For more information regarding the value of a property, please contact us for a free consultation.
7452 Romaine St West Hollywood, CA 90046
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $2,952,600
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,690 sqft
Price per Sqft $441
MLS Listing ID 23-254023
Sold Date 06/13/23
Bedrooms 12
Year Built 1954
Lot Size 5,463 Sqft
Acres 0.1254
Property Sub-Type Multi-Family
Property Description
We proudly present 7452 Romaine St, 8 units in prime West Hollywood. The property has very attractive assumable financing: 3.95% loan with JP Morgan Chase, fixed until October 2026. $1,800,000 loan balance, 61% LTV. Many units have been extensively renovated and are achieving strong rents - which allows an investor to achieve a 6 percent cash-on-cash return day one. The soft story retrofit has been completed, and most units have in-unit washer & dryers. The property affords the opportunity to build additional ADUs in the existing carports. 7452 Romaine St is ideally situated on a quiet neighborhood street and close to shops and restaurants on Santa Monica Blvd.
Location
State CA
County Los Angeles
Area West Hollywood Vicinity
Zoning WDR3C*
Rooms
Other Rooms None
Interior
Heating Wall Electric
Cooling None
Equipment Washer, Dryer, Dishwasher
Laundry In Unit, Community
Exterior
Parking Features Covered Parking, Carport
Garage Spaces 5.0
Building
Story 2
Water District
Others
Special Listing Condition Standard
Read Less
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Keller Williams Beverly Hills