5164 Romaine Street new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90029
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,602 sqft
Price per Sqft $390
MLS Listing ID TR25246513
Style Cottage,Craftsman,Craftsman/Bungalow
Bedrooms 8
Full Baths 2
Year Built 1910
Lot Size 2,762 Sqft
Property Sub-Type Detached
Property Description
MAJOR FIXER ALERT!! Calling all investors, developers, and savvy homebuyers check out this INCREDIBLE Hollywood opportunity! Welcome to 5164 Romaine, a fantastic fixer and rehab project located in the heart of Hollywood. This complete fixer is ready to be reimagined and brought back to life! Create your DREAM HOME, execute a FIX-and-FLIP, transform it into an Airbnb/VACATION RENTAL, or hold as a RENTAL INVESTMENT for your portfoliothe possibilities are endless. Nearby homes are consistently selling for $1.1M+, offering significant upside potential. The property even features your very own abundant fruit orchard with mature Persimmon, Guava, and Avocado trees already bearing fruit for future owners. Zoning: LAR3, TOC Tier 2. The existing layout features 8 bedrooms and 2 baths (see current floor plan). However, architectural plans have already been completed and city-approved to convert the property into a 3BD / 2BA main house plus a 1BD / 1BA ADUtwo separate units, which may be ideal for multi-generational living, dual rental income-producing investment units, or a live-in-one, rent-the-other strategy. Also, it offers EXCEPTIONAL potential for Airbnb or short-term vacation rentals near Hollywoods most DESIRABLE tourist destinations, as well as other multiple development possibilities. The time-consuming, hard part is already DONE! Architectural and city-approved plans have been COMPLETED, including pulled permits, mean this project is effectively shovel ready. FOR YOUR BENEFIT, instantly save months of time and thousands in architectural fees, holding costs, work completed,
Location
State CA
County Los Angeles
Interior
Laundry Electric,Washer Hookup
Exterior
Garage Spaces 2.0
Fence Chain Link
Utilities Available Electricity Available,Natural Gas Available,Sewer Available,Water Available
View Y/N Yes
View Landmark,City Lights
Roof Type Composition,Shingle
Building
Story 1
Sewer Public Sewer
Water Public
Others
Special Listing Condition Standard
Virtual Tour https://tour.panoee.net/68e5a5705da4730c0895058d/68e5a5f05da473320895059a