$ 10,500,000
-
$10,500,000
Price -
0
Bed -
0
Bath -
15,500
SqFt
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About the Listing SR0164700 - SR195549581
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)
Listing Highlights
Status
Active
Days on Site
51
Property Type
Commercial Sale
MLS ®
SR25247415
Year Built
2025
Total Square Footage
15,500
Lot/Acreage
N/A
County
Los Angeles
Area
C42 - Downtown L.A.
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Roof:
- Others: 2+ Total Units
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5077027023
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
2683 San Marino St Los Angeles, CA 90006
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