5150 Romaine Street, Los Angeles, CA 90029

About this property

This beautifully redone duplex is perfect for someone looking for a turnkey property that can generate solid market rents. Live in one and have your mortgage offset, or rent both out and let the tenants buy the building for you. The property will be delivered vacant, allowing the new owner to choose tenants and take advantage of strong rents in the area, projected at $3900 per unit ($7,900 total). Each unit features 3 bedrooms and 2 bathrooms, in a side-by-side townhouse configuration. Both units have recently been completely redone in a contemporary style with plenty of original character. Ample parking, private outdoor spaces for both units, and in-unit laundry make these perfect for families or professionals who need a home office. Charming, stylish, and spacious with a great location close to everything Hollywood has to offer. Minutes to hiking in Runyon Canyon or Griffith Park!

Listing description from the April 2021 sale, as reported to CRMLS.

Sale history

$1,189,900

Sold April 2021 · listed $1,199,900, orig. $1,349,900, on market December 2020 · MLS #20664472 · Source: CRMLS

Listing Agent: Rod Watson · Listing Office: Keller Williams Beverly Hills · Contact: 310-432-6400 · Bought with: Dewayne Brady · Keller Williams North Valley

$1,185,000

Sold December 2019 · listed $1,195,000, on market September 2019 · MLS #19506638 · Source: CRMLS

Listing Agent: Mark Duncan · Listing Office: Real Broker · Contact: 619-663-8680 · Bought with: Rod Watson · Revel Real Estate

$995,000

Sold March 2018 · listed $999,000, on market September 2017 · MLS #17274322 · Source: CRMLS

Listing Agent: Imraan Ali · Listing Office: Compass · Contact: 626-205-4040 · Bought with: Afshin Eskandari · Keller Williams Realty

$900,000

Sold February 2017 · listed $899,000, on market December 2016 · MLS #16184522 · Source: CRMLS

Listing Agent: Karen Lower · Listing Office: Coldwell Banker Residential Br · Contact: 310-777-6200 · Bought with: Imraan Ali · Compass

$300,000

Sold January 2012 · listed $309,900, orig. $359,900, on market August 2011 · MLS #P793681 · Source: CRMLS

Listing Agent: Silvio Pacheco · Listing Office: Atlantic & Pacific Real Estate · Contact: 949-892-6697 · Bought with: GENARO LOPEZ · ATLANTIC & PACIFIC REAL ESTATE

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