8214 Romaine Street

West Hollywood, CA 90046

$2,450,000
Last Sold Price
6
Beds
4
Baths
5,386 Sq. Ft.
$455 / Sq. Ft.
5,386
Sq. Ft.
$455
per Sq. Ft.

Description

This 1926 architectural beauty sits majestically on the corner of N La Jolla and Romaine Street in West Hollywood. The property consists of two buildings. The front facing building on N La Jolla (addresses 950 and 952 N La Jolla) consists of two 2 bedroom units with identical floorplans, one on the 1st floor and one on the 2nd floor. These units feel spacious with approximately 1,100 sq feet of living space. They each have a living room, dining room, and office. There is a laundry room off the kitchen,...This 1926 architectural beauty sits majestically on the corner of N La Jolla and Romaine Street in West Hollywood. The property consists of two buildings. The front facing building on N La Jolla (addresses 950 and 952 N La Jolla) consists of two 2 bedroom units with identical floorplans, one on the 1st floor and one on the 2nd floor. These units feel spacious with approximately 1,100 sq feet of living space. They each have a living room, dining room, and office. There is a laundry room off the kitchen, and two bedrooms that share a full bathroom. These units have hardwood floors, high cove ceilings, a ton of windows, balconies and outdoor spaces. The back building, which faces Romaine Street, houses four 1 car garages (only one of which is included in a lease). Above the garages are two 1 bedroom units (8214 and 8216 Romaine St) that share only one wall. With approximately 850 sq ft, these units offer spacious living with an eat-in kitchen, and large living room and bedroom. These units also have hardwood floors and high ceilings. Lots of windows bring in great light. The back building has a storage room and “workshop” on the 1st floor that are currently being used by the owners. Between the buildings is a courtyard area shared by the tenants. All units are registered with West Hollywood RSO. This property offers immediate upside income potential; one of the 1 bedroom units is waiting to be remodeled and put on the market at current rents. This is an amazing opportunity to own an investment property in a great area of West Hollywood close to shops and restaurants.
  1. Listed by Amy Cimetta • DRE #01774767 • Brokerage DRE #01922362 • Vista Sotheby’s International Realty

Property Details for 8214 Romaine Street

Architectural Style
Spanish
View
None
Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
5386

Location

Listing Courtesy of Vista Sotheby’s International Realty, Amy Cimetta, DRE #01774767

Sold By Huntington Group, Jack Holwahjian, DRE #01800853

Add your commute
LISTING UPDATED: 07/27/2022 05:19 AM

Property Details for 8214 Romaine Street

StatusClosed
MLS #SB22100681
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.15 AC / 6,550 SF
CountyLos Angeles County

Location

Listing Courtesy of Vista Sotheby’s International Realty, Amy Cimetta, DRE #01774767

Sold By Huntington Group, Jack Holwahjian, DRE #01800853

Add your commute

Virtual Tour

Building Information for 8214 Romaine Street

Stories2Residences-Year Built1926Building Size-Lot Size0.15 AC / 6,550 SF

Payment Calculator

$16,009 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,371

Property Taxes

$2,638

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8214 Romaine Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $119,528
  • Gross Scheduled Income: $119,528
  • Net Operating Income: $102,823
  • Number Of Rented Garages: 1
  • Cap Rate: 5.5
  • Financing: Conventional
Expense Details
  • Operating Expense: $16,705
  • Gardener Expense: $1,200
  • Fuel Expense: $0
  • Licenses Expense: $720
  • Electric Expense: $267
  • Insurance Expense: $10,950
  • Professional Management Expense: $0
  • Other Expense: $1,747
  • Other Expense Description: Water
  • Trash Expense: $1,004
  • Water Sewer Expense: $111
  • Supplies Expense: $705
  • Total Expenses: $16,705
Tax / Assessment Info
  • Tax Block: G
  • Tax Tract Number: 5614
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 1
Community / Development
Community / Development
  • Accessibility Features: 2+ Access Exits
  • Disability Access: 2+ Access Exits
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Interior Features: Balcony, High Ceilings
  • Room Type: Laundry, Living Room, Office
  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Heating Type: Forced Air, Natural Gas, Wall
  • Heat Source: Natural Gas
  • Heating: Forced Air, Natural Gas, Wall Furnace
  • Heat Equipment: Forced Air Unit
  • Flooring: Wood
  • Virtual Tour URL Branded: https://youtu.be/YdYhq5yI5C0
  • Virtual Tour URL Unbranded: https://youtu.be/U7ir9oop2g8
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Foundation Details: Raised, Slab
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Corner Lot, Lawn, Near Public Transit, Park Nearby
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Electric: Natural Gas Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,025
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,142
  • Unit Type Pro Forma: 4500
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,275
  • Unit Type Pro Forma: 4500
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 0

Property History for 8214 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 8214 Romaine Street

Taxable ValueLand$2,000,000Additions$450,000Total$2,450,000
Tax Record2023$31,661 ($2,638 / month)
Home Facts
Total Finished SqFt5,386 SqFtAbove Grade Finished SqFt5,386 SqFtLot Size6,550 SqFtStyleQuadraplexYear Built1926ZoningWDR2*CountyLOS ANGELESAPN5529-017-001

Schools near 8214 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.

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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 Vista Sotheby’s International Realty, Amy Cimetta, DRE #01774767

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.