Vacant Land $ 5,500,000

6132 Romaine ST

Los Angeles, CA 90038

  • 0.45 Lot Size
  • - Year Built
*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 R4, 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.
Listed by Mills Realty of California

PROPERTY DETAIL

  • Key Details

    Property Type Vacant Land

    Listing Status Active

    Purchase Type For Sale

    MLS Listing ID SR25010832

    HOA Y/N No

    Lot Size 0.449 Acres

  • Location

    State CA

    County Los Angeles

    Area C20 - Hollywood

    Zoning LAR4

  • Building

    Lot Description Front Yard, Near Public Transit, Street Level, Value In Land

    Sewer Public Sewer

    Water Public

    New Construction No

  • Interior

    Fireplace No

  • Exterior

    Fence Average Condition

    Community Features Sidewalks

    Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

    View Y/N No

    View None

  • Others

    Senior Community No

    Tax ID 5534026007

    Acceptable Financing 1031 Exchange

    Listing Terms 1031 Exchange

    Special Listing Condition Standard

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CONTACT

Simon Mills
Simon Mills

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