2683 San Marino Street, Los Angeles, CA 90006

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Multi family2683 San Marino Street, Los Angeles, CA 90006

    Basics Details

    • Date added: Added 3 weeks ago
    • Type:
    • Building Area: 15,500 sq ft
    • Lot size, sq ft: 6,752 sq ft
    • Zoning:
    • # Of Units: 23

    Description

    • 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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    858-538-7774

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