# 4956 Romaine St, Los Angeles, CA 90029

> **TL;DR:** 16bd/16ba residential multi family, $2,600,000 ($230/sqft), built 1964, 11,326 sqft. Est. $11,267/mo. Listed 108 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,600,000 |
| Price/sqft | $230 |
| Bedrooms | 16 |
| Bathrooms | 1 full |
| Square Feet | 11,326 |
| Year Built | 1964 |
| Lot Size | 9,901 sqft (0.23 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 108 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $11,267 |
| **Total** | **$11,267** |

## Property Highlights

- Built in 1964
- 0.23 acre lot
- 2 stories
- 16 parking spaces

## Description

### Agent Description
BACK ON MARKET - Buyer didn't perform. Prime Hollywood investment opportunity featuring 16 one-bedroom, one-bathroom units, each with its own assigned parking space. Offered at $2,600,000 (approximately $162,500 per unit), this well-maintained asset delivers strong in-place income with a cap rate of approximately 6.25% and immediate upside. One vacant unit allows a new owner to lease at market and increase cash flow from day one, with additional upside through rent growth and operational improvements. The excellent unit mix, favorable parking ratio, and sought-after Hollywood location make this a compelling opportunity for both value-add and long-term investors.

## Location

- **Address:** 4956 Romaine St, Los Angeles, CA 90029
- **County:** Los Angeles
- **Coordinates:** 34.088348, -118.29951
- **Google Maps:** https://www.google.com/maps?q=34.088348,-118.29951

## Listing Agent

- **Name:** George Morales
- **Brokerage:** Compass
- **Phone:** 3235788423
- **Email:** georgemorales@compass.com

## Primary Photo

![4956 Romaine St - Primary Photo](http://lh.rdcpix.com/008bc4a57534fbd8daaef2246520b317l-f3925758789r.jpg)

*25 total photos available on [listing page](https://www.propertysimple.com/listing/4956-romaine-st-los-angeles-ca-90029-25631175)*

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**MLS#:** 25631175 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/4956-romaine-st-los-angeles-ca-90029-25631175)

---

## Structured Data

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  "@type": "RealEstateListing",
  "name": "4956 Romaine St, Los Angeles, CA 90029",
  "description": "BACK ON MARKET - Buyer didn't perform. Prime Hollywood investment opportunity featuring 16 one-bedroom, one-bathroom units, each with its own assigned parking space. Offered at $2,600,000 (approximately $162,500 per unit), this well-maintained asset delivers strong in-place income with a cap rate of approximately 6.25% and immediate upside. One vacant unit allows a new owner to lease at market and increase cash flow from day one, with additional upside through rent growth and operational improve",
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```