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Paul Fisher
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      paulfisherhomes@gmail.com
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      Santa Monica, CA 90405
      (808) 366-1680
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      California Regional Multiple Listing Service

      The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

      Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

      $625,000
      For Sale

      5164 Romaine Street

      Los Angeles, CA 90029
      1602 sqft | 8 beds | 2 baths | 0.06 acres | #TR25246513
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      Listing OfficeHomecoin.com
      Browse 65 photos
      Type:Purchase
      Structure:House
      Zone:Residential

      Description

      MAJOR FIXER ALERT!! Calling all investors, developers, and savvy homebuyers — check out this INCREDIBLE Hollywood opportunity! Welcome to 5164 Romaine, a fantastic fixer and rehab project located in the heart of Hollywood. This complete fixer is ready to be reimagined and brought back to life! Create your DREAM HOME, execute a FIX-and-FLIP, transform it into an Airbnb/VACATION RENTAL, or hold as a RENTAL INVESTMENT for your portfolio—the possibilities are endless. Nearby homes are consistently selling for $1.1M+, offering significant upside potential. The property even features your very own abundant fruit orchard with mature Persimmon, Guava, and Avocado trees already bearing fruit for future owners. Zoning: LAR3, TOC Tier 2. The existing layout features 8 bedrooms and 2 baths (see current floor plan). However, architectural plans have already been completed and city-approved to convert the property into a 3BD / 2BA main house plus a 1BD / 1BA ADU—two separate units, which may be ideal for multi-generational living, dual rental income-producing investment units, or a live-in-one, rent-the-other strategy. Also, it offers EXCEPTIONAL potential for Airbnb or short-term vacation rentals near Hollywood’s most DESIRABLE tourist destinations, as well as other multiple development possibilities. The time-consuming, hard part is already DONE! Architectural and city-approved plans have been COMPLETED, including pulled permits, mean this project is effectively “shovel ready.” FOR YOUR BENEFIT, instantly save months of time and thousands in architectural fees, holding costs, work completed, and city delays. Located in one of Hollywood’s most dynamic neighborhoods, this property sits near major new developments—including the brand-new 90,000 sqft Echelon Studios Creative Village and several other high-profile projects driving continued economic growth and gentrification in the area. Enjoy convenience and proximity to the 101 Freeway, Netflix Studios, Paramount Pictures, Hollywood Walk of Fame, Runyon Canyon, Griffith Observatory, Hollywood Bowl, Thai Town, Larchmont Village, Hollywood Farmers Market, and trendy hangouts like Good Times at Davey Wayne’s, Found Oyster, and Mama Shelter. Take advantage of the recent Fed interest rate cuts and additional reductions expected soon. Don’t miss this low-priced, rare Hollywood fixer—a true diamond in the rough with TREMENDOUS potential.

      • Property Details
          • InteriorInLawFloorplan, OpenFloorplan, Pantry, Storage, Unfurnished, AllBedroomsDown
          • Utility FeaturesElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable
          • Property SubtypeSingleFamilyResidence
          • ViewCityLights, Landmark
          • School DistrictLos Angeles Unified
          • Lot DescriptionNearPublicTransit
          • Sewer InformationPublicSewer
          • Middle SchoolArroyo Seco
          • CountyLos Angeles
          • MLS #TR25246513
          • MLS #TR25246513
          • Property TypePurchase
          • Elementary SchoolKingsley
          • Original List Price$625,000
          • Exterior MaterialsAwnings
          • Acres0.0634
          • Utility SourcePublic
          • Cost625000
          • Structure TypeHouse
          • Square Feet1602
          • Year Built1910
          • Bedrooms8
          • Bathrooms2
          • Full Baths2
          • Stories1
          • Parking Spaces2

      Location

      Legal

      The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

      Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

      Last Updated: Today at 5:52 AM. Source: CRMLS

      Provided By
      Listing Agent: Jonathan Minerick (#TRMINEJON)
      Listing Office: Homecoin.com (#PB2195)

      Paul FisherReal Estate Group
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