2683 San Marino Street, Los Angeles, California 90006

23-Unit | New Construction | Section 8 Tenants | No Rent Control

Property Overview

Situated in the heart of Koreatown, 2683 San Marino St is a brand-new 23-unit multifamily development completed in 2025. Rising six stories, this contemporary building offers a unit mix of 1-bedroom, 1-bathroom units which is extremely popular in this area demographic and is ideally positioned for long-term cash flow and stability.

Investment Highlights

NEWLY CONSTRUCTED 2025 – Modern construction, low maintenance

No Rent Control

Section 8 Approved – Stable, guaranteed rental income

13 Parking Spaces – On-site tenant convenience

Potential to Add 2 ADUs – Expand cash flow

Offering Details

Price: Unpriced – Submit Best Offer

CAP Rate (Pro Forma): 4.15%

GRM: 17.34

Lot Size: 15,500 SF

Stories: 6

Units: 23 (All 1 Bed / 1 Bath)