Listing Detail

IAG

3288 San Marino St. LA, CA 90006

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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
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
Email Josh@iagpm.com
Brochure file Download 3288 San Marino St_Property Analysis.pdf
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