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$625,000

Est. payment - /mo

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8 Beds

2 Baths

1,602 SqFt

New

5164 Romaine Street Los Angeles, CA 90029

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Kurt Wannebo

kurt@wanneboreg.com +1(858) 405-5878

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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

Direction via US-101 N, Get on US-101 N from Kent St and N Rampart Blvd, Follow US-101 N to Santa Monica Blvd. Take exit 7 from US-101 N, Continue on Santa Monica Blvd. Take N Kingsley Dr to Romaine St

Interior

Interior Features Pantry, Unfurnished

Fireplace No

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

Water Access Desc Public

View Landmark, City Lights

Roof Type Composition,Shingle

Accessibility Parking

Porch Brick

Total Parking Spaces 2

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Tax ID 5537023020

Special Listing Condition Standard

Virtual Tour https://tour.panoee.net/68e5a5705da4730c0895058d/68e5a5f05da473320895059a

Listed by Jonathan Minerick Homecoin.com

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Kurt Wannebo

Broker Associate | CA Dre# 01468255

+1(858) 405-5878

5164 Romaine Street Los Angeles, CA 90029

Kurt Wannebo

Key Details

Location

Interior

Exterior

Building

Others

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5164 Romaine Street