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$ 2,050,000
Est. payment /mo
New
2763 San Marino Los Angeles, CA 90006
6,756 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26204611
HOA Y/N No
Year Built 1988
Lot Size 6,756 Sqft
Property Sub-Type Mixed Use
Property Description
This eight-unit multifamily property presents an attractive investment opportunity in a pocket of Los Angeles bordering Koreatown. Constructed in 1988, the property is not subject to the City of Los Angeles Rent Stabilization Ordinance and is only subject to AB 1482 statewide rent control. Family owned for the past 13 years, the property features an excellent unit mix consisting entirely of 2-bedroom/1-bath units, along with 15 on-site parking spaces for eight units.
Ideally situated near Koreatown, the property provides residents with convenient access to employment centers, retail, dining, and entertainment throughout the immediate area. The property is also near the Wilshire/Vermont Metro Station, offering access to the B and D Lines and convenient connectivity throughout Los Angeles.
The property is located within a 10-minute drive of approximately 48 million square feet of office space, providing access to one of the region's largest concentrations of employment and supporting continued rental demand. Combined with its central location, transit accessibility, and proximity to major employment centers, the property is well positioned to attract tenants seeking convenient access throughout Los Angeles.
With its 1988 construction, favorable rent control profile, 100% 2-bedroom unit mix, and ample on-site parking, 2763 San Marino Street represents a compelling opportunity to acquire a well-located multifamily asset with strong long-term fundamentals.
Ideally situated near Koreatown, the property provides residents with convenient access to employment centers, retail, dining, and entertainment throughout the immediate area. The property is also near the Wilshire/Vermont Metro Station, offering access to the B and D Lines and convenient connectivity throughout Los Angeles.
The property is located within a 10-minute drive of approximately 48 million square feet of office space, providing access to one of the region's largest concentrations of employment and supporting continued rental demand. Combined with its central location, transit accessibility, and proximity to major employment centers, the property is well positioned to attract tenants seeking convenient access throughout Los Angeles.
With its 1988 construction, favorable rent control profile, 100% 2-bedroom unit mix, and ample on-site parking, 2763 San Marino Street represents a compelling opportunity to acquire a well-located multifamily asset with strong long-term fundamentals.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Interior
Fireplace No
Laundry Common Area
Exterior
Parking Features Converted Garage
Garage Spaces 14.0
Garage Description 14.0
Pool None
Community Features Biking, Sidewalks
Total Parking Spaces 14
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 3
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5077028024
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
Listed by Woody Stahl Lyon Stahl Investment Real Est broker@lyonstahl.com, DRE #01399621