$5,900,000
19,539 Sqft

6132 Romaine Street, Los Angeles Ca 90038

  • Land Property Type
  • 4 Days Days On Market
Property Description

*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.

Basic Details
Land
Unimproved Land
For Sale
CRSR25010832
$5,900,000
None
4
19,539 Sqft
0.45 Acre
Active
Features
Other Water/Sewer, Sewer Connected, Water Connected
Public Sewer
Address Map
CA
Los Angeles
Los Angeles
90038
Romaine Street
6132
W119° 40' 27.7''
N34° 5' 19.3''
LAR3
South of Santa Monica Blvd, Eas
Additional Info
Mills Realty of California
Simon Mills
Simon@Mills Realty.com
Active
Public
For Sale
Price History
01/01/1970
01/15/2025
$5,900,000
$0
Listing Information
2025-01-16T04:07:04Z
BayEast
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    Agent info
    Lakshmi Suneeta Chinta
    Realty++
    Realty++
    Subhash Kapur
    Realty++
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    Mallik@rRealtyplusplus.com (510) 299-6629