7452 Romaine Street, West Hollywood, CA 90046

About this property

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.

Listing description from the June 2023 sale, as reported to CRMLS.

Sale history

$2,952,600

Sold June 2023 · listed $2,950,000, on market March 2023 · MLS #23254023 · Source: CRMLS

Listing Agent: Zachary Freehling · Listing Office: Skylight Real Estate Advisors, Inc. · Contact: 310-592-0833 · Bought with: Dario Svidler · Keller Williams Beverly Hills

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