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5154 Romaine Street, Los Angeles, California 90029, Los Angeles, 90029 - bed, bath

5154 Romaine Street, Los Angeles, California 90029 home-pic-0
ACTIVE$1,100,000
5154 Romaine Street, Los Angeles, California 90029
0Bed
0Bath
2,789Sqft
2,789Lot
Year Built
1924
Close
-
List price
$1.1M
Original List price
$1.2M
Price/Sqft
$394
HOA
-
Days on market
-
Sold On
-
MLS number
SR24125733
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.10M(50th), sqft - 2789(33th), beds - undefined(50th), baths - undefined(50th).

Welcome to 5154 Romaine Street, situated in the vibrant city of Los Angeles. This charming multi-family residence comprises two units, each offering 3 bedrooms and 1.5 bathroom across a spacious 2,512SqFt of living space. Both units feature well-appointed kitchens, expansive living rooms, designated dining areas, and convenient laundry facilities. The upper unit grants access to a private patio, ideal for creating a serene retreat or hosting outdoor gatherings. Each bedroom is generously proportioned, providing ample space for personalization and comfort. The bathrooms are equipped with shower-in tubs, combining functionality with convenience. There is also 1 half bathroom downstairs. Perfect for a growing family or as an investment property with roommates, this home boasts easy access to the 101 freeway, ensuring effortless commuting. It is conveniently located near the Lemon Grove Recreation Center and a variety of dining options, offering abundant local amenities. Don't let this opportunity pass by to live in a sought-after Los Angeles neighborhood!

Nearby schools

5/10
Kingsley Elementary School
Public,•K-5•0.3mi
3/10
Ramona Elementary School
Public,•K-6•0.4mi
4/10
Alexandria Avenue Elementary School
Public,•K-5•0.8mi
3/10
Harvard Elementary School
Public,•K-5•0.8mi
6/10
Van Ness Avenue Elementary School
Public,•K-5•0.9mi
4/10
Lockwood Avenue Elementary School
Public,•K-6•0.9mi
4/10
Grant Elementary School
Public,•K-6•0.9mi
/10
Lexington Avenue Primary Center
Public,•K-2•1.0mi
6/10
Dayton Heights Elementary School
Public,•K-5•1.0mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•1.2mi
5/10
Cahuenga Elementary School
Public,•K-5•1.2mi
6/10
Charles H. Kim Elementary School
Public,•K-5•1.2mi
4/10
Frank Del Olmo Elementary School
Public,•K-6•1.3mi
7/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Public,•K-5•1.3mi
3/10
Joseph Le Conte Middle School
Public,•6-8•0.9mi
5/10
Virgil Middle School
Public,•6-8•1.2mi
6/10
Thomas Starr King Middle School
Public,•6-8•1.4mi
4/10
Young Oak Kim Academy
Public,•6-8•1.9mi
7/10
John Burroughs Middle School
Public,•6-8•2.5mi
4/10
Helen Bernstein High School
Public,•9-12•0.7mi
8/10
John Marshall Senior High School
Public,•9-12•2.0mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•2.0mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•2.0mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•2.0mi
6/10
Hollywood Senior High School
Public,•9-12•2.1mi
3/10
Belmont Senior High School
Public,•9-12•3.0mi
7/10
Fairfax Senior High School
Public,•9-12•3.2mi

Price History

Date
Event
Price
12/04/12
Sold
$489,000
02/24/11
Sold
$315,000
04/24/03
Sold
$191,000
06/22/99
Sold
$160,000
Condition Rating
Fair
Built in 1924, this property is 100 years old and shows significant signs of age. The kitchens are notably outdated; one features very old cabinets, appliances, and linoleum flooring, while the other has an older renovation with tile countertops and oak-style cabinets from 15-25 years ago. Bathrooms, described with 'shower-in tubs,' are likely similarly dated. Flooring is a mix of worn carpet, older tile, and some newer laminate. Basic, older light fixtures are prevalent, and the visible window AC units, coupled with the lack of mentioned central cooling, indicate outdated HVAC. While the property appears functional and maintained, it requires substantial cosmetic updates and likely system upgrades (electrical, plumbing, HVAC) to meet current quality and comfort standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Income-Generating Potential: This multi-family duplex comprises two 3-bedroom, 1.5-bathroom units, offering excellent potential for rental income or owner-occupancy with supplementary income.
Prime Los Angeles Location: Situated in a vibrant and 'sought-after Los Angeles neighborhood' (C20 - Hollywood), the property boasts easy access to the 101 freeway, Lemon Grove Recreation Center, and diverse dining options.
Spacious & Functional Units: Each unit provides generous living space (2,512 SqFt total), featuring well-appointed kitchens, expansive living rooms, designated dining areas, and convenient in-unit laundry facilities.
Private Outdoor Space: The upper unit benefits from a private patio, offering a dedicated outdoor area for relaxation or entertaining.
Strong Historical Appreciation: The property has shown significant value growth over its sales history, indicating robust investment potential within the Los Angeles market.

Cons

Advanced Age of Property: Built in 1924, the property is nearly a century old, which may imply outdated infrastructure (e.g., plumbing, electrical) and potentially higher maintenance or renovation costs.
Limited Lot Size: With a lot size of 2789 SqFt, the property offers minimal outdoor space, which could be a constraint for those desiring larger yards or future expansion.
Lack of Mentioned Cooling System: The property description does not specify the presence of an air conditioning or cooling system, which could be a significant comfort concern and potential upgrade expense in the Los Angeles climate.

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