2625 San Marino Street, Los Angeles, CA 90006 (MLS # DW25179978)
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Fully Renovated, Turnkey 4-Unit Investment in Prime Koreatown! Discover your next perfect, hassle-free investment in one of Los Angeles' most sought-after neighborhoods. This fully modernized four-unit multifamily property has been upgraded from top to bottom"”no detail overlooked"”making it an ideal addition to any portfolio. Each spacious apartment offers 2 bedrooms, 1 bathroom, with 2 dens, storage room, and laundry room and approximately 1,170 sq ft of beautifully updated living space. Complete renovations include: -Infrastructure Upgrades: New sewer lines, updated plumbing fixtures, and full electrical modernization (wiring, subpanels, switches, outlets, and lighting). -Modern Comforts: In-unit washer/dryer hookups, new dishwashers hookups, and energy-efficient 3-zone mini-split HVAC systems. -Stylish Finishes: New doors, blinds, drywall, fresh paint, white shaker kitchen cabinets with quartz countertops, premium stainless-steel appliances, and new durable flooring. -Bathroom Refresh: Contemporary vanities, new toilets, and modern fixtures. -Exterior Enhancements: Motorized, remote-controlled driveway security gate, roof repairs, termite fumigation of building & carport, and meticulously detailed windows with new wheels and parts. Property Highlights: -Covered carport with a total of 8 off-street parking spaces (2 per unit). -Lush, mature landscaping including banana and avocado trees. -$138,600 annual rental income. -Attractive around 6% cap rate and 13.7 GRM. -Tenants pay 100% of utilities; each apartment has its own electrical meter, gas meter, and water heater. -Prime location with a Walk Score of 95 and Transit Score of 82. Additional Information: Photos are virtually staged with furniture. No furniture comes with the sale. Do not disturb tenants. Showings will be conducted with an accepted offer. The listing agent holds a co-ownership interest in the property.
DAYS ON MARKET | 29 | LAST UPDATED | 9/4/2025 |
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YEAR BUILT | 1916 | COMMUNITY | C17 - Mid-Wilshire |
COUNTY | Los Angeles | STATUS | Conditional |
PROPERTY TYPE(S) | Residential Income |
PRICE HISTORY | |
Prior to Aug 19, '25 | $1,899,000 |
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Aug 19, '25 - Today | $1,799,000 |
ADDITIONAL DETAILS | |
AIR | Ductless, Electric, Heat Pump |
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AIR CONDITIONING | Yes |
APPLIANCES | Dryer, Washer |
AREA | C17 - Mid-Wilshire |
EXTERIOR | Garden |
FIREPLACE | Yes |
HEAT | Ductless |
LOT | 6752 sq ft |
LOT DESCRIPTION | Garden, Landscaped, Near Public Transit |
PARKING | Assigned, Detached Carport |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
UTILITIES | Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected |
WATER | Public |
TOTAL MONTHLY PAYMENT
SATELLITE VIEW |
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