2757 SAN MARINO Street, Los Angeles, CA, 90006

  • $2,420,000
  • $2,420,000
2757 SAN MARINO Street , Los Angeles, CA 90006
Active For Sale
2757 SAN MARINO Street , Los Angeles, CA 90006
  • $2,420,000
  • $2,420,000

Description

I am pleased to offer the opportunity to acquire The Scarlett, an eight-unit renovated apartment community in Koreatown. Situated just North of Olympic Boulevard and West of Hoover Street, the subject property is located within one of Los Angeles’ most desirable neighborhoods. Koreatown is one of the most widely publicized and energized communities in Los Angeles. The Scarlett consists of four one-bedroom den units and four two-bedroom units on a 6,750 square foot parcel. Current Ownership has extensively renovated six units and features thoughtful design details like Spanish tiles, high ceilings, marble countertops, state-of-the-art appliances, and more. Renovated units also include Split A/C-Heat system and washer and dryers and are achieving premiums over the average in-place rents. Additionally, the common area has been improved with new exterior paint and secured parking. This offering presents investors a rare buying opportunity to purchase a stabilized asset with six out eight units at market rents, providing passive income in a market that has shown consistent growth in population and rents year over year.

  • Address 2757 SAN MARINO Street
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90006

Details

Updated on March 4, 2022 at 2:04 pm
  • Property ID: 22133547
  • Price: $2,420,000
  • Land Area: 0.1549 Acres
  • Year Built: 1925
  • Property Type: Residential Income
  • Property Status: Active

Additional details

  • Zone: LAR4
  • Parking: None
  • Days On Market: 80
  • LotSize Dimensions: 50x135
  • LotSize SquareFeet: 6746.00
  • AssociationFee: 0.00

Listed by

Marcus & Millichap
Agent Name : Sean Rosenzweig
Agent State License : 01406343

Mortgage Calculator

Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance
  • PMI
$
$
%
$
$
$

Contact Information

View Listings

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare
Lina Chu
  • Lina Chu