SOLD
$2,952,600
Date 06/13/2023

7452 Romaine Street
West Hollywood, CA 90046

Other
Residence
12
Beds
8
Baths
6,690
Sqft
0.1254
Lot Size
Listing Agent: Zachary Freehling CalDRE: 01879326 - Skylight Real Estate Advisors, Inc.

Description for 7452 Romaine Street West Hollywood, CA 90046

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.

Property Details

23254023
Other, 2 Story
12
Los Angeles
8
1954
0.1254 Acres
Public
2
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Listing Agent: Zachary Freehling CalDRE: 01879326 - Skylight Real Estate Advisors, Inc.
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