5164 Romaine Street, Los Angeles, CA 90029
Local realty services provided by:CENTURY 21 LOTUS
5164 Romaine Street,Los Angeles, CA 90029
$599,000
- 8 Beds
- 2 Baths
- 1,602 sq. ft.
- Single family
- Active
Listed by: jonathan minerick
Office: homecoin.com
MLS#:TR26031619
Source:CRMLS
Price summary
- Price:$599,000
- Price per sq. ft.:$373.91
About this home
MAJOR DEAL ALERT!! Calling all investors and savvy buyers — an extraordinary opportunity awaits in the heart of Hollywood! Welcome to 5164 Romaine Street, a rare shovel-ready investment and redevelopment opportunity located in one of Hollywood’s most in-demand rental and buyer markets. This fixer is ready to be brought back to life! Whether you envision a custom personal HOME, living, a high-end FLIP, a strategic long-term RENTAL for your investment PORTFOLIO, or a high income-producing Airbnb or VACATION RENTAL near Hollywood’s most famous tourist destinations, this property offers multiple possibilities and visions. Located in one of Los Angeles’ most high-demand submarkets, this property presents a rare chance to enter the neighborhood at DEEP DISCOUNTS, and potentially one of the LOWEST PRICED properties for the area. In addition to exceptional value, this property also comes with FULLY APPROVED architectural PLANS and PERMITS already pulled! This may benefit you, by allowing you to bypass MONTHS of design, entitlement, and city approval timelines— ultimately, SAVING substantial TIME, MONEY, architect fees, city fees, and carrying COSTS! With nearby renovated homes consistently selling for $1.15M+, this project offers exceptional upside for investors, developers, and owner-users seeking forced appreciation in a premier Hollywood location near Hollywood studios, trendy nightlife, popular dining, major hospitals, shopping, and transit. Enjoy convenience and proximity to the Hollywood Bowl, Netflix Studios, Paramount Pictures, Hollywood Walk of Fame, Runyon Canyon, Griffith Observatory, and more. Also nearby, a brand new 90,000 sqft Echelon Studios Creative Village is under construction, spurring further economic demand. Adding to its uniqueness, the property features mature fruit trees, such as persimmon, guava, and avocado trees, offering a charming landscaping and unexpected outdoor retreat already completed. This is a rare opportunity to acquire a true value-add asset with approvals in hand — drastically reducing risk, timelines, and development friction. Opportunities like this may not last. Bring your contractor, bring your vision.
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Home facts
- Year built:1910
- Listing ID #:TR26031619
- Added:1 day(s) ago
- Updated:February 12, 2026 at 09:35 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,602 sq. ft.
Structure and exterior
- Roof:Composition, Shingle
- Year built:1910
- Building area:1,602 sq. ft.
- Lot area:0.06 Acres
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$599,000
- Price per sq. ft.:$373.91
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