2625 San Marino Street, Los Angeles, CA

$1,799,000

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8

Beds

4

Baths

0.16

Acres

About 2625 San Marino Street

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 bottomno detail overlookedmaking 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, blinds, 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, termite fumigation of building & carport, 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 l

Features of 2625 San Marino Street

MLS® # DW25179978
Price $1,799,000
Bedrooms 8
Bathrooms 4.00
Acres 0.16
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 2625 San Marino Street
Area LOS ANGELES (90006)
City Los Angeles
County Los Angeles
State CA
Zip Code 90006

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Cooling Heat Pump(s)
Fireplace Yes
Stories 2 Story

Exterior

Lot Description Sidewalks

Additional Information

Days on Market 25
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeReal Broker

Listing Map

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