6127 Romaine St
LOS ANGELES, CA 90038

Property

Ownership: For Sale
Bedrooms: 6 BR
Bathrooms: 8
Area: 6505 sq ft
Lot Size: 0.2 Acres

Financials

Price:$2,395,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Miller & Desatnik Realty Co.

6127 Romaine St 6BR Hollywood La

Description

We are pleased to present 6127 Romaine Street, an 8-unit, pride-of-ownership multifamily asset located in the heart of Hollywood. This boutique, professionally managed 1950s-era property offers investors the opportunity to acquire an asset with strong in-place rents as well as value-add potential. Select capital improvements have been completed, inclusive of unit renovations to the majority of units, updates to the electrical, and new windows throughout. There are individual water heaters and ratio utility billing, so the property is running very efficiently. Located in a walkable, high-demand pocket of Hollywood, 753 N Hudson Avenue is surrounded by several newer Class A multifamily, mixed-use developments, and entertainment-industry hubs such as studios and post-production facilities. The asset offers a lower-cost alternative to nearby luxury buildings while delivering comparable unit finishes, appealing to quality-conscious tenants at more accessible rents. Professionally managed throughout the seller's ownership, this property stands out as a smooth operating, income-producing investment with room for rental growth making it an ideal acquisition for investors seeking both cash flow and appreciation in one of Los Angeles' most dynamic rental submarkets.

Neighborhood

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CLAW

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.