6037 Romaine St, Los Angeles, CA 90038
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6037 Romaine St Los Angeles, CA 90038

$1,030,000 Sold Price as of 10/23/2020
  • 4 Beds
  • 3 Baths
  • -- Sq.Ft.
Sold
$1,030,000 Sold Price as of 10/23/2020 Refinance Your Mortgage

Map preview of 6037 Romaine St, Los Angeles, CA 90038

Property Overview: 6037 Romaine St Los Angeles, CA has 4 bedrooms, 3 bathrooms, -- living square feet and 6,507 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Major Value-Add Opportunity in Hollywood! Street to alley lot in an ideal location just west of Hollywood Forever and Paramount Studios. The spacious 6,507 SF lot is zoned LAR3 Tier 3 TOC providing excellent development potential (buyer to verify)! Situated in a prime location just moments from the Hollywood Walk of Fame to the north and Larchmont to the south. The property currently has three units, all currently in uninhabitable condition. Major value-add potential in renovating or starting from the ground up! Surrounded by LA's best shops and restaurants along Sunset Blvd, Santa Monica Blvd and Melrose Avenue. Convenient access to the 101 Freeway and Metro at the Vine station.

Listed by David Berg | BRE #01481236 | Compass
Co-listed by F. Ron Smith | BRE #00961954 | Compass
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 49

Home details

Lot Sq. Ft
6,507
HOA Dues
$0/mo
Year built
1914
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
20607610
City
Los Angeles
County
Los Angeles
Time on Site
1208 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 6037 Romaine St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Exterior Features
Exterior Information
  • Other Structures: Shed(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Garage - Single Door, Uncovered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 5534023015
  • Property Condition: Repairs Major
Location / Neighborhood
Location Information
  • Directions: Off of Santa Monica Blvd between Gower St and Vine St
View more facts & features

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Sale History for 6037 Romaine St

Last sold for $1,030,000 on October 23rd, 2020
  • October, 2020

  • Oct 24, 2020

    Date

    Canceled

    CRMLS: 20607614

    $1,199,900

    Price

  • Sep 9, 2020

    Date

    Active Under Contract

    CRMLS: 20607614

    $1,199,900

    Price

  • Jul 22, 2020

    Date

    Active

    CRMLS: 20607614

    $1,199,900

    Price

  • Listing provided courtesy of CRMLS

  • October, 2020

  • Oct 24, 2020

    Date

    Sold

    CRMLS: 20607610

    $1,030,000

    Price

  • Sep 9, 2020

    Date

    Active Under Contract

    CRMLS: 20607610

    $1,199,900

    Price

  • Jul 22, 2020

    Date

    Active

    CRMLS: 20607610

    $1,199,900

    Price

  • October, 2020

  • Oct 23, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,030,000

    Price

  • July, 2020

  • Jul 22, 2020

    Date

    Canceled

    CRMLS: 20571410

    $1,299,900

    Price

  • Jun 20, 2020

    Date

    Price Change

    CRMLS: 20571410

    $1,299,900

    Price

  • May 15, 2020

    Date

    Price Change

    CRMLS: 20571410

    $1,374,500

    Price

  • Apr 17, 2020

    Date

    Active

    CRMLS: 20571410

    $1,399,900

    Price

  • Listing provided courtesy of CRMLS

    Major Value-Add Opportunity in Hollywood! Street to alley lot in an ideal location just west of Hollywood Forever and Paramount Studios. The spacious 6,507 SF lot is zoned LAR3 Tier 3 TOC providing excellent development potential! Situated in a prime location just moments from the Hollywood Walk of Fame to the north and Larchmont to the south. The property currently has three units, all currently in uninhabitable condition. Major value-add potential in renovating or starting from the ground up! Surrounded by LA's best shops and restaurants along Sunset Blvd, Santa Monica Blvd and Melrose Avenue. Convenient access to the 101 Freeway and Metro at the Vine station.

  • July, 2020

  • Jul 22, 2020

    Date

    Canceled

    CRMLS: 20570690

    $1,299,900

    Price

  • Jun 20, 2020

    Date

    Price Change

    CRMLS: 20570690

    $1,299,900

    Price

  • May 15, 2020

    Date

    Price Change

    CRMLS: 20570690

    $1,374,500

    Price

  • Apr 14, 2020

    Date

    Active

    CRMLS: 20570690

    $1,399,900

    Price

  • Listing provided courtesy of CRMLS

    Prime development opportunity in Hollywood! Street to alley lot in an ideal location just west of Hollywood Forever and Paramount Studios. The spacious 6,507 SF lot is zoned LAR3 Tier 3 TOC providing excellent development potential! Situated in a prime location just moments from the Hollywood Walk of Fame to the north and Larchmont to the south. Surrounded by LA's best shops and restaurants along Sunset Blvd, Santa Monica Blvd and Melrose Avenue. Convenient access to the 101 Freeway and Metro at the Vine station.

  • February, 2020

  • Feb 3, 2020

    Date

    Sold (Public Records)

    Public Records

    $966,000

    Price

  • September, 2018

  • Sep 28, 2018

    Date

    Sold

    CRMLS: 18338818

    $1,249,000

    Price

  • Jun 19, 2018

    Date

    Active Under Contract

    CRMLS: 18338818

    $1,249,000

    Price

  • May 30, 2018

    Date

    Active

    CRMLS: 18338818

    $1,249,000

    Price

  • Listing provided courtesy of CRMLS

    DEVELOPMENT OPPORTUNITY! LOCATION! LOCATION! Seller willing to assist in relocation of tenants! 3 apartment units on 6,500 SQFT LAR3 Lot Tier 3 TOC with an alley access. Potential to build 8-13 apartment units, centrally located in a very desired pocket of Hollywood, just west of the Hollywood Forever and Paramount studios, surrounded by restaurants and shops, just North of Larchmont BLvd.

  • September, 2018

  • Sep 28, 2018

    Date

    Sold

    CRMLS: 18333740

    $1,249,000

    Price

  • Jun 19, 2018

    Date

    Active Under Contract

    CRMLS: 18333740

    $1,249,000

    Price

  • May 25, 2018

    Date

    Price Change

    CRMLS: 18333740

    $1,249,000

    Price

  • Apr 19, 2018

    Date

    Active

    CRMLS: 18333740

    $1,299,000

    Price

  • Listing provided courtesy of CRMLS

    REHAB or DEVELOPMENT OPPORTUNITY! 3 apartment units on 6,500 SQFT LAR3 Lot Tier 3 TOC with an alley access. Seller willing to assist in relocation of tenants! Potential to build 8-13 apartment units, centrally located in a very desired pocket of Hollywood, just west of the Hollywood Forever and Paramount studios, surrounded by restaurants and shops, just North of Larchmont BLvd.

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Tax History for 6037 Romaine St

Assessed Value (2020): $1,273,980
Year Land Value Improved Value Assessed Value
2020 $1,020,000 $253,980 $1,273,980

Home Value Compared to the Market

This property vs the competition

6037 Romaine St sold on October 23, 2020 for 0.83% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 6037 Romaine St

Detailed summary of property

6037 Romaine St is a multi family that recently sold in Los Angeles, CA 90038. This multi family property offered 4 bedrooms, 3 bathrooms, roughly -- living square feet, and sits on an approximately 6,507 square foot lot. 6037 Romaine St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,030,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 0.83% higher than the current median priced home. Local homes that are currently for sale include 519 N Alexandria Ave, 4307 Clinton St and 3456 Plata St. While the average home in Los Angeles, CA is selling in 96 days, 6037 Romaine St has a days on market of 49 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 6037 Romaine St Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6037 Romaine St

Public county record property details
Beds
4
Baths
4
Year built
1914
Sq. Ft.
2,008
Lot Size
6,506
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
5534-023-015

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,299,000
Median List Price/Sq.Ft.
$706
Median Sold Price
$715,000
Median Sold Price/Sq.Ft.
$659
Total Inventory
41
Median Sale to List Price %
79.44%
Avg Days on Market
17
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

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Related Resources to 6037 Romaine St

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.