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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.
- MLS® #19432424
- Square Footage8,404
- Year Built1957
- TypeResidential Income
- Sub-TypeApartment Building
- Parking Spaces10
- Date ListedJanuary 28th, 2019
- Days on Market26
- Address7731 Romaine St
- AreaWest Hollywood Vicinity (C10)
- CityWest Hollywood
- CountyLos Angeles
- Zip Code90046
- CoolingAir Conditioning, Ceiling Fan(s)
- # of Stories2
- Listing AgentRoderick 'rick' Raymundo(01357019)
- Listing OfficeMarcus & Millichap
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Last updated on February 23rd, 2019 at 10:45am PST