6037 Romaine Street

Los Angeles, CA 90038

$1,030,000
Last Sold Price
4
Beds
3
Baths
2,008 Sq. Ft.
$513 / Sq. Ft.
2,008
Sq. Ft.
$513
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 (buyer to verify)! 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...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 (buyer to verify)! 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 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.

Listing Agents

  1. Smith & Berg Partners

    Smith & Berg Partners

    Listing Agent

    Compass

    DRE #01481236

    smithandberg@compass.com

    P: (310) 500-3931

  2. F. Ron Smith

    F. Ron Smith

    Alternative Listing Agent

    Compass

    DRE #00961954

    fron.smith@compass.com

    P: 310.500.3931

Property Details for 6037 Romaine Street

Zoning
LAR3
Cross Streets
Santa Monica Blvd and Romaine St
Parcel Number
5534023015
Total Units
3.0
Living Area
2008
Source Living Area
Assessor
Area
Hollywood (C20)
Vacancy Rate
100

Location

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

Sold By Keller Williams Larchmont, Shaya Lowenstein, DRE #01942326

Add your commute
LISTING UPDATED: 10/23/2020 05:07 PM

Property Details for 6037 Romaine Street

StatusSold
MLS #20-607610
Days on Market94
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1914
Lot Size0.15 AC / 6,507 SF
CountyLos Angeles County

Location

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

Sold By Keller Williams Larchmont, Shaya Lowenstein, DRE #01942326

Add your commute

Building Information for 6037 Romaine Street

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

Payment Calculator

$6,732 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,621

Property Taxes

$1,111

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6037 Romaine Street

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Residential
  • View: Yes
  • View Description: Any
  • Property Condition: Repairs Major
Contract Info
Contract Info
  • Financing: Cash
  • Disclosures: As Is, Lender Owned/REO
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 6507
Parking Details
Parking Details
  • Parking Garage: Garage - 1 Car, Uncovered
  • Total Parking: 3
  • Open Other Spaces Total: 2
  • Garage Spaces Total: 1
  • Parking Features: Garage - Single Door, Uncovered
Interior Features
Interior Features
  • Cooling Type: None
  • Heating Type: None
  • Equipment: None
Exterior Features
Exterior Features
  • Other Structures: Shed(s)
Lease Terms
Lease Terms
  • Entry Date: 07-21-2020
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,850.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,850.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $119,795.00
  • Assessed Land Value: $311,980.00

Property History for 6037 Romaine Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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$1,040,400Additions$31,212Total$1,071,612
Tax Record2023$13,329 ($1,111 / month)
Home Facts
Total Finished SqFt2,008 SqFtAbove Grade Finished SqFt2,008 SqFtLot Size6,507 SqFtStyleQuadraplexYear Built1914ZoningLAR3CountyLOS ANGELESAPN5534-023-015

Schools near 6037 Romaine Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Hollywood Elementary
PublicK to 5

Vine Street Elementary School
PublicK to 6

Hubert Howe Bancroft Middle School
Public6 to 8

Fairfax Senior High School
Public9 to 12

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 Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.