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For SaleLuxury

$5,500,000

19,541 sqft$281/sqft662 days on market

6132 Romaine Street

Los Angeles, CA 90038

· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

19,541

Square feet

—

Built

Listing narrative

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.

Listing agent (MLS): Simon Mills · Listing brokerage (MLS): Mills Realty of California

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$5,500,000

Beds

Beds n/a

Type

Land

Home Size

19,541 sqft

Baths

Baths n/a

Lot Size

0.45 acres

Year

Year n/a

Status

For Sale

Days on Market

662

$ / Sqft

$281

· 8% down, 7% APR, 30yr fixed
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Courtesy of Mills Realty of California