3288 San Marino St. LA, CA 90006
Bread & butter 4-plex for sale in KoreaTown on a corner lot WITH PARKING. Built in 1907 and subject to city of Los Angeles rent control. 5,907 sq ft lot zoned LAR4. Two 2 bedroom units and two studio units, all occupied. Units are easy to rent with 4 parking spaces with a controlled access gate off of San Marino St. Detached garage with possibility to convert to ADU (buyer to verify). Community laundry room with leased washer and dryer. Owner pays for Water/sewer & trash. Two of the four units are being billed back for owner paid utilities. 3 separate individual water heaters (two units share one water heater). 3 separate gas meters (2 units share one gas meter). 3 separate electric meters (2 units share an electric meter). County assessor and City of Los Angeles (ZIMAS) shows property as 4 legal units (Buyer to verify).
Property Highlights | |
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Street | 3288 San Marino St. |
City | Los Angeles |
State | CA |
Zip | 90006 |
Status | Sold |
Property Type | Multi-family |
Asking Price | $1,195,000 |
Sold Price | $1,210,000 |
Year Built | 1907 |
Building Sq Ft | 2,614 |
Number of units | 4 |
CAP Rate | 3.41% |
GRM | 16.70 |
Value per unit | $298,750 |
Value per Square Feet | $457.15 |
Broker Name | Josh Hodeda |
Telephone | (310) 405-0813 |
Josh@iagpm.com | |
Brochure file |
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