$3,999,999 USD
310-575-2690
5436 Romaine St
Los Angeles, CA 90038
East Hollywood
HIGHLIGHTS
- Located in an Qualified Opportunity Zone, which offers significant tax benefits(buyers to consult and verify with their CPA)
- Projected 6.84% Cap rate with a price per sq foot of $423, significally lower than comps and replacement costs
- Brand New Construction 2025, Non Rent Control-Massive units with big bedrooms and open floor plan with tons of natural light
- Close to Larchmont, Los Feliz, Silverlake, Netflix and Paramount Studios, very central location for Renters
FOR SALE DETAILS
PRICE
$3,999,999 USD
PRICE/SF
$424 USD /SF
# OF UNITS
5
PRICE/UNIT
$800,000
CAP RATE
6.84%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
5436 Romaine
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
2025
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.16 AC
LAND SF
7,000 SF
ZONING
LAR3
APN/PARCEL ID
5535-006-019
ASK ABOUT THIS PROPERTY
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310-575-2690
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310-575-2690
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