5068 ROMAINE Street, Los Angeles, CA 90029

About this property

Calling all Builders, Developers, and Investors. This one is RTI! Here is your opportunity to build in one of L.A.'s most centrally located and rapidly developing communities. Vacant, TOC Tier 2, 9,000+/- SF FLAT lot with multiple exit strategies: (1) RTI building permits for 18 apartments over a basement garage with unit mix of 4 2BR/2BA, 1 3BR/2BA, 12 1BR/1BA units, and 1 Studio. Start demo and building at close of escrow! (2) Develop condos that can be sold individually, (3) Develop small lot homes, or (4) Redesign the apartment building if you prefer a different design or unit mix. Centrally located with convenient access to 101 FWY, close to shops/restaurants, and near Hollywood, Silver Lake, Larchmont/Hancock Park, and DTLA. SOLD AS IS. Buyer to verify all information.

Listing description from the February 2020 sale, as reported to CRMLS.

Sale history

$1,635,000

Sold February 2020 · listed $1,795,000, on market August 2019 · MLS #19499494 · Source: CRMLS

Listing Agent: Laura Reckmeyer · Listing Office: ACME Real Estate · Contact: 323-596-0006 · Bought with: Artak Dovlatyan · Specialized Realty

$1,635,000

Sold February 2020 · listed $1,795,000, on market August 2019 · MLS #19500232 · Source: CRMLS

Listing Agent: Laura Reckmeyer · Listing Office: ACME Real Estate · Contact: 323-596-0006 · Bought with: Artak Dovlatyan · Specialized Realty

$1,200,000

Sold September 2017 · listed $1,195,000, on market July 2017 · MLS #SR17170184 · Source: CRMLS

Listing Agent: Anush Miduryan · Listing Office: Keller Williams Encino-Sherman · Contact: 818-380-5100 · Bought with: Laura Reckmeyer · Centennial Realty Group

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