About 2683 San Marino Street
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)
Features of 2683 San Marino Street
| MLS® # | SR25087708 |
|---|---|
| Bathrooms | 0.00 |
| Acres | 0.16 |
| Year Built | 2025 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 2683 San Marino Street |
|---|---|
| Area | C42 - Downtown L.A. |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90006 |
Amenities
| Utilities | Water Available |
|---|---|
| Parking Spaces | 13 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Natural Gas |
|---|---|
| Cooling | Central Air |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 6 |
Exterior
| Lot Description | TwentyOneToTwentyFiveUnitsAcre |
|---|
Additional Information
| Date Listed | April 21st, 2025 |
|---|---|
| Days on Market | 166 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Veer Jain |
|---|---|
| Office | Drona Realty & Mortgages |