6037 Romaine Street

Los Angeles, CA 90038

$1,299,900
Price
4
Beds
3
Baths
2,008 Sq. Ft.
$647 / Sq. Ft.
2,008
Sq. Ft.
$647
per Sq. Ft.

Description

Major Value-Add Opportunity in Hollywood! Street to alley lot in an ideal location just west of Hollywood Forever and Paramount Studios. The spacious 6,507 SF lot is zoned LAR3 Tier 3 TOC providing excellent development potential! Situated in a prime location just moments from the Hollywood Walk of Fame to the north and Larchmont to the south. The property currently has three units, all currently in uninhabitable condition. Major value-add potential in renovating or starting from the ground up! Surrounded...

Property Details for 6037 Romaine Street

Zoning
LAR3
Year Built Numeric
1914

Property Details for 6037 Romaine Street

StatusActive
MLS #20-571410
Year Built1914
Compass TypeMulti Family
MLS TypeResidential Income
Lot Size0.15 AC / 6,507 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountyLos Angeles County

Listing Agent

David Berg

Compass

david.berg@compass.com

P: 310.500.3931

DRE #01481236

Contact Agent(s)

Location

Listing Courtesy of Compass, David Berg, DRE #01481236; Compass, F. Ron Smith, DRE #00961954

Listing Agents

  1. David Berg

    Listing Agent

    Compass

    DRE #01481236

    david.berg@compass.com

    P: 310.500.3931

  2. F. Ron Smith

    Alternative Listing Agent

    Compass

    DRE #00961954

    fron.smith@compass.com

    P: 310.569.4889

Building Information for 6037 Romaine Street

Stories-Residences-Year Built1914Building Size-Lot Size0.15 AC / 6,507 SF

Payment Calculator

$4,676 per month

30 year fixed, 3.51% Interest

Principal and Interest

$4,676

Property Taxes

HOA Dues

$0

Similar Homes

Property Information for 6037 Romaine Street

Summary
    Location and General Information
  • Cross Streets: Santa Monica Blvd and Romaine St
  • Directions: Off of Santa Monica Blvd between Gower St and Vine St
  • Year Built Source: Assessor
  • City: LOS ANGELES
  • Zip Code: 90038
  • County Or Parish: Los Angeles
  • Street Number Numeric: 6037
  • Street Name: Romaine
  • State: CA
    Parking
  • Garage Spaces Total: 1
  • Parking Garage: Garage - 1 Car, Uncovered
  • Open Other Spaces Total: 2
  • Total Parking: 3
Property
    Property and Assessments
  • Assessed Improvement Value: $119,795.00
  • Assessed Land Value: $311,980.00
  • Assessor Parcel Number: 5534-023-015
  • Advertising Remarks: Major Value-Add Opportunity in Hollywood! Street to alley lot in an ideal location just west of Hollywood Forever and Paramount Studios. The spacious 6,507 SF lot is zoned LAR3 Tier 3 TOC providing excellent development potential! Situated in a prime location just moments from the Hollywood Walk of Fame to the north and Larchmont to the south. The property currently has four units, all in distressed condition. Major value-add potential in renovating or starting from the ground up! Surrounded by LA's best shops and restaurants along Sunset Blvd, Santa Monica Blvd and Melrose Avenue. Convenient access to the 101 Freeway and Metro at the Vine station.
  • Disclosures: As Is, Lender Owned/REO
  • Property Condition: Repairs Major
  • Number Of Photos: 7
    Lot Information
  • Listing Area: Hollywood
  • Other Structures: Shed(s)
  • Service Level: Full Service
  • Living Area: 2008
  • Lot Size Area: 6507
Interior and Exterior Features
    Interior Features
  • Baths Total: 2.0
  • Cooling: None
  • Equipment: None
  • Heating: None
  • Number Of Stories: 0
  • Beds Total: 2
Multi Family
    Income & Expenses Information
  • Scheduled Actual: Actual
  • Financing: Cash
  • Gross Income: $0
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Total Annual Expense: 0
    Unit Information
  • Type Of Units: Residential
  • Unit Type Type: 2106, 2107, 2108
    Unit 1 Information
  • Unit Beds1: 1
  • Unit Baths1: 1
  • Unit Projected Rent1: $1,850.00
  • Unit Actual Rent1: $.00
  • Unit Furnished1: No
  • Like Units1: 1
  • Unit Rent1: $.00
    Unit 2 Information
  • Unit Projected Rent2: $1,850.00
  • Unit Furnished2: No
  • Like Units2: 1
  • Unit Rent2: $.00
  • Unit Beds2: 1
  • Unit Baths2: 1
  • Unit Actual Rent2: $.00
    Unit 3 Information
  • Unit Beds3: 2
  • Unit Baths3: 1
  • Unit Actual Rent3: $.00
  • Like Units3: 1
  • Unit Projected Rent3: $2,100.00
  • Unit Rent3: $.00
  • Unit Furnished3: No
Rental
    Rental Information
  • Vacancy Rate: 100
  • Gross Rent Multiplier: $.00
  • Number Of Buildings: 2
  • Number Of Units: 3
  • Rent Control: 100

Property History for 6037 Romaine St

DateEvent & SourcePriceAppreciation
Jun 19, 2020

Price Change

CLAW #20-570690

$1,299,900
Jun 19, 2020

Price Change

CLAW #20-571410

$1,299,900
May 14, 2020

Price Change

CLAW #20-571410

$1,374,500
DateEvent & SourcePrice
06/19/2020

Price Change

CLAW #20-570690

$1,299,900
06/19/2020

Price Change

CLAW #20-571410

$1,299,900
05/14/2020

Price Change

CLAW #20-571410

$1,374,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6037 Romaine Street

Taxable ValueLand$1,000,000Additions$249,000Total$1,249,000
Tax Record2019$15,121
Home Facts
Beds2Total Finished SqFt2,008 SqFtAbove Grade Finished SqFt2,008 SqFtLot Size6,507 SqFtStyleQuadraplexYear Built1914ZoningLAR3CountyLOS ANGELESAPN5534023015

Schools near 6037 Romaine Street

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Vine Street Elementary SchoolPublicK-60.2 mi
2
Hollywood Primary CenterPublicK-30.3 mi
5
T.C.A. Arshag Dickranian SchoolPrivateK-120.4 mi
NR
Christ The King Elementary SchoolPrivateK-80.5 mi
NR

Vine Street Elementary School

K-6, 0.2 mi, Public

2

Hollywood Primary Center

K-3, 0.3 mi, Public

5

T.C.A. Arshag Dickranian School

K-12, 0.4 mi, Private

NR

Christ The King Elementary School

K-8, 0.5 mi, Private

NR

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

6037 Romaine Street is a multi-family home for sale in Los Angeles, CA 90038. This property was listed for sale on April 17, 2020 by Compass at $1,299,900. It has been on the market for a total of 88 days and was last sold on September 21, 2018. This listing's school district is Los Angeles Unified School District. Nearby schools include Teach Academy Of Technologies, Math, Science, & Technology Magnet Academy At Roosevelt High and Humanitas Academy Of Art And Technology At Esteban E. Torres High No. 4. 6037 Romaine Street is a 4-bed, 3-bath, 2,008 sqft multi-family home built in 1914. This address can also be written as 6037 Romaine St.

All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.

Listing Courtesy of Compass, David Berg, DRE #01481236; Compass, F. Ron Smith, DRE #00961954

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