6132 Romaine St, Los Angeles, CA 90038 - View 1
6132 Romaine St, Los Angeles, CA 90038 - View 2
6132 Romaine St, Los Angeles, CA 90038 - View 3
6132 Romaine St, Los Angeles, CA 90038 - View 4
6132 Romaine St, Los Angeles, CA 90038 - View 5
6132 Romaine St, Los Angeles, CA 90038 - View 6
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6132 Romaine St, Los Angeles, CA 90038

List Price: $5,900,000On Market FlagOn market
Jan 15, 20252,549 sqft4 beds0 baths
Listed by: Simon Mills
License #: 01309436
Phone #: 818-763-4462
Mills Realty of California
Source:
CRMLS Logo
MLS #: SR25010832

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“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

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$/sqftValuation
HouseCanary$568/sqft$1,449,000

Neighborhood: Hollywood

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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

SUBJECT
6132 Romaine St, Los Angeles, CA 90038

6132 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

COMPARABLE
Choose comps
932 N Kingsley Dr, Los Angeles, CA 90029

932 N Kingsley Dr, Los Angeles, CA 90029

Sale: $1,100,000

2/3/20251.31 mi

Area:2,183 sqft
Price/sqft:$504
Beds:4
Baths:
Year Built:
Weight:53.2%
584 N Plymouth Blvd, Los Angeles, CA 90004

584 N Plymouth Blvd, Los Angeles, CA 90004

Sale: $1,450,000

3/18/20250.59 mi

Area:1,982 sqft
Price/sqft:$732
Beds:4
Baths:1
Year Built:
Weight:46.8%

Nearby Listings

No similar properties found in the area

Looking for properties within 5 miles with similar price and features

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