We are pleased to present a four (4) unit apartment building located at 2625 San Marino Street in Los Angeles, California. The subject property is situated in a n ideal Koreatown location, west of S Hoover St and north of W Olympic Boulevard. Built in 1916, this property of a streamlined unit mix of four (4) one-bedroom / one-bathroom units. All four (4) units will be delivered vacant. The units are very spacious averaging over 1,150 square feet each and include washer and dryer hookups. Senate Bill 1211, which recently was signed by the governor, allows for the potential to double the unit count by converting the carports located in the bac k of the property into individual ADU unit(s). This asset also boasts easily maintained landscaping with lovely curb appeal. The surrounding area also features many other wonderful amenities including MacArthur Park, Coffee MCO, Langer’s Delicatessen-Restaurant, The Bellwether, and Dynasty Typewriter. This property is also located only a few blocks from the Westlake/MacArthur Metro Line providing tenants immediate access to major employment hubs throughout Los Angeles. Situated in an ideal Koreatown location, this offering presents an excellent opportunity for any investor to capitalize on a completely vacant building with the potential to double the unit count.
Property Details
Price:
$1,395,000
MLS #:
24465163
Status:
Active Under Contract
Baths:
0
Address:
2625 San Marino Street
Type:
Residential Income
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
Nov 19, 2024
State:
CA
ZIP:
90006
Lot Size:
6,752 sqft / 0.16 acres (approx)
Year Built:
1916
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Schools
Interior
Heating
Wall Furnace
Exterior
Lot Features
Landscaped
Parking Features
Carport
Parking Spots
5.00
Pool Features
None
Security Features
Gated Community
Spa Features
None
Stories Total
2
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Map
Community
- Address2625 San Marino Street Los Angeles CA
- AreaC17 – Mid-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
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2625 San Marino Street
Los Angeles, CA
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