West Hollywood, CA 90046,7452 Romaine ST
West Hollywood, CA 90046,7452 Romaine ST
West Hollywood, CA 90046,7452 Romaine ST
9
$2,952,600
$2,950,000
0.1%
Est.Price: ?

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12 BD
8 BA
6,690 SqFt

7452 Romaine ST West Hollywood, CA 90046

Est. payment /mo
SOLD DATE : 06/13/2023

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Key Details

Sold Price $2,952,600

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,690 sqft

Price per Sqft $441

MLS Listing ID 23254023

Sold Date 06/13/23

Bedrooms 12

HOA Y/N No

Year Built 1954

Lot Size 5,462 Sqft

Property Description

We proudly present 7452 Romaine St, 8 units in prime West Hollywood. The property has very attractive assumable financing: 3.95% loan with JP Morgan Chase, fixed until October 2026. $1,800,000 loan balance, 61% LTV. Many units have been extensively renovated and are achieving strong rents - which allows an investor to achieve a 6 percent cash-on-cash return day one. The soft story retrofit has been completed, and most units have in-unit washer & dryers. The property affords the opportunity to build additional ADUs in the existing carports. 7452 Romaine St is ideally situated on a quiet neighborhood street and close to shops and restaurants on Santa Monica Blvd.

Location

State CA

County Los Angeles

Area C10 - West Hollywood Vicinity

Zoning WDR3C*

Interior

Cooling None

Fireplace No

Appliance Dishwasher, Dryer, Washer

Laundry Common Area

Exterior

Parking Features Covered, Carport

Total Parking Spaces 5

Building

Story 2

Water Public

New Construction No

Others

Senior Community No

Tax ID 5531024012

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Zachary Freehling • Skylight Real Estate Advisors, Inc.
Bought with Dario Svidler • Keller Williams Beverly Hills

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Kelly Corsino

Agent | License ID: 01704102

+1(949) 229-0019

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