4956 Romaine Street, Los Angeles, CA 90029
4956 Romaine Street, Los Angeles, CA 90029
4956 Romaine Street, Los Angeles, CA 90029
23
See all 23 photos
$2,495,000
Save
11,326 SqFt
Pending

4956 Romaine Street Los Angeles, CA 90029

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

UPDATED:

Key Details

Property Type Commercial

Sub Type Comm Ind For Lease

Listing Status Pending

Purchase Type For Rent

Square Footage 11,326 sqft

MLS Listing ID CL25631227

HOA Y/N No

Year Built 1964

Lot Size 9,902 Sqft

Acres 0.2273

Property Sub-Type Comm Ind For Lease

Property 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

State CA

County Los Angeles

Zoning LARD1.5

Interior

Fireplace No

Exterior

Total Parking Spaces 16

Building

New Construction No

Others

Tax ID 5538004001

Bridge MLS
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by George Morales • Compass

A FEW WORDS FROM PAST CLIENTS

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Corcoran Icon Properties, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

4956 Romaine Street

QUICK SEARCH - SEE ALL HOMES