2763 San Marino, Los Angeles, CA 90006
2763 San Marino, Los Angeles, CA 90006
2763 San Marino, Los Angeles, CA 90006
2763 San Marino, Los Angeles, CA 90006
2763 San Marino, Los Angeles, CA 90006
2763 San Marino, Los Angeles, CA 90006
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$ 2,050,000
Est. payment | /mo

6,756 Sqft Lot


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$ 2,050,000
Est. payment | /mo
Save

6,756 Sqft Lot

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26204611

HOA Y/N No

Year Built 1988

Lot Size 6,756 Sqft

Property Sub-Type Mixed Use

Property Description

This eight-unit multifamily property presents an attractive investment opportunity in a pocket of Los Angeles bordering Koreatown. Constructed in 1988, the property is not subject to the City of Los Angeles Rent Stabilization Ordinance and is only subject to AB 1482 statewide rent control. Family owned for the past 13 years, the property features an excellent unit mix consisting entirely of 2-bedroom/1-bath units, along with 15 on-site parking spaces for eight units.
Ideally situated near Koreatown, the property provides residents with convenient access to employment centers, retail, dining, and entertainment throughout the immediate area. The property is also near the Wilshire/Vermont Metro Station, offering access to the B and D Lines and convenient connectivity throughout Los Angeles.
The property is located within a 10-minute drive of approximately 48 million square feet of office space, providing access to one of the region's largest concentrations of employment and supporting continued rental demand. Combined with its central location, transit accessibility, and proximity to major employment centers, the property is well positioned to attract tenants seeking convenient access throughout Los Angeles.
With its 1988 construction, favorable rent control profile, 100% 2-bedroom unit mix, and ample on-site parking, 2763 San Marino Street represents a compelling opportunity to acquire a well-located multifamily asset with strong long-term fundamentals.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Converted Garage

Garage Spaces 14.0

Garage Description 14.0

Pool None

Community Features Biking, Sidewalks

Total Parking Spaces 14

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 3

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5077028024

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Woody Stahl Lyon Stahl Investment Real Est broker@lyonstahl.com, DRE #01399621

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