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$1,595,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • Updated 3 days ago
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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.

Full Property Details for 2625 San Marino St

General

  • Price: $1,595,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 24-465163
  • Updated: 11/19/2024
  • Added to Site: 4 day(s) ago

Interior

  • Rooms/Areas: Den

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8

Other Rooms

  • Laundry: In Unit

Additional Information

  • Pool Description: None
  • Spa Description: None
  • Security/Safety: Gated
  • Other Features: Stall(s)

Parking

  • Garage Description: Carport, Detached

Location

  • Area: Mid-Wilshire
  • County: Los Angeles
  • Driving Directions: The subject property is situated in an ideal Koreatown location, west of S Hoover St and north of W Olympic Boulevard.

Heating & Cooling

  • Cooling Type: Air Conditioning
  • Heating Type: Wall

Structural Information

  • # Buildings: 1
  • Common Walls: Attached
  • Stories/Levels: 2
  • Square Feet: 4,680
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1916
  • Year Built Source: Vendor Enhanced
  • Property Condition: No Additions/Alter, Fixer

Unit Information

  • Units in Complex: 4
  • Unit Type: 2106, 2107, 2108, 2109

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 2

Additional Structures

  • Other Structures: Stall(s)

Lot Features

  • Property View: City
  • Lot Size (Acres): 0.155
  • Lot Size: 6752
  • Lot Size Source: Vendor Enhanced
  • Lot Features: City
  • Zoning: LAR4
  • Lot Description: Single Lot, Landscaped

Financial Considerations

  • Price Per Sq. Ft.: $340.81
  • Assessment Year: 1916

Disclosures and Reports

  • Disclosures/Reports: As Is
  • APN: 5077-027-015

Listed by Marcus & Millichap, Jason Tuvia

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Listing agent

— 2625 San Marino St —

  • Jason Tuvia

    Marcus & Millichap

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2625 San Marino St

School District:Los Angeles Unified School District
RatingNameGradesDistance
7
Hoover Street Elementary School
2726 Francis Ave, Los Angeles, CA 90005
K-50.1 mi
4
Berendo Middle School
1157 S Berendo St, Los Angeles, CA 90006
6-80.7 mi
4
Rfk Comm Schls - Ambassador School - Global Leadership
701 S Catalina St, Los Angeles, CA 90005
9-120.7 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2625 San Marino St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/19/2024
Listed
$1,595,000
59.5%
MLS
12/08/2022
Sold
$1,000,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2625 San Marino St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,890
5%
$936,360
-21%
2022
$11,355
-34%
$1,183,200
-16%
2021
$17,240
-1%
$1,414,504
1451%
2020
$17,414
948%
$91,184
2%
2019
$1,662
8%
$89,397
2%
2018
$1,546
2%
$87,645
2%
2017
$1,523
6%
$85,927
2%
2016
$1,432
1%
$84,243
2%
2015
$1,417
-2%
$82,978
2%
2014
$1,452
—
$81,354
—
2013
$1,446
—
$80,988
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 2625 San Marino St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Marcus & Millichap, Jason Tuvia

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2625 San Marino St, Los Angeles, CA 90006 (MLS# 24-465163) is a Multi-Family property with units containing 8 bedrooms and 0 full bathrooms. 2625 San Marino St is currently listed for $1,595,000 and was received on November 19, 2024. Want to learn more about 2625 San Marino St? Do you have questions about finding other Multi-Family real estate for sale in Mid-Wilshire? You can browse all Mid-Wilshire real estate or contact a Coldwell Banker agent to request more information.

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