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$1,595,000
Est. payment /mo
8 Beds
4 Baths
4,680 SqFt
UPDATED:
12/05/2024 02:30 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,680 sqft
Price per Sqft $340
MLS Listing ID 24465163
Bedrooms 8
Construction Status Fixer
HOA Y/N No
Year Built 1916
Lot Size 6,751 Sqft
Property Description
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) two-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.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR4
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Features Carport
Carport Spaces 5
Pool None
Community Features Gated
View Y/N Yes
View City Lights
Attached Garage No
Total Parking Spaces 5
Private Pool No
Building
Lot Description Landscaped
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Construction Status Fixer
Others
Senior Community No
Tax ID 5077027015
Security Features Gated Community
Special Listing Condition Standard
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Listed by Jason Tuvia • Marcus & Millichap