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 site’s 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 LA’s most vibrant markets.
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
-$45,030
TurboHome Estimated Value
$1,449,000
$568 sqft
High Valuation
$1,521,450
$597/sqft
Normal Valuation
$1,449,000
$568/sqft
Low Valuation
$1,376,550
$540/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $568/sqft | $1,449,000 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood: Hollywood
Loading map...
Comparative Value
$1.10M
$1.45M
$5.90M
932 N Kingsley Dr, Los Angeles, CA 90029
Sale Price: $1,100,000
Selected Comparable
584 N Plymouth Blvd, Los Angeles, CA 90004
Sale Price: $1,450,000
Selected Comparable
6132 Romaine St, Los Angeles, CA 90038
List Price: $5,900,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT6132 Romaine St, Los Angeles, CA 90038
List: $5,900,000
Listed: 1/15/2025
Area:2,549 sqft
Price/sqft:$2,315
Beds:4
Baths:—
Year Built:—
Lot Size:6,510
Comparable Properties
COMPARABLEChoose comps
932 N Kingsley Dr, Los Angeles, CA 90029
Sale: $1,100,000
2/3/2025 • 1.31 mi
Area:2,183 sqft
Price/sqft:$504
Beds:4
Baths:—
Year Built:—
Weight:53.2%
584 N Plymouth Blvd, Los Angeles, CA 90004
Sale: $1,450,000
3/18/2025 • 0.59 mi
Area:1,982 sqft
Price/sqft:$732
Beds:4
Baths:1
Year Built:—
Weight:46.8%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
6132 Romaine St, Los Angeles, CA 90038 | $5,900,000 | 2,549 | $2,315 | 6,510 | — | 1/15/2025 | 4 | — | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
932 N Kingsley Dr, Los Angeles, CA 90029 | $1,100,000 | 2,183 | $504 | 9,032 | 1.31 mi | 2/3/2025 | 4 | — | — | 53.2% | |
584 N Plymouth Blvd, Los Angeles, CA 90004 | $1,450,000 | 1,982 | $732 | 6,752 | 0.59 mi | 3/18/2025 | 4 | 1 | — | 46.8% |
Nearby Listings
No similar properties found in the area
Looking for properties within 5 miles with similar price and features
How it Works
1
Meet your local TurboHome agent
We match you with an in-house licensed real estate agent who knows your market
2
We support your home-buying journey
Everything you'd expect your agent to do: touring, analysis, coaching, offers, negotiations, and closing
3
You get big savings
You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
