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4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
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$2,600,000

4956 Romaine Street, Los Angeles, CA, 90029

ActiveUnderContract
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4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
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Save
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
4956 Romaine Street, Los Angeles, CA, 90029
Listing Agent: George Morales
Listing Office: Compass
Attribution contact: 323-578-8423

Information

Price: $2,600,000
Days On Market: 89
Year Build: 1964
MLS ID: 25631227
Status: ActiveUnderContract

Details

Address: 4956 Romaine Street
County: Los Angeles
City: Los Angeles
Zip: 90029
State: California

Description

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.

Location

Listed By

Listing Agent

George Morales

georgemorales@compass.com
323-578-8423
Compass
Co-Listing Agent

Sam Shakerchi

Compass

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The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 17th April, 2026 8:15 PM (UTC)