2683 San Marino ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90006
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25087708
Year Built 2025
Lot Size 6,751 Sqft
Property Sub-Type Multi Family
Property Description
23-Unit | New Construction | Section 8 Tenants | No Rent Control
Property Overview
Situated in the heart of Koreatown, 2683 San Marino St is a brand-new 23-unit multifamily development completed in 2025. Rising six stories, this contemporary building offers a unit mix of 1-bedroom, 1-bathroom units which is extremely popular in this area demographic and is ideally positioned for long-term cash flow and stability.
Investment Highlights
NEWLY CONSTRUCTED 2025 – Modern construction, low maintenance
No Rent Control
Section 8 Approved – Stable, guaranteed rental income
13 Parking Spaces – On-site tenant convenience
Potential to Add 2 ADUs – Expand cash flow
Offering Details
Price: Unpriced – Submit Best Offer
CAP Rate (Pro Forma): 4.15%
GRM: 17.34
Lot Size: 15,500 SF
Stories: 6
Units: 23 (All 1 Bed / 1 Bath)
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Interior
Heating Natural Gas
Cooling Central Air
Laundry Common Area
Exterior
Utilities Available Water Available
Building
Lot Description 21-25 Units/Acre
Story 6
Water Public
Others
Special Listing Condition Standard