Property Detail

4956 Romaine

Los Angeles CA 90029

$3,050,000

Status: Active

Property Details

Description

Prime Hollywood investment opportunity featuring 16 one-bedroom, one-bathroom units, each with its own assigned parking space. Offered at $3,050,000 (approximately $190,625 per unit), this well-maintained asset delivers strong in-place income with immediate upside. One vacant unit allows a new owner to quickly lease at market and increase cash flow from day one. The excellent unit mix, favorable parking ratio, and sought-after Hollywood location make this a compelling opportunity for value-add and long-term investors.

Map Location

Listing provided courtesy of George Morales of Compass. Last updated 2025-12-29 09:11:23.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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