Address
2845 San Marino Street Los Angeles, CA
Price
$ 3,550,000
Property Attributes
  • MLS#20626074
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid-Wilshire
  • Zip90006
  • Style
  • Price$ 3,550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,534 SqFt
Listing Provided Courtesy Of:
Nick Astrupgaard with KW Commercial Studio City.
Property Description

2845 San Marino Street is an attractive 20-unit investment opportunity located in Koreatown. The offering, built in 1922, is an opportunity for the savvy investor to purchase an apartment building in a desirable Los Angeles submarket and see immediate returns with further rental upside and long-term rent appreciation. Current ownership has conducted meaningful and material upgrades throughout the building. The unit composition consists of twenty (20) Studio apartments featuring a combination of various interior improvements such as new tile flooring and/or original hardwood flooring (either exposed or otherwise), plus kitchen and bath enhancements. Building amenities include common area laundry facilities (leased equipment | 2 washers and 2 dryers), decorative common areas with wood flooring, and decorative treatments. Electricity is separately metered and gas utilities are master metered. See Private Remarks for details on assumable financing.

Price History
8/31/2020 Listed $3,550,000

General Features

Co-Listing Agent Last Name Johns
Co-Listing Agent Last Name Rich
Co-Listing Agent State License # 01432215
Co-listing Agent Rich Johns - BRE#01432215
Directions GPS
Heating Wall Furnace
Listagentaor Beverly Hills/Greater LA
Listing Agent Nick Astrupgaard - BRE#01893466
Listing Agent State License 01893466
MLS Area C17 - Mid-Wilshire
Parking Features None
Source System CRMLS
Special Listing Conditions Standard
Total Units 20
Zoning LAR4

Interior Features

Heating Y/N Yes
Total Stories 2

Exterior Features

Lot Size Acres 0.1500
Lot Size Area 6750.0000
Lot Size Source Assessor
Lot Size Square Feet 6750.00
Lot Size Units Square Feet
Number of Buildings 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90006

Price
AVG $1.74M
$3.55M
Visits
AVG 31
66
Year Built
AVG 1933
1922
Walkscore
AVG 92
96
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover