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  • 4956 Romaine Street

4956 Romaine Street, Los Angeles, CA 90029

$2,495,000 Approx. USD 16 beds, 16 baths
11,326 sqft

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Photo of Michael Tunick

Michael Tunick REALTORĀ® - Sales Associate 323-646-3893 m
818-386-9007 f
Lic#: 01321406
NRDS ID: 175512407
mtunick@bhhscal.com
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818-386-9007 f
Lic#: 01321406
NRDS ID: 175512407
mtunick@bhhscal.com
Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007
Sherman Oaks 14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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Listing Agent


George Morales | georgemorales@compass.com
Lic#: 01984555
Broker: Courtesy of Compass
Phone: 323-578-8423

Co Listing Agent


Sam Shakerchi | samshakerchi@gmail.com
Lic#: 01868195
Broker: Courtesy of Compass
Phone: 310-525-0872

Agent Remarks

BACK ON MARKET - Buyer didn't perform. Prime Hollywood investment opportunity featuring 16 one-bedroom, one-bathroom units, each with its own assigned parking space. Offered at $2,600,000 (approximately $162,500 per unit), this well-maintained asset delivers strong in-place income with a cap rate of approximately 6.25% 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.

Listing Details

Property type: (Multi-Family)
Status: Active Under Contract
MLS# 25631175
List price is $2,495,000 Reduced by $105,000 on 5/27/2026
Price: $2,495,000
Beds: 16
Baths: 16
Built in 1964
11,326 sqft
2 stories
0.23 acres
Lot size: 0.2273
County: Los Angeles
Zoning: LARD1.5
Parking description: Assigned,Covered,Gated
Heating/cooling: None
MLS area: C20 - Hollywood

Last Updated: 6/17/2026

 Days On Market (DOM): 171

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This listing belongs to the C20 - Hollywood MLS area

Lat/Long: 34.088348, -118.299510.
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Source: CRM. Also Available in 25631227,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Michael Tunick

Michael Tunick REALTORĀ® - Sales Associate 323-646-3893 m
818-386-9007 f
Lic#: 01321406
NRDS ID: 175512407
mtunick@bhhscal.com
Text Me
Call My Cell
818-386-9007 f
Lic#: 01321406
NRDS ID: 175512407
mtunick@bhhscal.com

Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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