Listed by Veer Jain • Drona Realty & Mortgages
$10,500,000
Est. payment /mo
15,500 SqFt
New
2683 San Marino Street Los Angeles, CA 90006
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Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 15,500 sqft
Price per Sqft $677
MLS Listing ID CRSR25247415
HOA Y/N No
Year Built 2025
Lot Size 6,752 Sqft
Property Sub-Type Comm Ind For Sale
Source Datashare California Regional
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
Interior
Heating Natural Gas
Cooling Central Air
Fireplace No
Building
Water Public
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
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