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For sale
  • Listing Provided by: 

    Ryan Smagacz DRE #02126879 951-296-8095,

    Real Broker

    Price cut: $100K (8/19)
    $1,799,000

    2625 San Marino St, Los Angeles, CA 90006

    8beds
    4baths
    4,680sqft
    : 
    Quadruplex
    Built in 1916
    -- sqft lot
    $1,740,500 Zestimate®
    $384/sqft
    $-- HOA

    What's special

    Modern fixturesSpacious apartmentRoof repairsNew toiletsNew doorsContemporary vanitiesBanana and avocado trees
    Fully Renovated, Turnkey 4-Unit Investment in Prime Koreatown! Discover your next perfect, hassle-free investment in one of Los Angeles’ most sought-after neighborhoods. This fully modernized four-unit multifamily property has been upgraded from top to bottom—no detail overlooked—making it an ideal addition to any portfolio. Each spacious apartment offers 2 bedrooms, 1 bathroom, with 2 dens, storage room, and laundry room and approximately 1,170 sq ft of beautifully updated living space. Complete renovations include: -Infrastructure Upgrades: New sewer lines, updated plumbing fixtures, and full electrical modernization (wiring, subpanels, switches, outlets, and lighting). -Modern Comforts: In-unit washer/dryer hookups, new dishwashers hookups, and energy-efficient 3-zone mini-split HVAC systems. -Stylish Finishes: New doors, blinds, drywall, fresh paint, white shaker kitchen cabinets with quartz countertops, premium stainless-steel appliances, and new durable flooring. -Bathroom Refresh: Contemporary vanities, new toilets, and modern fixtures. -Exterior Enhancements: Motorized, remote-controlled driveway security gate, roof repairs, termite fumigation of building & carport, and meticulously detailed windows with new wheels and parts. Property Highlights: -Covered carport with a total of 8 off-street parking spaces (2 per unit). -Lush, mature landscaping including banana and avocado trees. -$138,600 annual rental income. -Attractive around 6% cap rate and 13.7 GRM. -Tenants pay 100% of utilities; each apartment has its own electrical meter, gas meter, and water heater. -Prime location with a Walk Score of 95 and Transit Score of 82. Additional Information: Photos are virtually staged with furniture. No furniture comes with the sale. Do not disturb tenants. Showings will be conducted with an accepted offer. The listing agent holds a co-ownership interest in the property.
    11 days
    on Zillow
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    236
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    Zillow last checked: 7 hours ago

    Listing updated: August 19, 2025 at 03:00pm

    Listing Provided by:

    Ryan Smagacz DRE #02126879 951-296-8095,

    Real Broker

    Source: CRMLS,MLS#: DW25179978MLS LogoOriginating MLS: California Regional MLS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 2625 San Marino St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Ductless, High Efficiency
    Cooling
    • Ductless, Electric, High Efficiency, Heat Pump
    Appliances
    • Included: Dryer, Washer
    • Laundry: Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
    Features
    • Has fireplace: Yes
    • Fireplace features: Bath, Den, Electric, Gas, Kitchen, Living Room, Primary Bedroom, Outside
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 4,680
    • Total interior livable area: 4,680 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Assigned, Detached Carport
    • Carport spaces: 5
    • Uncovered spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    Lot
    • Size: 6,752 Square Feet
    • Features: 2-5 Units/Acre, Garden, Landscaped, Near Public Transit
    Details
    • Parcel number: 5077027015
    • Zoning: LAR4
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1916

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

    Community & HOA

    Community
    • Features: Park, Storm Drain(s), Sidewalks
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $384/sqft
    • Tax assessed value: $1,020,000
    • Annual tax amount: $12,893
    • Date on market: 8/9/2025
    • Listing terms: Cash,Cash to Existing Loan,Conventional,Cal Vet Loan,1031 Exchange,FHA,Fannie Mae,Freddie Mac,Government Loan,VA Loan
    • Total actual rent: 11550
    • Tenant pays: All Utilities
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