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  • Price$4,195,000
  • Beds16
  • Baths13
  • Sq. Ft.8,404
  • Built1957

7731 Romaine St, West Hollywood

We are pleased to announce the sale of 7731 Romaine Street, a 10-unit multifamily property located in the premier neighborhood of West Hollywood. With a Whole Foods, Starbucks, and several other destinations within a short walk, tenants can conveniently complete daily errands and the property has earned the title of "Walker's Paradise" with a Walk Score of 95.Within the 10 apartments, most of which feature two bedrooms, the current owner has added value by completing substantial upgrades. Included within 70% of the units are new quartz countertops, new custom cabinets, new stainless steel appliances, new wood plank flooring, new lighting, new two-tone paint, and newly upgrade bathrooms. The blueprint has already been created for adding similar value to the remaining units and eventually capturing the approximately 21% rent upside for the investment. Brand new windows have been installed, while the building exterior features new paint and new landscaping.

Essential Information

  • MLS® #19432424
  • Price$4,195,000
  • Bedrooms16
  • Bathrooms13.00
  • Square Footage8,404
  • Acres0.00
  • Year Built1957
  • TypeResidential Income
  • Sub-TypeApartment Building
  • StatusActive

Amenities

  • Parking Spaces10

Additional Information

  • Date ListedJanuary 28th, 2019
  • Days on Market26
  • ZoningWDR3C*

Community Information

  • Address7731 Romaine St
  • AreaWest Hollywood Vicinity (C10)
  • CityWest Hollywood
  • CountyLos Angeles
  • StateCA
  • Zip Code90046

Interior

  • HeatingOther
  • CoolingAir Conditioning, Ceiling Fan(s)
  • # of Stories2

Listing Details

  • Listing AgentRoderick 'rick' Raymundo(01357019)
  • Listing OfficeMarcus & Millichap
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Last updated on February 23rd, 2019 at 10:45am PST