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New Construction 23-Unit Multifamily Building

2683 San Marino Street Los Angeles Los Angeles, CA 90006

New
2683 San Marino Street Los Angeles, Los Angeles, CA, 90006
$10,500,000
For Sale
Claim this Listing
$10,500,000

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
AddedJul 12
Days on Market4
Last RefreshJul 15 at 2:24 pm

Property Features for 2683 San Marino Street Los Angeles

General Information

Standard status
Active
Size
15,500 SF
Lot size
0.36 Acres

Building Details

Year Built
2025

Listing office

Listing date Jul 12, 2026

Source Rmarealty

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.

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

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

(Bike/Boat/Book/etc) Store Tanning Salon Carpet & Flooring Store Veterinary Clinic Buffet Adult Day Care (Bike/Boat/Book/etc) Store Clothing & Fashion Store Restaurant Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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
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