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2631 San Marino Street
Los Angeles, CA 90006
Sold
2631 San Marino Street
Los Angeles, CA 90006
Sold
Huge 300k Price Reduction! Large 4-Unit Income Property (4,680 SF) in Prime Koreatown priced to sell at only $233/SF with approved RTI plans for 2 Detached ADUs in the back. The property sits on a large 6,750 SF R4-1 Lot TOC Tier 2 which allows you to build 16 units by right and 29 units by TOC. Promising residential income or development opportunity with incredible upside to 9% Cap Rate and 9.1 GRM on the proforma. The property is centrally located next to numerous new developments and just a few blocks south of Wilshire Blvd in proximity to the 110 and 10 freeways, and in a walker paradise (97 walking score). The property is just 1.5 miles West of LA Live, Staples Center, and 2 miles North of the USC campus. This is an opportunity that cannot be missed!
PROPERTY INFORMATION
| MLS # | 23229971 | Lot Size | 6,750 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,095,000
Price Per SqFt: $ 234 |
DOM | 850 Days |
| Address | 2631 San Marino Street | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 4,680 Sq. Ft. |
| Postal Code | 90006 | Garage | N/A |
| County | Los Angeles | Year Built | 1916 |
| Bed / Bath | 8 / 0 | Parking | N/A |
| Built In | 1916 | Status | Closed |
| Sold Date | 2023-02-14 |
INTERIOR FEATURES
EXTERIOR FEATURES
WALKSCORE
Walk Score: 93 (Walker's Paradise)
Transit Score: 80 (Excellent Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,168
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 01/06/2023 | Listed | $1,095,000 |
Topfind Realty
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Listing provided courtesy of Julio Ruiz, Global Platinum Properties, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
