6123 Romaine St
Los Angeles, CA 90038
Multifamily Property For Sale
·
1 Unit
Property Facts
| No. Units | 1 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 6,658 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1958 |
| Building Class | C | Parking Ratio | 1.05/1,000 SF |
| Zoning | R4-2, Los Angeles | ||
| No. Units | 1 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 6,658 SF |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.05/1,000 SF |
| Zoning | R4-2, Los Angeles |
Amenities
Site Amenities
- Laundry Facilities
About 6123 ROMAINE ST , LOS ANGELES, CA 90038
PRICE REDUCED! ATTENTION INVESTORS! Don't miss this opportunity to get in on the Hollywood Renaissance! Invest in the hip and gentrifying Central Hollywood location! 10 unit midcentury fully occupied apartment building steps from the emerging Vine Street corridor. Close to Metro Red Line. City of LA TOC incentives may apply! This property is located within the Designated Opportunity Zone, with tax deferral and step up basis incentives. Strong Upside Rental Potential! 9 units are spacious 1 bed, 1 bath with living room and kitchen. 1 Unit has bonus room. 1 Unit 2 bedroom and 2 bath. Well maintained property with good tenants. 100% below market rents under LA Rent Stabilization and Section 8. Very quiet street close to everything Hollywood has to offer. Studios, Metro, Restaurants, and more! 4 covered parking spaces, 2-3 driveway tandem. Laundry Room. Buyer to independently verify. Buyer to cooperate with Sellers 1031.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 1 | $14,580 | - |
Property Taxes
| Parcel Number | 5534-024-019 | Improvements Assessment | $319,342 |
| Land Assessment | $127,722 | Total Assessment | $447,064 |
Property Taxes
