6132 Romaine St 0.45 Acres of Residential Land Offered at $5,900,000 in Los Angeles, CA 90038

Rare Hollywood R4 Development Opportunity | 3 Contiguous Lots – 48 Units By-Right Exceptional opportunity to acquire three contiguous parcels totaling approximately 0.45 acres (19,539 SF) in the heart of Hollywood. Located at 6132–6140 Romaine Street, the property is zoned R4 (High Density Residential), allowing for up to 48 units by-right, ideal for multifamily developers seeking scale in a supply constrained infill market. The site features level topography, approximately 50 feet of frontage on Romaine Street, and full utility access including water, sewer, electricity, gas, and telecommunications. The assemblage consists of APNs 5534-026-007, 008, and 009. Strategically positioned near major employment and entertainment hubs including Paramount Studios, Netflix Studios, Capitol Records, and the Department of Water and Power, the property benefits from strong rental demand drivers and long-term growth fundamentals. The location also offers convenient access to the Hollywood/Vine Metro Station (approximately a 20-minute walk) and is within close proximity to major freeways and regional transit. With a highly walkable (80/100) and transit-friendly (70/100) location, this site is well-suited for a high-density residential development in one of Los Angeles’ most dynamic submarkets.