2845 San Marino Street is an attractive 20-unit investment opportunity located in Koreatown. The offering, built in 1922, is an opportunity for the savvy investor to purchase an apartment building in a desirable Los Angeles submarket and see immediate returns with further rental upside and long-term rent appreciation. Current ownership has conducted meaningful and material upgrades throughout the building. The unit composition consists of twenty (20) Studio apartments featuring a combination of various interior improvements such as new tile flooring and/or original hardwood flooring (either exposed or otherwise), plus kitchen and bath enhancements. Building amenities include common area laundry facilities (leased equipment ; 2 washers and 2 dryers), decorative common areas with wood flooring, and decorative treatments. Electricity is separately metered and gas utilities are master metered. See Private Remarks for details on assumable financing.
Off market
$3,053,200
2845 San Marino St, Los Angeles, CA 90006
--beds
20baths
7,684sqft
MultiFamily
Built in 1922
-- sqft lot
$3,053,200 Zestimate®
$397/sqft
$2,372 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 20
Cooling
- Other
Interior area
- Total interior livable area: 7,684 sqft
Property
Lot
- Size: 6,751 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1922
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- Heating: Wall
- ListingStatus: Active
- PropertyType: Residential Income
- SourceLotSizeArea: Assessor
- Equipment: Other
- Cooling: Other
- SourceLivingArea: Assessor
- ListingArea: Mid-Wilshire
- Country: US
- UnitTypeType: 2106
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Estimated market value
$3,053,200