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4956 Romaine St
Los Angeles CA 90029 US

$3,050,000

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

$3,050,000

Active Listing ID 25631175
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4956 Romaine St Prime Hollywood investment opportunity featuring 16 one-bedroom, one-bathroom units, each with its own assigned parking space. Offered at $3, 050, 000 (approximately $190, 625 per unit), this well-maintained asset delivers strong in-place income with a cap rate of approximately 6.1% 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: 3050000
  • 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 TheMLSCLAW. 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: Covered, Gated, Assigned
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 2, Bedroom 10, Bathroom 4, Bedroom 1, Bedroom 4, Bedroom 9, Bedroom 11, Bathroom 15, Bathroom 11, Bedroom 8, Bathroom 9, Bathroom 13, Bathroom 1, Bathroom 16, Bedroom 13, Bathroom 7, Bedroom 12, Bathroom 14, Bedroom 6, Bathroom 12, Bathroom 3, Bathroom 10, Bedroom 5, Bedroom 14, Bedroom 15, Bedroom 16, Bathroom 5, Bathroom 6, Bathroom 8, Bedroom 3, Bathroom 2, Bedroom 7
  • 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":"2026-01-05 00:01:00", "Neighborhoods":[{"Description":null, "Name":"Hollywood"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/5/2026 1:40:39 PM GMT
Source Updated Date: 1/11/2026 6:50:56 AM GMT

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

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