facts
  • Lot Size: 0.23 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 1
  • Heating Fuels: Natural Gas

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 2600000
  • unparsedaddress: 4956 Romaine St
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90029
  • bathroomsfull: 1
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.2273
  • lotsizeunits: Acres
  • lotsizearea: 0.2273
  • livingarea: 11326
  • livingareaunits: Square Feet
  • latitude: 34.088348
  • longitude: -118.29951
  • listagentfullname: George Morales
  • listagentemail: georgemorales@compass.com
  • listagentkey: 3yd-CLAWCA-C125491
  • listagentmlsid: C125491
  • listagentpreferredphone: 3235788423
  • listagentofficephone: 3102305478
  • listofficekey: 3yd-CLAWCA-X81461
  • listagentstatelicense: 01984555
  • listofficemlsid: X81461
  • disclaimer: Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1964
  • listingcontractdate: 2025-12-28
  • listagenturl: https://www.georgela.com/
  • countyorparish: Los Angeles
  • parcelnumber: 5538-004-001
  • heating: Natural Gas
  • numberofunitstotal: 16
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 16
  • parkingfeatures: Assigned, Covered, Gated
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 1, Bathroom 10, Bedroom 7, Bathroom 11, Bedroom 6, Bathroom 12, Bedroom 14, Bedroom 4, Bathroom 8, Bathroom 6, Bedroom 2, Bedroom 11, Bathroom 4, Bathroom 13, Bedroom 12, Bedroom 8, Bathroom 16, Bathroom 3, Bedroom 9, Bedroom 16, Bedroom 3, Bedroom 5, Bathroom 7, Bathroom 2, Bedroom 1, Bedroom 15, Bathroom 15, Bathroom 9, Bedroom 10, Bathroom 14, Bathroom 5, Bedroom 13
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.29951, 34.08835
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"georgemorales@compass.com", "ListBrokerageCity":"Los Angeles", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass", "ListBrokeragePhone":null, "ListBrokeragePostalCode":"90212", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"9454 Wilshire Blvd. #400", "ListBrokerageWebsiteUrl":"https://www.compass.com/", "ListOfficeAddress1":"9454 Wilshire Blvd. Suite 400", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"X81461", "ListOfficeCity":"Beverly Hills", "ListOfficeCountry":"USA", "ListOfficeEmail":null, "ListOfficePostalCode":"90212", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Los Angeles, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/4956-Romaine-St-Apt-107_Los-Angeles_CA_90029_M26102-77247?f=listhub&s=CLAWCA&m=25631175&c=rexren", "MLSModificationTimestamp":"2026-04-13 20:42:30", "Neighborhoods":[{"Description":null, "Name":"Hollywood"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/14/2026 4:05:58 AM GMT
Source Updated Date: 4/14/2026 6:54:46 PM GMT

Courtesy of: George Morales, Compass, georgemorales@compass.com

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.