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.
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
Est.:
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
- 11 days
- on Zillow |
- 236 |
- 6 |
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#: DW25179978
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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