Listing provided courtesy of Miller & Desatnik Realty Co.- MLS# 26667615MLS Provider

6127 Romaine StLos Angeles, CA 90038

Multi-Family · 6 Beds · 5,560 Sq. ft. | 0.15 Acres
$1,945,000 Active

6127 Romaine St Overview

Time on Site:
101 days
Visits:
0

We are pleased to present 6127 Romaine Street, an 8-unit, pride-of-ownership multifamily asset located in the heart of Hollywood. This boutique, professionally managed 1950s-era property offers investors the opportunity to acquire an asset with strong in-place rents as well as value-add potential. Select capital improvements have been completed, inclusive of unit renovations to the majority of units, updates to the electrical, and new windows throughout. There are individual water heaters and ratio utility billing, so the property is running very efficiently. Located in a walkable, high-demand pocket of Hollywood, 753 N Hudson Avenue is surrounded by several newer Class A multifamily, mixed-use developments, and entertainment-industry hubs such as studios and post-production facilities. The asset offers a lower-cost alternative to nearby luxury buildings while delivering comparable unit finishes, appealing to quality-conscious tenants at more accessible rents. Professionally managed throughout the seller's ownership, this property stands out as a smooth operating, income-producing investment with room for rental growth making it an ideal acquisition for investors seeking both cash flow and appreciation in one of Los Angeles' most dynamic rental submarkets.

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6127 Romaine St Facts & Features

  • Type Multi-Family
  • Sq. ft. 5,560
  • Price/Sq.ft. $350
  • Lot 0.15 Acres

Details

General

Income/Expenses

  • Gross Income: 172140
  • Net Operating Income: 104198.00

Building Information

  • Year Built: 1953

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: Hollywood

Tax Information

  • Tax Assessed Value: 2199491

General Information

  • Disclosures: None
  • Property Type: Residential Income
  • Zoning: LAR3

Interior

Beds/Baths

  • Bathrooms Total: 8.00
  • Bedrooms Total: 6

General Information

  • Cooling: Other
  • Heating: Other
  • Levels: Multi/Split
  • Living Area: 5560
  • Living Area Source: Vendor Enhanced
  • Stories: 2

Exterior

Parking Information

  • Parking Total: 7

Lot Information

  • Lot Size Acres: 0.1493
  • Lot Size Area: 6505
  • Lot Size Source: Vendor Enhanced
  • Number Of Buildings: 1

General Information

  • Number Of Units Total: 8
  • Other Structures: Other

6127 Romaine St Neighborhood

Community

90038 (LOS ANGELES) Demographics

34
Median Age
18,237
Population Density (per sq. mile)
40%
College Educated
$48,786
Estimated Median Income
1,034
Estimated Total Home Owners
11,614
Estimated Total Renters
8% / 92%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

6127 Romaine St Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

6127 Romaine St Market Data

Based on the last 30 days in this zip code

$1,363,950
Average List Price
$784
Average Price per Square Foot
10
Properties Sold
115
Average Days on Market
145
Properties for Sale
Calculations provided by Reliance Network

6127 Romaine St History

Date Event Value Agent
6/10/2026Source: CRMLS Price Reduction
$1,945,000 -7.2%
6/10/2026Source: TheMLS (CLAW) Price Reduction
$1,945,000 -7.2%
4/16/2026Source: CRMLS Price Reduction
$2,095,000 -12.5%
4/16/2026Source: TheMLS (CLAW) Price Reduction
$2,095,000 -12.5%
3/20/2026Source: CRMLS Added to Database
March 20, 2026
3/20/2026Source: TheMLS (CLAW) Added to Database
March 20, 2026
6/24/2022Source: TheMLS (CLAW) Added to Database
June 24, 2022
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