7617 Romaine Street

West Hollywood, CA 90046

$1,580,000
Last Sold Price
5
Beds
4
Baths
3,119 Sq. Ft.
$507 / Sq. Ft.
3,119
Sq. Ft.
$507
per Sq. Ft.

Description

Ideal opportunity for developer or end user! The property consists of a duplex one bed and one bath each totaling 1212 sq ft. Additionally there is a single family home which is approx 1900 sq ft and consists of 3 bedroom and 2 baths. The home is in its original state so it needs some love and one of the duplexes has been nicely renovated. City of West Hollywood is under Rent Stabilization Ordinance (rent control). There are three addresses : 1000 N Stanley (SFR) and 7617-7619 Romaine (Duplex).Ideal opportunity for developer or end user! The property consists of a duplex one bed and one bath each totaling 1212 sq ft. Additionally there is a single family home which is approx 1900 sq ft and consists of 3 bedroom and 2 baths. The home is in its original state so it needs some love and one of the duplexes has been nicely renovated. City of West Hollywood is under Rent Stabilization Ordinance (rent control). There are three addresses : 1000 N Stanley (SFR) and 7617-7619 Romaine (Duplex).
  1. Listed by Jane Schore • DRE #00980877 • Brokerage DRE #01464847 • Coldwell Banker Realty
  2. Listed by Vincent Bouvier • DRE #02062764 • Brokerage DRE #01883938 • Douglas Elliman

Property Details for 7617 Romaine Street

Water Front
None
Zoning
WDR3C*
Style
California Bungalow
Accessibility Features
None
Parcel Number
5530017028
Total Units
3.0
Living Area
3119
Source Living Area
Assessor

Location

Listing Courtesy of Coldwell Banker Realty, Jane Schore, DRE #00980877; Douglas Elliman, Vincent Bouvier, DRE #02062764

Sold By Elite Realty and Mortgage, Snezhana Kuchiersky, DRE #01871860

Add your commute
LISTING UPDATED: 02/20/2024 03:54 PM

Property Details for 7617 Romaine Street

StatusSold
MLS #21-707530
Days on Market348
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1954
Lot Size0.15 AC / 6,415 SF
CountyLos Angeles County

Location

Listing Courtesy of Coldwell Banker Realty, Jane Schore, DRE #00980877; Douglas Elliman, Vincent Bouvier, DRE #02062764

Sold By Elite Realty and Mortgage, Snezhana Kuchiersky, DRE #01871860

Add your commute

Building Information for 7617 Romaine Street

Stories-Residences-Year Built1954Building Size-Lot Size0.15 AC / 6,415 SF

Payment Calculator

$10,374 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,623

Property Taxes

$1,751

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7617 Romaine Street

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Triplex
  • View: No
  • View Description: None
  • View: None
  • Security Features: None
  • Direction Faces: West
  • Property Condition: Fixer
  • Water: Public
  • Sewer: In Street
  • Water Heaters: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan
  • Disclosures: As Is, Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $62,161
  • Net Operating Income: $53,920.00
  • Gross Income: $62,161
  • Cap Rate: 3.17%
  • Gross Rent Multiplier: $27.30
  • Actual Annual Gross Rent: $62,161.00
  • Total Annual Expense: 8241.35
  • Expense Pest: $804.00
  • Tax Expense: $3,031
  • Gardener Expense: $1,200
  • Insurance Expense: $3,206
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Additional Parcel Number: No
  • Lot Acreage: 0.1473
  • Lot Size Square Feet: 6415
  • Lot Location: Flats
Parking Details
Parking Details
  • Parking Garage: Detached
  • Total Parking: 2
  • Open Other Spaces Total: 2
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: Two
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling Type: Wall Unit(s)
  • Heating Type: Wall Gas
  • Flooring: Carpet, Tile, Mixed
  • Equipment: Ceiling Fan, Washer, Dryer
  • Interior Features: Ceiling Fan(s)
  • Kitchen Features: Ceramic Counters
  • Room Bathroom Features: Shower in Tub
  • Bathroom Features: Shower and Tub
  • Cooking Appliances: Cooktop - Gas
  • Laundry: Community
  • Disability Access: None
Exterior Features
Exterior Features
  • Patio Features: None
  • Entry Location: Ground Level w/steps
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 03-19-2021
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Gas, Cable TV, Electricity, Trash Collection, ADA Upgrades
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $756.27
  • Unit Actual Rent: $756.27
  • Unit Projected Rent: $756.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,750.00
  • Unit Actual Rent: $1,750.00
  • Unit Projected Rent: $1,750.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,673.90
  • Unit Actual Rent: $2,673.90
  • Unit Projected Rent: $2,674.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $56,236.00
  • Assessed Improvement Percent: 45.88
  • Assessed Land Value: $66,340.00
  • Assessed Land Percent: 54.12
  • Assessed Total Value: $122,576.00

Property History for 7617 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 7617 Romaine Street

Taxable ValueLand$1,428,000Additions$183,600Total$1,611,600
Tax Record2023$21,009 ($1,751 / month)
Home Facts
Total Finished SqFt3,119 SqFtAbove Grade Finished SqFt3,119 SqFtLot Size6,415 SqFtStyleTriplexYear Built1954ZoningWDR3C*CountyLOS ANGELESAPN5530-017-028

Schools near 7617 Romaine Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 7 to 12
Public - 9 to 12
Rating
School
Distance
Laurel Elementary School
PublicK to 8

Fairfax Senior High School
Public9 to 12

West Hollywood Opportunity School
Public7 to 12

Whitman Continuation 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 Coldwell Banker Realty, Jane Schore, DRE #00980877; Douglas Elliman, Vincent Bouvier, DRE #02062764

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.