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2683 San Marino Street, Los Angeles, CA 90006
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2683 San Marino Street
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  • MLS#: SR25087708 ( Multi Family )
  • Street Address: 2683 San Marino Street
  • Viewed: 6
  • Price: $0
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2025
  • Bldg sqft: 0
  • Days On Market: 41
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90006
  • Provided by: Drona Realty & Mortgages
  • Contact: Veer Veer
  • California Regional MLS IDX
  • DMCA Notice
  • 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)
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Features
Assetclass
  1. Multi-Family
Building Area Total
  1. 15500.00
Building Features
  1. Elevators
Commoninterest
  1. None
Cooling
  1. Central Air
Country
  1. US
Electric
  1. Electricity - On Property
Expense Year
  1. 2025
Heating
  1. Natural Gas
Insurance Expense
  1. 20000.00
Land Use
  1. Multi-Family
Laundry Features
  1. Common Area
Laundry Income
  1. 4200.00
Netoperatingincome
  1. 435940.00
Otherincome1
  1. 1800.00
Parcel Number
  1. 5077027023
Postalcodeplus4
  1. 1801
Property Type
  1. Multi Family
Security Features
  1. Automatic Gate
  2. Smoke Detector(s)
Totalexpenses
  1. 169532.00
Totalmonthlyrent
  1. 2172
Utilities
  1. Water Available
Water Source
  1. Public
Year Built
  1. 2025
Year Built Source
  1. Builder