6132 Romaine Street Los Angeles, CA 90038

Other Residential MLS #: SR25010832 Courtesy Of Mills Realty

$5,900,000

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Estimated monthly payments: $25,791/mo.* (recalculate)

Property InformationDescription

*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.
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Features

  • Amenities: Dock
  • Architecture Style: Other

MAP & DIRECTIONS

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6132 Romaine Street, Los Angeles, CA 90038
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School Information

6132 Romaine Street, Los Angeles, CA 90038

Elementary School
Grades KG-3 | Public School
HOLLYWOOD PRIMARY CENTER
Los Angeles, CA 90038
1115 Tamarind Ave
323.­464.0331
Distance: 0.4 mi
School Rating
D
Student:Teacher Ratio
19:1
Total Students
190
Middle School
Grades 6-8 | Public School
BANCROFT MIDDLE SCHOOL
Los Angeles, CA 90038
929 N Las Palmas Ave
323.­993.3400
Distance: 0.6 mi
School Rating
C
Student:Teacher Ratio
16:1
Total Students
549
High School
Grades 9-12 | Public School
FAIRFAX HIGH SCHOOL
Los Angeles, CA 90046
7850 Melrose Ave
323.­370.1200
Distance: 2.0 mi
School Rating
B
Student:Teacher Ratio
22:1
Total Students
1846
Other Nearby Schools Distance Type Grades School Rating
Vine Street Elementary 0.1 mi Public KG-6 C
The Episcopal School Of Los Angeles 0.2 mi Private 6-12
Christ The King School 0.5 mi Private KG-8
California University Fce 0.5 mi Private 9-12
Beverly Hills Resources Corporation School Dba Bev 0.5 mi Private PK-4
Page Academy-hancock Park 0.5 mi Private PK-8
Santa Monica Boulevard Community Charter 0.6 mi Public KG-6
Santa Monica Boulevard Community Charter 0.6 mi Public KG-6 B+
Joseph Le Conte Middle School 0.6 mi Public 6-8 C
Citizens Of The World Charter School Hollywood 0.7 mi Public KG-5 B
Richard A. Alonzo Community Day 0.7 mi Public 7-12 D-
Van Ness Avenue Elementary 0.8 mi Public KG-5 C+
Stem Academy Of Hollywood 0.8 mi Public 9-12 A-
Apex Academy 0.8 mi Public 7-12 D+
Helen Bernstein High School 0.8 mi Public 9-12 D-
Selma Avenue Elementary 0.9 mi Public PK-5
Hollywood Preschool & Kindergarten 1.0 mi Private PK-KG
Grant Elementary School 1.0 mi Public KG-6 C+
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Los Angeles, CA 90038

Median Age: 35.9
Married: 25%
Number of Households: 11,924
Households with Children: 15.2%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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