6132 Romaine Street, Los Angeles CA, 90038

Active

6132 Romaine Street

Los Angeles CA, 90038

$5,900,000

$301.96 per sqft

Active

0.45 Acres

Land

Listed by Simon Mills with Mills Realty of California 818-763-4462

*Prime Development Opportunity in Central Hollywood*

This exceptional property spans three contiguous parcels, offering a total of 19,539 square feet in one of the most sought-after locations in Central Hollywood. Situated within a Transit Oriented Community (TOC) and a Transit Priority Area, this site provides unparalleled access to Los Angeles and surrounding communities, ensuring convenience and connectivity.

Zoned R3-1XL and currently advancing to R4 under the Hollywood Community Plan (adopted by City Council in May 2023 and nearing its final phase with the Planning and Land Use Management Commission), the property is primed for high-density development. Developers can maximize the potential for possibly 40+ units or more, leveraging TOC incentives and additional density bonuses under the Hollywood Community Plan.

The site's design-friendly features, including an existing alleyway that aids in setbacks, enhance its appeal for multi-family housing projects. With its central location and significant development benefits, this property offers an unparalleled opportunity for investors and developers seeking maximum ROI in one of LA's most vibrant markets.

SR25010832

MLSⓇ ID

January 15, 2025

Listed

January 16, 2025

Updated

Map

6132 Romaine Street
Los Angeles CA, 90038

Exterior/Building Features

Lot Size: 0.45 Acres
Lot Features: Front Yard, Near Public Transit, Street Level, Value In Land
Sewer: Public Sewer

Other Property Details

Area Name: C20 - Hollywood
Garage: No
View: No
View Description: None
County: Los Angeles
Water Source: Public
Pool: No
Zoning: LAR3-1XL

Listing Contact: 818-763-4462

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/16/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 1/16/2025 at 2:17 AM UTC