$1,795,000

5068 Romaine Street, Los Angeles, CA 90029

Calling all Builders, Developers, and Investors. This one is RTI! Here is your opportunity to build in one of L.A.'s most centrally located and rapidly developing communities. Vacant, TOC Tier 2, 9,000+/- SF FLAT lot with multiple exit strategies: (1) RTI building permits for 18 apartments over a basement garage with unit mix of 4 2BR/2BA, 1 3BR/2BA, 12 1BR/1BA units, and 1 Studio. Start demo and building at close of escrow! (2) Develop condos that can be sold individually, (3) Develop small lot homes, or (4) Redesign the apartment building if you prefer a different design or unit mix. Centrally located with convenient access to 101 FWY, close to shops/restaurants, and near Hollywood, Silver Lake, Larchmont/Hancock Park, and DTLA. SOLD AS IS. Buyer to verify all information.

Facts & Features

MLS® # 19500232
Price $1,795,000
Bathrooms 0.00
Type Land
Status Pending

Community Information

Address 5068 Romaine Street
Area C20 - Hollywood
City Los Angeles
County Los Angeles
State CA
Zip Code 90029

Amenities

View None
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

Additional Information

Date Listed August 15th, 2019
Days on Market 141
Zoning LAR3
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentLaura Reckmeyer
OfficeACME Real Estate

Listing Map

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