List Search

2769 San Marino St
Los Angeles, CA 90006 Koreatown

$2,050,000 USD

Apartments For Sale  •  6,080 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,080 SF
  • Lot Size 0.15 AC
  • Building Class B
  • Year Built 1987
  • Zoning R4, Los Angeles
90 Transit Score
80 Walk Score

Highlights

Built in 1987, the property is exempt from LA's RSO and governed by AB 1482, allowing annual increases of 5% + CPI, capped at 10%.
28% rental upside remains, capturable through ordinary turnover and interior renovation rather than a full repositioning of the asset.
All eight units are 2BR/1BA. A single floor plan streamlines a renovation program and appeals to a broad tenant base.
The property provides 15 parking spaces, nine covered and six open, and a laundry facility.
A Walk Score of 94 reflects the short walk to Wilshire/Vermont Station on the Metro B and D Lines, plus nearby Metro bus and DASH service.
The property has been under the same ownership since 2004, a hold of more than 20 years now coming to market.

Amenities

  • Balcony

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Sunset Limited - Amtrak, Texas Eagle - Amtrak) 9 min - 4.5 mi
L. A. Union Station Metrolink Station (Metrolink 91-Perris Valley Line - Metrolink Trains, Metrolink Orange County Line - Metrolink Trains, Metrolink Riverside Line - Metrolink Trains, Metrolink San Bernardino Line - Metrolink Trains, Metrolink Ventura County Line - Metrolink Trains) 9 min - 4.6 mi
Transit/SubwayDriveWalkDistance
Wilshire/Vermont Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 11 min 0.6 mi
Westlake/Macarthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 18 min 1.0 mi
AirportDriveWalkDistance
Bob Hope 22 min - 13.1 mi
Los Angeles International 23 min - 13.6 mi
Long Beach (Daugherty Field) 32 min - 23.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Sean Rosenzweig 213-943-1897 Marcus & Millichap
Sean Rosenzweig 213-943-1897 Marcus & Millichap