Active

2861 San Marino ST

LOS ANGELES CA, 90006

$1,799,000


$387.72 per sqft

Active

12 Beds

4 Baths

4,640 sqft

Multi-family

Built in 1909

An absolutely perfect quadruplex property featuring 3 bedrooms and 1 bath in each unit, ideal for a long-term investment plan with a 5.93% cap rate. This is a great income property with minimal upkeep costs expected for years to come, making for easy management! One unit can be occupied by the owner or rented out for $3,000. Each units are spacious and come with a detached garage at the back. This opportunity won't last long! Request an Offering Memorandum for a detailed financial analysis. Call for more information.

PW24209419MR

MLS ID

October 10, 2024

Listed

December 11, 2024

Updated

Map

2861 San Marino ST
LOS ANGELES CA, 90006

Interior Features

Total Stories

2


Bedrooms

12


Total Bathrooms

4


Appliances

Gas Dryer Hookup, In Kitchen, Inside, Washer Hookup


Laundry Description

Gas Dryer Hookup, In Kitchen, Inside, Washer Hookup


Fireplace

Yes


Fireplace Description

Living Room


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.16 Acres


Architectual Style

Spanish


Roof

Clay


Sewer

In Street Paid, Public Sewer

Other Property Details

Area Name

Mid-Wilshire


Taxes

$13,426


Tax Frequency

Annually


Days on Market

46


Garage

Yes


Garage Spaces

4


Parking

Garage, Garage - 1 Car, Gated


Parking Total

4


View

No


View Description

None


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LAR4

Listed by Ethan Baik with Newcastle Realty, Inc.
Listing Contact: 714-882-9212 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor LA Real shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 12/11/2024

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