$10,500,000

2683 San Marino Street, Los Angeles, CA 90006

  • 15,500 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2025
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $677/sqft
  • Property List Date Icon Listed 5 months ago

Property 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)

Listing Status:
Active
Date Added:
October 25, 2025
Data Last Updated:
April 15, 2026 at 1:08AM
Listing Office:
Drona Realty & Mortgages : 805-233-2366
Listing Agent:
Veer Jain : 805-573-8337
MLS ID:
CRSR25247415
  • General: Elevator
  • A/C: Central Air
  • Heating: Natural Gas
  • Parking: Electric Gate
  • County: Los Angeles
  • Zoning: 5077027023
  • Utilities: Electricity ConnectedOther

This listing courtesy of Veer Jain , Drona Realty & Mortgages

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hoover Street Elementary

2726 Francis Ave, Los Angeles, CA, 90005

Grades KG-5

0.12 miles away

H

Harold Mcalister High (Opportunity)

611 S Carondelet St, Los Angeles, CA, 90057

Grades 6-12

0.55 miles away

H

Harold Mcalister High (Opportunity)

611 S Carondelet St, Los Angeles, CA, 90057

Grades 6-12

0.55 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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