2683 San Marino Street,Los Angeles, CA 90006
Los Angeles, CA 90006
Description
23-Unit | New Construction | Section 8 Tenants | No Rent Control Property Overview Situated in the heart of Koreatown, 2683 San Marino St is a brand-new 23-unit multifamily development completed in 2025. Rising six stories, this contemporary building offers a unit mix of 1-bedroom, 1-bathroom units which is extremely popular in this area demographic and is ideally positioned for long-term cash flow and stability. Investment Highlights NEWLY CONSTRUCTED 2025 - Modern construction, low maintenance No Rent Control Section 8 Approved - Stable, guaranteed rental income 13 Parking Spaces - On-site tenant convenience Potential to Add 2 ADUs - Expand cash flow Offering Details Price: Unpriced - Submit Best Offer CAP Rate (Pro Forma): 4.15% GRM: 17.34 Lot Size: 15,500 SF Stories: 6 Units: 23 (All 1 Bed / 1 Bath)
Details
| MLS # | SR25247415 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2025 |
| Days On Site | 305 |
| Listing Provided By | Drona Realty & Mortgages | Veer Jain |
Features
| SQ Feet | 15,500 |
|---|---|
| Story(s) | 6 |
| Units | 23 |
| Building(s) | 1 |
| Acreage | 0.16 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Natural Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Security Features | Security Gate, Smoke Detectors |
|---|---|
| Lot Features | Twenty One To Twenty Five Units Acre |
Utilities
| Utilities | Water Available |
|---|---|
| Electric | Electricity On Property |
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90006 |
| Area | C42 Downtown L.A. |
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90006 |
| Area | C42 Downtown L.A. |
