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$2,800,000   Price Analysis
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8211 Romaine St
West Hollywood, CA 90046
7 bed 4 bath 4,718 SqFt ($593/SqFt)
6,553SqFt lot. Built 1925
Listed 2024-06-26, Taxes $28,926
Ⓧ USDA Ineligible
due to price & location

near West Hollywood

Architecturally stunning corner lot Spanish triplex plus guest room with kitchenette in the heart of WeHo.

This property, comprising two separate structures, offers exceptional income potentil and owner-occupied opportunities. The front structure at 1001 Havenhurst is currently configured as a 3 bed, 1.5 bath unit with a prepaid solar lease until 2038 and 1003 Havenhurst (which will be delivered vacant) is a 2 bed, 1 bath + office unit. Both units have been extensively upgraded and feature their own washer/dryer units, central HVAC and tankless water heaters.

The back structure at 8211 Romaine St. is a 2 bed, 1 bath unit located above three garage spaces and includes a separate guest room with a kitchenette and shared laundry. All units share a serene, sanctuary-like backyard setting. The property comes with two out of three garage spaces, with potential for conversion into an ADU. Centrally loc ated between Santa Monica, Crescent Heights and Melrose, this property offers easy access to shopping at Melrose boutiques, The Grove and Beverly Center, as well as numerous restaurants, entertainment options and public transportation. Ideal for investors or owner-occupants, with residential financing available.


Presented by William Miura at
Assurance Properties.


Property MLS #OC24130321 from CRMLS

Bedrooms: 7

2 Staircases
Balcony
Ceiling Fan(s)
Granite Counters
High Ceilings
Living Room Balcony
Recessed Lighting
Storage
Tile Counters
Unfurnished
Door Features: Panel Doors
Flooring: Carpet, Laminate, Tile
Window Features: Blinds, Double Pane Windows

Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Double Oven, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, High Efficiency Water Heater, Ice Maker, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Water Line to Refrigerator
Appliances YN: Yes
Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Washer Included

Bonus Room, Converted Bedroom, Game Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Office, Walk-In Closet

Cooling Features: Central Air
Fireplace Features: Living Room
Heating Features: Central
Heating: Yes

Full Bathrooms: 4

Lighting
Rain Gutters
Fencing: Fence YN: Yes, Fencing: Wood
Other Structures: Guest House Attached
Road Frontage Type: City Street
Road Surface Type: Paved

Lot Description: Back Yard, Front Yard, Lawn, Sprinkler System, Sprinklers In Front, Yard, Zero Lot Line
Lot Size Acres: 0.1504362
Lot Size Source: Assessor
Lot Size Square Feet: 6553

Garage Spaces: 3
Parking Features: Parking YN: Yes, Parking Features: Garage
Parking Total: 3

View: Hills, Neighborhood

Number of Units: 3
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 2

Calculated Total Monthly Association Fees: 0
Gardener Expense: 1440.00
Maintenance Expense: 3264.00

Number of Units Leased: 2
Tenant Pays: Cable TV, Electricity, Gas
Vacancy Allowance: 3264
Rent Control: Yes

Community Features: Curbs, Gutters, Sidewalks, Street Lights

Source Listing Status: Active
County: Los Angeles
Cap Rate: 3.92
Source Property Type: Residential Income
Inclusions: Prepaid solar lease, refrigerators, washer and dryers.
Insurance Expense: 5000.00
Area: C10 - West Hollywood Vicinity
Source Neighborhood: C10 - West Hollywood Vicinity
New Taxes Expense: 35000.00
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 1
Parcel Number: 5529018013
Pest Control Expense: 500.00
Postal Code Plus 4: 5908
Zoning: WDR2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$475,000 + $1,875,000
$2,350,000
$28,926
2021$631,579 + $1,470,952
$2,102,531
$26,250
2020$625,103 + $1,455,870
$2,080,973
$26,463
2019$612,847 + $1,427,324
$2,040,171
$25,365
2018$600,831 + $1,399,338
$2,000,169
$25,098
2017$589,050 + $1,371,900
$1,960,950
$24,537
2016$577,500 + $1,345,000
$1,922,500
$23,964
2015$411,347 + $1,003,294
$1,414,641
$17,993
2014$403,290 + $983,641
$1,386,931
$17,983
2013$401,468 + $979,196
$1,380,664
$17,942
2012$393,597 + $959,997
$1,353,594
$18,057
2010$385,880 + $941,174
$1,327,054
$17,587
2009$383,907 + $936,360
$1,320,267
$16,900
2009$382,997 + $934,140
$1,317,137
$16,900
2008$376,380 + $918,000
$1,294,380
$17,486
2007$72,087 + $60,007
$132,094
$2,760

Listed 2024-06-26
$2,800,000
CRMLS
Sold 2021-09-01
$2,350,000
CRMLS
Sold 2015-08-14
$1,922,500
Public Record
Listing removed 2009-07-23
$1,775
TheMLSCLAW
Listing removed 2009-07-22
$1,775
ITECH
Price Changed for rent 2009-07-15
$1,775
TheMLSCLAW
Price Changed for rent 2009-06-18
$1,998
TheMLSCLAW
Price Changed for rent 2009-06-12
$2,098
TheMLSCLAW
Listed for rent 2009-05-14
$2,199
TheMLSCLAW
Listed for rent 2009-04-07
$1,775
ITECH
Sold 2007-04-12
$1,269,000
Public Record

Net Operating Income: 156684.00

Total Square Feet Living: 4718
Year Built: 1925
Building Features: 2
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: 1
Foundation Details: Raised
Property Age: 99
Property Attached: Yes
Property Condition: Additions/Alterations, Turnkey, Updated/Remodeled
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Triplex
House Style: Spanish
Year Built Source: Assessor

Electric: Electricity - On Property, Photovoltaics Third-Party Owned
Sewer: Sewer: Public Sewer, Water Sewer Expense: 1324.00
Water Source: Public

Laurel Elementary School is a public elementary and middle school located approximately 0.3 miles away.
directions icon Map directions

Fairfax Senior High School is a public high school located approximately 0.6 miles away.
directions icon Map directions

West Hollywood College Preparatory School is a private elementary, middle and high school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.