$2,495,000
-$105,0004956 Romaine Street, Los Angeles CA 90029
Multi-Family (16 Units)
Property type
159 days
On market
$220
Price per sqft
N/A
Garage
1964
Year built
9,902 sqft
Lot size
Open Houses
Overview
BACK ON MARKET - Buyer didn't perform. 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...
Listing provided by: George Morales DRE #01984555 323-578-8423, Compass, Sam Shakerchi DRE #01868195 310-525-0872, Compass
Listing updated: May 27, 2026 at 10:43pm.
Last checked: Jun 3, 2026 at 02:30pm
Source: CRMLS #25631175
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 16 | 1 | 1 | — | $0 | $0 | $0 | Unfurnished |
# of Buildings: 16
# of Units Total: 16
Rent Control: Yes
Financial Snapshot
Cap Rate
6.4%
NOI / List Price
Net Operating Income: $162,493
Interior
Cooling: None
Exterior
Stories Total: 2
Levels: Two
Garage and Parking
Parking: Assigned, Covered, Gated
Parking Total: 16
Lot Information
Land Lease: No
Parcel #: 5538004001
Zoning: LARD1.5
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 4956 Romaine Street, Los Angeles, CA 90029. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,996,000
Total Interest
$2,545,788
Total Payment
$4,541,788
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$15,365
per month
Property History for 4956 Romaine Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90029.
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