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    5150 Romaine St

    Los Angeles, CA 90029
    • $1,199,900
    • STATUS: Active
    • ON SITE: 93 days
    • ID#: 20-664472
    Price Reduced
    UPDATED: 26 min ago
    $1,199,900
    • 6
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,560
      SQFT
    • $469
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:
    Area:

    School Ratings & Info

    Description

    This beautifully redone duplex is perfect for someone looking for a turnkey property that can generate solid market rents. Live in one and have your mortgage offset, or rent both out and let the tenants buy the building for you. The property will be delivered vacant, allowing the new owner to choose tenants and take advantage of strong rents in the area, projected at $3900 per unit ($7,900 total). Each unit features 3 bedrooms and 2 bathrooms, in a side-by-side townhouse configuration. Both units have recently been completely redone in a contemporary style with plenty of original character. Ample parking, private outdoor spaces for both units, and in-unit laundry make these perfect for families or professionals who need a home office. Charming, stylish, and spacious with a great location close to everything Hollywood has to offer. Minutes to hiking in Runyon Canyon or Griffith Park!

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-08T18:42:54.757. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.lydiagable.com/homes/112385749
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    5150 Romaine St Los Angeles, CA 90029

    • Price: $1,199,900
    • Status: Active
    • Updated: 26 min ago
    • ID#: 20-664472
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    2,560
    SQFT
    $469
    $/SQFT
    1924
    Built
    Neighborhood:
    Hollywood
    County:
    Los Angeles
    Area:
    Hollywood
    Property Description
    This beautifully redone duplex is perfect for someone looking for a turnkey property that can generate solid market rents. Live in one and have your mortgage offset, or rent both out and let the tenants buy the building for you. The property will be delivered vacant, allowing the new owner to choose tenants and take advantage of strong rents in the area, projected at $3900 per unit ($7,900 total). Each unit features 3 bedrooms and 2 bathrooms, in a side-by-side townhouse configuration. Both units have recently been completely redone in a contemporary style with plenty of original character. Ample parking, private outdoor spaces for both units, and in-unit laundry make these perfect for families or professionals who need a home office. Charming, stylish, and spacious with a great location close to everything Hollywood has to offer. Minutes to hiking in Runyon Canyon or Griffith Park!
    Exterior Features

    Direction Faces North Exterior Construction Hard Coat Garage Structures Total 1 Levels Two Lot Size Area 2670 Other Structures None Parking Garage Driveway Patio Features Patio Open Pool Description None Pool YN No Roof Tar And Gravel Spa None Spa YN No Style Traditional Tennis Court None Tennis YN No Total Parking 2 View Description None View YN No Water Frontage None

    Interior Features

    Bathroom Features Shower StallShower And Tub Baths Total 4.00 Bedroom Features 2 Master BedroomsAll Bedrooms Up Common Walls Attached Cooking Appliances Free Standing GasMicrowaveCooktop - GasOven-Gas Cooling ElectricRoom Refrig AirOther Equipment Alarm SystemDishwasherElectric Dryer HookupMicrowaveGarbage DisposalDryerWasherRefrigeratorRange/OvenPortable Dishwasher Fireplace Rooms DiningLiving RoomKitchenBathMaster BedroomPatio Flooring Hardwood Heating Floor Furnace Interior Features Furnished Kitchen Features Remodeled Laundry Laundry Area Laundry Equipment Own Water Heater Features GasWater Heater Unit Windows Double Pane Windows

    Property Features

    ADACompliance Yes Alley YN No Amenities None Assessed Total Value 637682 Association Fees Include Alarm System Gross Income 96000 Gross Operating Income 96000 Like Units1 1 Like Units2 1 Net Operating Income 0.00 Number Of Buildings 1 Number Of Units 2 Property Condition Updated/Remodeled Sale Type Standard Security Features Prewired For Alarm SystemCarbon Monoxide Detector(S)Leased Sewer In Connected And Paid Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 0 Type Of Units Duplex Water Meter On Property Water Heaters YN Yes Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Rod Watson DRE#01891044 of Keller Williams Beverly Hills.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-08T18:42:54.757. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377