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2683 San Marino Street
Los Angeles, CA 90006
FOR
SALE
Call for price
Active
0.16
Acres
2025
Yr. Built
MLS# SR25087708
Cumulative Days on Market: 98 (since April 23rd, 2025) Data provided by the MLS.

Property Description

23-Unit | New Construction | Section 8 Tenants | No Rent Control Property OverviewSituated 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 HighlightsNEWLY CONSTRUCTED 2025 Modern construction, low maintenanceNo Rent ControlSection 8 Approved Stable, guaranteed rental income13 Parking Spaces On-site tenant conveniencePotential to Add 2 ADUs Expand cash flow Offering DetailsPrice: Unpriced Submit Best OfferCAP Rate (Pro Forma): 4.15%GRM: 17.34Lot Size: 15, 500 SFStories: 6Units: 23 (All 1 Bed / 1 Bath)

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Property Highlights

Property Type
Commercial Sale
Property Sub Type
Multi Family
Living Area
0.00
Acres
0.16
Year Built
2025

Location

County
Los Angeles

Property Details

Property Sub Type
Multi Family
Property Type
Commercial Sale

Building

Stories
6
Total Area
15,500

Interior Features

Area and Spaces

Number of Units
23

Interior Features

Electic
Electricity On Property
Laundry Features
Common Area
Security Features
Security Gate, Smoke Detectors

Heating and Cooling

Heating Features
Natural Gas

Building Details

Construction

Year Built
2025

Terms

Commercial

Cap Rate
4.15

Heating, Cooling & Utilities

Cooling Features
Central Air

Utilities

Utilities
Water Available
Water Source
Public

Lot

Acres
16
Lot Features
Twenty One To Twenty Five Units Acre
Lot Size
6,752
Lot Size Area Sq Ft
6,752

Parking

Total Parking Spaces
13
Listed by Veer Jain, Drona Realty & Mortgages, 805-573-8337.
Listing Data last updated 07/29/2025 10:00 am
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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 29-Jul-2025 and are subject to change without notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
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Property History

10 days ago
Property information last updated
97 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 98 (since April 23rd, 2025) Data provided by the MLS.

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The content relating to real estate in this web site comes in part from the Internet Data eXchange (IDX) program of California Regional (CRMLS). This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Display of MLS data and information is usually deemed reliable but is not guaranteed accurate by the MLS. Supplied Open House Information is subject to change without notice. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Broker/Agent may have been included in the MLS data. The Broker/Agent operating this web site believes the data here to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All information is subject to change and should be independently verified.
© 2025 California Regional (CRMLS).

Listing Data last updated: 07/29/2025 10:00 am
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