Los Angeles, CA 90029,5164 Romaine Street
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Los Angeles, CA 90029,5164 Romaine Street
Los Angeles, CA 90029,5164 Romaine Street
Los Angeles, CA 90029,5164 Romaine Street
Los Angeles, CA 90029,5164 Romaine Street
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$ 625,000
Est. payment /mo
Active Under Contract

5164 Romaine Street Los Angeles, CA 90029

8 Beds

2 Baths

1,602 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,602 sqft

Price per Sqft $390

MLS Listing ID CRTR25246513

Bedrooms 8

Full Baths 2

HOA Y/N No

Year Built 1910

Lot Size 2,762 Sqft

Acres 0.0634

Property Sub-Type Single Family Residence

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 portfolio-the 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 ADU-two 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 Hollywood's most DESIRABLE tourist destinations, as well as other multiple development possi

Location

State CA

County Los Angeles

Interior

Interior Features Family Room, In-Law Floorplan, Office, Storage, Pantry

Cooling None

Fireplaces Type None

Fireplace No

Window Features Skylight(s)

Laundry Other, Electric

Exterior

Exterior Feature Other

Garage Spaces 2.0

Pool None

Utilities Available Natural Gas Available

View Y/N true

View City Lights, Other

Handicap Access Other

Total Parking Spaces 2

Private Pool false

Building

Lot Description Other, Street Light(s)

Story 1

Architectural Style Bungalow, Cottage, Craftsman, Mid Century Modern

Level or Stories One Story

New Construction No

Schools

School District Los Angeles Unified

Others

Tax ID 5537023020

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


Bridge MLS
Listed by Jonathan Minerick • Homecoin.com
Sandra Lucas

Sandra Lucas

Broker Associate | License ID: 01496944

+1(925) 464-8400

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5164 Romaine Street