Los Angeles, CA 90006,2625 San Marino ST
Los Angeles, CA 90006,2625 San Marino ST
Los Angeles, CA 90006,2625 San Marino ST
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$1,899,000
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6,751 Sqft Lot
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2625 San Marino ST Los Angeles, CA 90006

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25179978

HOA Y/N No

Year Built 1916

Lot Size 6,751 Sqft

Property Sub-Type Quadruplex

Property Description

Fully Renovated, Turnkey 4-Unit Investment in Prime Koreatown!

Discover your next perfect, hassle-free investment in one of Los Angeles' most sought-after neighborhoods. This fully modernized four-unit multifamily property has been upgraded from top to bottom—no detail overlooked—making it an ideal addition to any portfolio.

Each spacious apartment offers 2 bedrooms, 1 bathroom, with 2 dens, storage room, and laundry room and approximately 1,170 sq ft of beautifully updated living space. Complete renovations include:

-Infrastructure Upgrades:

-New sewer lines, updated plumbing fixtures, and full electrical modernization (wiring, subpanels, switches, outlets, and lighting).
-Modern Comforts: In-unit washer/dryer hookups, new dishwashers hookups, and energy-efficient 3-zone mini-split HVAC systems.
-Stylish Finishes: New doors, drywall, fresh paint, white shaker kitchen cabinets with quartz countertops, premium stainless-steel appliances, and new durable flooring.
-Bathroom Refresh: Contemporary vanities, new toilets, and modern fixtures.
-Exterior Enhancements: Motorized, remote-controlled driveway security gate, roof repairs, and meticulously detailed windows with new wheels and parts.

Property Highlights:

-Covered carport with a total of 8 off-street parking spaces (2 per unit).
-Lush, mature landscaping including banana and avocado trees.
-$138,600 annual rental income.
-Attractive around 6% cap rate and 13.7 GRM.
-Tenants pay 100% of utilities; each apartment has its own electrical meter, gas meter, and water heater.
-Prime location with a Walk Score of 95 and Transit Score of 82.

Additional Information:
Photos are virtually staged with furniture. No furniture comes with the sale. Do not disturb tenants. Showings will be conducted with an accepted offer. The listing agent holds a co-ownership interest in the property !

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR4

Interior

Heating Ductless, High Efficiency

Cooling Ductless, Electric, High Efficiency, Heat Pump

Fireplaces Type Bath, Den, Electric, Gas, Kitchen, Living Room, Primary Bedroom, Outside

Fireplace Yes

Appliance Dryer, Washer

Laundry Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room

Exterior

Parking Features Assigned, Detached Carport

Carport Spaces 5

Pool None

Community Features Park, Storm Drain(s), Sidewalks

Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

Total Parking Spaces 8

Private Pool No

Building

Lot Description 2-5 Units/Acre, Garden, Landscaped, Near Public Transit

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5077027015

Acceptable Financing Cash, Cash to Existing Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, Government Loan, VA Loan

Listing Terms Cash, Cash to Existing Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, Government Loan, VA Loan

Special Listing Condition Standard


CRMLS – RECore
Listed by Ryan Smagacz Real Broker 951-296-8095

GET MORE INFORMATION

agent

Frances Inda

Realtor | License ID: 01785933

+1(858) 753-3405

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2625 San Marino ST