2683 San Marino Street Los Angeles, CA ^$ 10,500,000

2683 San Marino Street

^$ 10,500,000

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2683 San Marino Street

Los Angeles, CA, 90006

^$ 10,500,000

Bedrooms-- Baths23.0 Sq 15,500

Monthly Estimate*

^$ 65,506

Listed by Drona Realty & Mortgages

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Commercial Property for sale in Los Angeles, CA

for $10,500,000 with 23 full baths. This 15,500 square foot building was built in 2025 on a lot size of 0.155.

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)

Commercial Active

Price

^$ 10,500,000

Full Bath

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.155

Year Built

2025

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR25247415

Days on Market

Features

General

Heating Natural Gas

Cooling Central Air

Utilities Water Available

Security Features Security Gate Smoke Detector(s)

Year Built 2025

Electric Electricity - On Property

Property Subtype Multi Family

County Los Angeles

Net Operating Income 435940

Operating Expense 169532

Insurance Expense 20000

Property Type Commercial Sale

Building Features Elevator(s)

Special Listing Conditions Standard

Status Active

Directions 2683 San Marino St Los Angeles CA 90006 / Please do not enter the property

City Los Angeles

Number Of Units Total 23

MLS Area C42 - Downtown L.A.

Lot Size Units Square Feet

Lot Size Square Feet 6752

Additional Parcels Y/N 0

Building Area Units Square Feet

Standard Status Active

Occupancy Type Owner

Year Built Source Builder

Property Sub Type Additional Multi Family

Cap Rate 4.15

Interior

Total Stories 6

Air Conditioning Y/N 1

Heating Y/N 1

Laundry Features Common Area

Entry Level 1

Exterior

Lot Features 21-25 Units/Acre

Water Source Public

Lot Size Area 6752

Number of Buildings 1

Building Area Total 15500

Lot Size Acres 0.155

Lot Size Source Assessor

* Excluded Features

List By

Drona Realty & Mortgages

Broker

veerjain256@gmail.com

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$65,506

Per Month

Monthly Principal & Interest: $65,506
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,721,904

Percent of Sale Price 74%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$10,500,000		Listed Price

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2683 San Marino Street, Los Angeles, CA, 90006 is a Commercial Property for sale at $10,500,000 with 15,500 sqft and a lot size of 0.155. 2683 San Marino Street has 23.0 baths and was built in 2025. The property's zip code is 90006 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/24/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2683 San Marino Street

Commercial Property for sale in Los Angeles, CA

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