2869 San Marino Street is a charming 20-unit investment opportunity, ideally located in Koreatown (90006), one of LA's most dynamic neighborhoods. The offering, built in 1923, provides approx. 33% rental upside potential making this an ideal investment for the savvy investor looking for long term rent appreciation and a consistent, appreciating asset. 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. The location is in high demand and as a result, current management sees vacancies rent rapidly. Building amenities include common area laundry facilities (leased equipment 2 washers and 2 dryers), decorative common areas with wood flooring and decorative treatments.
Off market
Street View
$3,050,300
2869 San Marino St, Los Angeles, CA 90006
--beds
20baths
8,900sqft
MultiFamily
Built in 1923
-- sqft lot
$3,050,300 Zestimate®
$343/sqft
$2,332 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 20
Cooling
- Other
Interior area
- Total interior livable area: 8,900 sqft
Property
Lot
- Size: 7,426 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1923
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- PropertyType: Residential Income
- SourceLivingArea: Vendor Enhanced
- Equipment: Other
- Cooling: Other
- SourceLotSizeArea: Vendor Enhanced
- ListingArea: Mid-Wilshire
- Heating: Other
- ParkingGarage: Other
- ListingStatus: Pending
- UnitTypeType: 2106
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Estimated market value
$3,050,300