$2,952,600
$2,950,000
0.1%For more information regarding the value of a property, please contact us for a free consultation.
7452 Romaine ST West Hollywood, CA 90046
12 Beds
8 Baths
6,690 SqFt
Key Details
Sold Price $2,952,600
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 6,690 sqft
Price per Sqft $441
MLS Listing ID 23254023
Bedrooms 12
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
Laundry Common Area
Exterior
Parking Features Covered, Carport
Building
Story 2
Water Public
New Construction No
Others
Special Listing Condition Standard
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Bought with Dario Svidler Keller Williams Beverly Hills
