NOT LISTED FOR SALE

6037 Romaine St Los Angeles, CA 90038

Hollywood Neighborhood

Estimated Value: $1,060,000 - $1,491,000

0.14 Acre
$9,580,514 Price per Acre
6,507 Sq Ft Lot

Last Sold September 21, 2018

Last sale price $1,249,000 $1,385 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,383/month

27 Days on Market

About This Lot

As of September 2018

DEVELOPMENT OPPORTUNITY! LOCATION! LOCATION! Seller willing to assist in relocation of tenants! 3 apartment units on 6,500 SQFT LAR3 Lot Tier 3 TOC with an alley access. Potential to build 8-13 apartment units, centrally located in a very desired pocket of Hollywood, just west of the Hollywood Forever and Paramount studios, surrounded by restaurants and shops, just North of Larchmont BLvd.

Last Agent to Sell the Property

Yohann Bensimon

Keller Williams Hollywood Hills License #01966630 Listed on: 05/19/2018

Keller Williams Hollywood Hills

Last Buyer's Agent

Out of Area Out of Area

Out of Area

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,586

Lot Details

  • 6,507 Sq Ft Lot
  • Property is zoned LAR3

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 5534-023-015

Property Details

Property Type

Land

Est. Annual Taxes

$13,586

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 5534-023-015
  • Geocode Override: No
  • Lot Size Area: 6507

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2020
Sold by
Civic Real Estate Holdings Iii Llc
Bought by
6037 Romaine Llc
Current Estimated Value
$1,341,272

Purchase Details

Closed on
Jun 1, 2020
Sold by
Civic Securitization Trust Ii
Bought by
2015 Real Estate Holdings Iii Llc

Purchase Details

Closed on
Jan 29, 2020
Sold by
Lexington 12 Llc
Bought by
Civic Securitization Trust Ii

Purchase Details

Closed on
May 10, 2018
Sold by
Alvarado Joel
Bought by
Lexington 12 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,200
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 2008
Sold by
Alvarado Joel and Hernandez Gorgonia Edith
Bought by
Alvarado Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2003
Sold by
Arevalo Eduardo and Arevalo Elizabeth
Bought by
Alvarado Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,800
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 1998
Sold by
Vargas Jose A and Vargas Esther M
Bought by
Arevalo Eduardo and Arevalo Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,550
Interest Rate
7.06%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
6037 Romaine Llc $1,030,000 Usa National Title Company
2015 Real Estate Holdings Iii Llc -- None Available
Civic Securitization Trust Ii $966,000 None Available
Lexington 12 Llc $1,249,000 North American Title Company
Alvarado Joel -- Southland Title
Alvarado Joel $346,000 Southland Title
Arevalo Eduardo $178,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lexington 12 Llc $999,200
Previous Owner Lexington 12 Llc $999,200
Previous Owner Alvarado Joel $390,300
Previous Owner Alvarado Joel $420,000
Previous Owner Alvarado Joel $393,750
Previous Owner Alvarado Joel $276,800
Previous Owner Arevalo Eduardo $208,302
Previous Owner Arevalo Eduardo $13,000
Previous Owner Arevalo Eduardo $173,550
Closed Alvarado Joel $51,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2018 09/21/18 Sold $1,249,000 0.0% $1,385 / Sq Ft
09/21/2018 09/21/18 Sold $1,249,000 0.0% $622 / Sq Ft
05/24/2018 05/24/18 Price Changed $1,249,000 0.0% $622 / Sq Ft
05/19/2018 05/19/18 For Sale $1,249,000 -3.8% $1,385 / Sq Ft
04/19/2018 04/19/18 For Sale $1,299,000 -- $647 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,586 $1,114,904 $1,082,432 $32,472
2024 $13,586 $1,093,044 $1,061,208 $31,836
2023 $13,329 $1,071,612 $1,040,400 $31,212
2022 $12,720 $1,050,600 $1,020,000 $30,600
2021 $12,561 $1,030,000 $1,000,000 $30,000
2020 $15,744 $1,273,980 $1,020,000 $253,980
2019 $15,121 $1,249,000 $1,000,000 $249,000
2018 $5,607 $440,409 $318,219 $122,190
2017 $5,492 $431,775 $311,980 $119,795
2016 $5,355 $423,310 $305,863 $117,447
2015 $5,280 $416,952 $301,269 $115,683
2014 $5,324 $408,785 $295,368 $113,417
Source: Public Records

Agents Affiliated with this Home

  • Yohann Bensimon

    Seller's Agent in 2018

    Yohann Bensimon

    Keller Williams Hollywood Hills

    (310) 801-1242

    11 in this area

    47 Total Sales

    Yohann Bensimon
    Section Image

  • O

    Buyer's Agent in 2018

    Out of Area Out of Area

    Out of Area

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Map

Source: The MLS

MLS Number: 18-338818

The MLS

APN: 5534-023-015

California Los Angeles County Los Angeles 90038 Hollywood

6037 Romaine St, Los Angeles, CA

This home is located at 6037 Romaine St, Los Angeles, CA 90038 since 19 May 2018 and is currently estimated at $1,341,272, approximately $1,486 per square foot. 6037 Romaine St is a home located in Los Angeles County with nearby schools including Vine Street Elementary School, Hollywood Elementary School, and Hubert Howe Bancroft Middle School.

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