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New Multifamily in Koreatown
For Sale
$10,500,000

2683 San Marino Street Los Angeles, Los Angeles, CA 90006

New 23-unit multifamily property in Koreatown, completed in 2025.

Property Size15,500 SF
Price / SF$677.42
Days on Market279

Property Features for 2683 San Marino Street Los Angeles

General Information

Standard status Active
Size 15,500 SF
Net Operating Income $435,940

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
Listed By: Carla Espinola
Source: Rmarealty
Added: Nov 28, 2025 Changed: Sep 3 Last Checked: Sep 2 at 1:37PM

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.

Located in Koreatown, 2683 San Marino St is a new six-story multifamily development completed in 2025. The property features 23 units, each with 1 bedroom and 1 bathroom. The building is positioned for long-term cash flow and stability. There are 13 parking spaces available. The property is Section 8 approved, offering stable rental income. There is potential to add 2 ADUs to expand cash flow. The lot size is 15,500 SF.

Key Highlights

  • Newly Constructed in 2025: Modern building with low maintenance.
  • 23 Units with High Demand: All units are 1‑bedroom, 1‑bathroom.
  • Section 8 Tenants: Provides stable, guaranteed rental income.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Carpet & Flooring Store Veterinary Clinic Buffet Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7,064
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - New 23-unit multifamily property in Koreatown, completed in 2025.
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: Newly Constructed in 2025: Modern building with low maintenance.; 23 Units with High Demand: All units are 1‑bedroom, 1‑bathroom.; Section 8 Tenants: Provides stable, guaranteed rental income.
More about this property
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