Nestled in the heart of Mid-Wilshire’s highly sought-after Koreatown neighborhood, this well maintained, pride-of-ownership four-unit apartment building offers stable income and is designated within an Opportunity Zone. Each updated unit features two bedrooms and one bathroom, with two situated on the first level and two perched on the second. All adorned with luxury vinyl hardwood floors, recessed lighting, updated kitchens with quartz countertops, in-unit washer and dryer, and a balcony or patio. Originally built in 1912, the property underwent extensive renovations in 2013, including updates to HVAC, electrical, plumbing, and low-voltage systems, along with modernized interior and exterior finishes. This property presents an outstanding opportunity for investors seeking a strong return and a cash-flowing asset in a competitive rental market. It’s also an excellent option for a 1031 Exchange Buyer or Owner/User. Located just minutes away from DTLA, Metroline, 10/110 freeways, and all the wonderful things Koreatown has to offer. Please DO NOT disturb the tenants.
Property Details
Price:
$1,298,000
MLS #:
25489425
Status:
Active
Baths:
0
Address:
3166 San Marino Street
Type:
Residential Income
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
Jan 27, 2025
State:
CA
ZIP:
90006
Lot Size:
2,438 sqft / 0.06 acres (approx)
Year Built:
1912
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Schools
Interior
Appliances
Disposal, Microwave, Refrigerator, Gas Cooktop, Oven
Cooling
Central Air
Fireplace Features
None
Flooring
Tile
Heating
Central, Wall Furnace
Exterior
Parking Features
Off Site, Driveway
Parking Spots
1.00
Pool Features
None
Security Features
Gated Community
Sewer
Other
Spa Features
None
Stories Total
2
View
City Lights
Financial
Tenant Pays
Electricity, Gas, Trash Collection
Map
Community
- Address3166 San Marino Street Los Angeles CA
- AreaC17 – Mid-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
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3166 San Marino Street
Los Angeles, CA
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