$5,500,000

6132 Romaine, Los Angeles, CA 90038

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.45acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 9 months ago

Property Description

*Prime Development Opportunity in Central Hollywood* This exceptional property spans three contiguous parcels, offering a total of 19,539 square feet in one of the most sought-after locations in Central Hollywood. Situated within a Transit Oriented Community (TOC) and a Transit Priority Area, this site provides unparalleled access to Los Angeles and surrounding communities, ensuring convenience and connectivity. Zoned R4, the property is primed for high-density development. Developers can maximize the potential for possibly 40+ units or more, leveraging TOC incentives and additional density bonuses under the Hollywood Community Plan. The sites design-friendly features, including an existing alleyway that aids in setbacks, enhance its appeal for multi-family housing projects. With its central location and significant development benefits, this property offers an unparalleled opportunity for investors and developers seeking maximum ROI in one of LAs most vibrant markets.

Listing Status:
Active
Listing Office:
Mills Realty of California :
Listing Agent:
Simon Mills : 818-642-2224
MLS ID:
SR25010832
  • HOA Amenities: 0.0
  • Originating MLS: California Regional MLS
  • County: Los Angeles
  • Zoning: 5534026007
  • Utilities: Cable TVElectricTelephone
  • Source: California Regional MLS

This listing courtesy of Simon Mills, Mills Realty of California

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

V

Vine Street Elementary

955 Vine St, Los Angeles, CA, 90038

Grades KG-6

0.09 miles away

J

Joseph Le Conte Middle School

1316 N Bronson Ave, Los Angeles, CA, 90028

Grades 6-8

0.63 miles away

R

Richard A. Alonzo Community Day

5755 Fountain Ave, Los Angeles, CA, 90028

Grades 7-12

0.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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