West Hollywood, CA 90046 7949 Romaine Street

7949 Romaine Street West Hollywood, CA - Image 17949 Romaine Street West Hollywood, CA - Image 27949 Romaine Street West Hollywood, CA - Image 3
1 more
7949 Romaine Street West Hollywood, CA - Image 47949 Romaine Street West Hollywood, CA - Image 5
  • MLS# 21103833
  • 11/09/2021
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Presented By: Kenny Stevens with Compass - 310-968-7005
  • Beds • 14
  • Baths • 12
  • SQFT • 9,592
  • Year Built • 1955

Home Details

7949 Romaine Street, a 12-unit value-add investment property located in one of the trendiest neighborhoods of West Hollywood. Located 1 block south of Santa Monica Boulevard, the property is adjacent to some of the most popular shopping, dining and nightlife destinations along Santa Monica Blvd. and Fairfax Ave. Built in 1955, the 9,592 SF two-story building is comprised of (2) 2-bdrm. and 1-bath units and (10) one-bdrm. and one-bath units. Please note, 2 units will be delivered vacant upon COE. These bright and spacious units average approx. 800 SF. Additionally, the units present a significant value-add opportunity to investors, as current rents are approx. 90% below market value for nicely remodeled units in the area. 7949 Romaine Street allows investors to acquire a phenomenal multifamily building in a prime location of one of LA's hottest rental markets, while having substantial financial upside.
Presented By: Kenny Stevens with Compass - 310-968-7005

Interior Features for 7949 Romaine Street

Bathrooms

Total Baths0

Other Interior Features

Heating Y/NYes
Laundry FeaturesCommon Area

General for 7949 Romaine Street

Co-Listing AgentBradley Luster - BRE#00913803
Co-Listing Agent State License #00913803
HOA Fee$0
HeatingWall Furnace
Listing AgentKenny Stevens - BRE#01090251
Listing Agent State License01090251
Lot Size Square Feet6202
MLS AreaC10 - West Hollywood Vicinity
Pool FeaturesNone
Private PoolNo
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
StatusActive
Total Units12
ViewNone
Virtual TourClick here
ZoningWDR3C*

Exterior for 7949 Romaine Street

Lot Size Acres0.14
Lot Size Area6202
Lot Size SourceOther
Lot Size UnitsSquare Feet
Number of Buildings1
Parking FeaturesCovered, Gated
Total Parking8
View Y/NNo

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $3,890,000
MLS#21103833
List Date 11/09/2021
Property Type Income
Phone 310.658.1749
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