New Construction 23-Unit Multifamily
For Sale
$10,500,000
2683 San Marino Street Los Angeles, Los Angeles, CA 90006
Six-story, newly built 23-unit building with all 1 bed/1 bath units and 13 on-site parking spaces.
Property Size15,500 SF
Lot Size0.36 Acres
Price / SF$677.42
Days on Market50
Property Features for 2683 San Marino Street Los Angeles
General Information
Standard status
Active
Size
15,500 SF
Total Parking Spaces
13
Lot size
0.36 Acres
Net Operating Income
$435,940
Additional Details
Cap Rate
4.15%
Multifamily Units
23
Amenities
1
true
6
Common Area
Assessor
21-25 Units/Acre
Public
6752
0.155
15500
Building Details
Building Size
15,500 SF
Year Built
2025
Buildings
1
Stories
6
Listing Agency:
(909) 328-1567
Listed By:
Carla Espinola
(909) 328-1567
Source:
Rmarealty
Added: Jul 12
Changed: Aug 28
Last Checked: Aug 29 at 6:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Carla Espinola
Investment Insights
Based on property information with market context.
Completed in 2025, this brand-new 23-unit multifamily building at 2683 San Marino Street rises six stories and offers a unit mix of 1-bedroom, 1-bathroom homes. The property is described as newly constructed for low-maintenance ownership, and it is noted as a no rent control asset. The offering also states the building is Section 8 approved and includes 13 parking spaces for tenant convenience.
Located in the heart of Koreatown, the building is positioned for long-term rental stability according to the seller’s remarks. An additional upside is identified in the materials: potential to add 2 ADUs to expand cash flow.
The transaction is for sale with price listed as unpriced and instructions to submit a best offer. The provided pro forma figures include a 4.15% CAP rate and a 17.34 GRM.
Located in the heart of Koreatown, the building is positioned for long-term rental stability according to the seller’s remarks. An additional upside is identified in the materials: potential to add 2 ADUs to expand cash flow.
The transaction is for sale with price listed as unpriced and instructions to submit a best offer. The provided pro forma figures include a 4.15% CAP rate and a 17.34 GRM.
Key Highlights
- Brand‑new 23‑unit multifamily completed in 2025, built as a six‑story structure with a single building
- All units are 1 bed / 1 bath (23 total units)
- Section 8 approved with no rent control property per remarks
Property Analytics
Property Profile
Current Use
Lease Details
23
Residential units
Location Intelligence
Trade Area within ½ mile
7,064
Businesses Nearby
Explore this area
Business Placement
Demographics for 90006, CA
58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-story, newly built 23-unit building with all 1 bed/1 bath units and 13 on-site parking spaces.
Where is this apartment building located?
The property is located at 2683 San Marino Street Los Angeles Los Angeles, CA.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: Brand‑new 23‑unit multifamily completed in 2025, built as a six‑story structure with a single building; All units are 1 bed / 1 bath (23 total units); Section 8 approved with no rent control property per remarks
