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Los Angeles, CA

$10,500,000

2683 San Marino Street, Los Angeles, CA
2025
Built
0
Days listed

About this home

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)

Facts & features

Interior
Heating
Natural Gas
Cooling
Central Air
Laundry
Common Area
Exterior & lot
Lot size
0.155 acres (6,752 sq ft)
Year built
2025
Community
Area
C 42 - Downtown L.A.
County
Los Angeles
Listing details
Status
Active
Property type
Multi Family
Days on market
0
Listed
2025-10-25
Parcel #
5077027023
MLS #
SR25247415
Listed by
Veer Jain · Drona Realty & Mortgages
805-573-8337veerjain256@gmail.comDRE #02243971

Location

Price history

Listed
$10,500,000 · 2025-10-25
Days on market
0
Current price
$10,500,000
Financing

Could this home be yours?

Estimated monthly payment
$65,869
$53,094 principal & interest · $12,775 taxes & insurance
$2,100,000
Estimate only
Loan $8,400,000

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Listing data provided by CRMLS

Listing courtesy of Drona Realty & Mortgages. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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2683 San Marino Street, Los Angeles, CA — $10,500,000 | Your Agent