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4956 Romaine Street, Los Angeles CA 90029
4956 Romaine Street, Los Angeles CA 90029
4956 Romaine Street, Los Angeles CA 90029
4956 Romaine Street, Los Angeles CA 90029
4956 Romaine Street, Los Angeles CA 90029
4956 Romaine Street, Los Angeles CA 90029
4956 Romaine Street, Los Angeles CA 90029
4956 Romaine Street, Los Angeles CA 90029
4956 Romaine Street, Los Angeles CA 90029
4956 Romaine Street, Los Angeles CA 90029
4956 Romaine Street, Los Angeles CA 90029
4956 Romaine Street, Los Angeles CA 90029
4956 Romaine Street, Los Angeles CA 90029
4956 Romaine Street, Los Angeles CA 90029
California>Los Angeles>East Hollywood

4956 Romaine StreetLos Angeles, CA 90029

For Sale

$3,050,000

Smart Buyer Rebate $30,500

Prime Hollywood investment opportunity featuring 16 one-bedroom, one-bathroom units, each with its own assigned parking space. Offered at $3,050,000 (approximately $190,625 per unit), this well-maintained asset delivers strong in-place income with a cap rate of approximately 6.1% and immediate upside. One vacant unit allows a new owner to lease at market and increase cash flow from day one, with additional upside through rent growth and operational improvements. The excellent unit mix, favorable parking ratio, and sought-after Hollywood location make this a compelling opportunity for both value-add and long-term investors.

Listed by George Morales

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License #01984555

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Compass

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323-578-8423

Listed by Sam Shakerchi

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License #01868195

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Compass

Last updated January 05, 2026

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Source: CRMLS #25631175

Listing Facts

  • TypeMulti-family
  • NeighborhoodEast Hollywood
  • Bedrooms16
  • Days on Prevu33
  • Size11,326 sqft
  • Price per sqft$269

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

12/28/2025
Listed by Compass
$3,050,000

Property Details for 4956 Romaine Street

Exterior

Construction

  • Number Of Units Total: 16
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1964

Measurements

  • Building Area Total: 11,326
  • Lot Size Acres: 0.22
  • Lot Size Area: 9,902
  • Lot Size Square Feet: 9,902
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 5538004001

Interior

Measurements

  • Living Area: 11,326

Rooms

  • Bathrooms Total Integer: 16
  • Bedrooms Total: 16

Parking

Parking

  • Parking Features: Assigned, Covered, Gated
  • Parking Total: 16

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 16 bedrooms in this multi-family home at 4956 Romaine Street.

Does this multi-family home have parking?

Yes, there are 16 parking spaces available for 4956 Romaine Street.

How does 4956 Romaine Street compare to other multi-family homes in East Hollywood?

This multi-family home is listed 25% above the average price for multi-family homes in East Hollywood and has been on the market for 71 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 11,326 sqft.

4956 Romaine Street is a 16-bedroom multi-family home for sale in Los Angeles CA 90029. On Prevu for 33 days at $3,050,000. This home features 11,326 square feet of living space, located in East Hollywood. The median listing price for multi-family homes in this area is $1,125,000. Property amenities include parking. View other multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.