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 CRTR25246513
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 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
Cooling None
Fireplaces Type None
Laundry Other,Electric
Exterior
Garage Spaces 2.0
Pool None
View City Lights,Other
Building
Lot Description Other,Street Light(s)
Story 1
Water Public
Schools
School District Los Angeles Unified