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Image 1 - 5380 Romaine St, Los Angeles, California, 90029 - House for sale
Image 2 - 5380 Romaine St, Los Angeles, California, 90029 - House for sale
Image 3 - 5380 Romaine St, Los Angeles, California, 90029 - House for sale
Image 4 - 5380 Romaine St, Los Angeles, California, 90029 - House for sale
Image 5 - 5380 Romaine St, Los Angeles, California, 90029 - House for sale
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Home For Sale In Los Angeles, California
5380 Romaine St, Los Angeles, California, 90029

Home For Sale In Los Angeles, California

house for sale
Listed: 04/08/24

5380 Romaine St, Los Angeles, California, 90029

20 Bed:
16 Bath:
8,760 Sq Ft Living Area:
Save
Price
$ 2,75M

About This House

Spread over three buildings on one large10, 319parcel, the property contains exclusively two-bedroom apartments. While six of those units were constructed in 1922, four units were added in1988. Anew investor may be able to continue the current program of upgrading unit interiors, which has established rent benchmarks at$2, 383- $2, 495.In total, there may be approximately 46% rent upside among the remaining below-market units. Situated near the intersection of Santa Monica Boulevard and Western Avenue, the property lies just east of Paramount Studios and the Hollywood Forever Cemetery. The exclusive Hancock Park neighborhood is only a few blocks southwest, while Koreatown and the Hollywood Walk of Fame are both nearby as well. The new 14-story ICON office tower, primarily leased …  Full description

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Los Angeles Housing & Living

Average sale prices for houses

1 bed
2 bed
3 bed
4+ bed
Show as List Show as Graph
In June 2024, the asking price for 1 bed houses for sale in/near Los Angeles, United States averaged $932,981, a decrease of 41.3% from the previous month.
Median price trends for properties for sale in Los Angeles, United States as of June 2024.

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.