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)
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)
Property Details
Price:
$0
MLS #:
SR25087708
Status:
Active
Baths:
0
Address:
2683 San Marino Street
Type:
Commercial
Subtype:
Multi Family
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Apr 21, 2025
State:
CA
ZIP:
90006
Year Built:
2025
Schools
Interior
Cooling
Central Air
Heating
Natural Gas
Exterior
Electric
Electricity – On Property
Parking Spots
13.00
Security Features
Automatic Gate, Smoke Detector(s)
Stories Total
6
Water Source
Public
Financial
Utilities
Water Available
Map
Contact Us
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Courtesy of Drona Realty & Mortgages. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 2683 San Marino Street
Los Angeles, CA
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