Description
23-Unit | New Construction | Section 8 Tenants | No Rent Control Property OverviewSituated 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 HighlightsNEWLY CONSTRUCTED 2025 " Modern construction, low maintenanceNo Rent ControlSection 8 Approved " Stable, guaranteed rental income13 Parking Spaces " On-site tenant conveniencePotential to Add 2 ADUs " Expand cash flow Offering DetailsPrice: Unpriced " Submit Best OfferCAP Rate (Pro Forma): 4.15%GRM: 17.34Lot Size: 15,500 SFStories: 6Units: 23 (All 1 Bed / 1 Bath)
-
0BEDS
-
0.16ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
23-Unit | New Construction | Section 8 Tenants | No Rent Control Property OverviewSituated 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 HighlightsNEWLY CONSTRUCTED 2025 " Modern construction, low maintenanceNo Rent ControlSection 8 Approved " Stable, guaranteed rental income13 Parking Spaces " On-site tenant conveniencePotential to Add 2 ADUs " Expand cash flow Offering DetailsPrice: Unpriced " Submit Best OfferCAP Rate (Pro Forma): 4.15%GRM: 17.34Lot Size: 15,500 SFStories: 6Units: 23 (All 1 Bed / 1 Bath)
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-05-15T10:35:31.213. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.