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$1,737,000
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Property Description
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.
Full Property Details
Full Property Details for 2625 San Marino St
General
- Sold For: $1,737,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: DW25179978
- Added to Site: 206 day(s) ago
Interior
- Fireplace(s): Bath, Den, Kitchen, Living Room, Primary Bedroom, Outside, Electric, Gas
Rooms
Other Rooms
- Laundry: Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Parking Features: Assigned, Detached Carport
- Parking: Assigned, Detached Carport
Location
- Area: C17 - Mid-Wilshire
- County: Los Angeles
- Development Name: C17 - Mid-Wilshire
- Driving Directions: Driving north on S Hoover St turn left onto San Marino St and it's the first building on the right
Heating & Cooling
- Cooling Type: Ductless, Electric, Heat Pump, High Efficiency, SEER Rated 16 or Higher
- Heating Type: Ductless, High Efficiency
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,680
- Year Built: 1916
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.155
- Lot Size Source: Assessor
- Zoning: LAR4
- Lot Description: 2-5 Units/Acre, Garden, Landscaped, Near Public Transit
Financial Considerations
- Price Per Sq. Ft.: $371.15
- Price Per Unit: 449750
Listed by Real Broker, Ryan Smagacz
Sold by None MRML, NONE NONE
Get Pre-Approved Today
Schools
Schools serving 2625 San Marino St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Hoover Street Elementary School 2726 Francis Avenue, Los Angeles, CA 90005 | K-5 | 0.1 mi |
Berendo Middle School 1157 South Berendo Street, Los Angeles, CA 90006 | 6-8 | 0.7 mi |
Rfk Community Schools-Ambassador-Global Leadership 701 South Catalina Street, Los Angeles, CA 90005 | 6-8 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2625 San Marino St
Date
Details
Price
Change
Source
10/20/2025
Sold
$1,737,000
-3.45%
MLS
8/19/2025
Price Reduced
$1,799,000
-5.27%
MLS
8/09/2025
Listed
$1,899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2625 San Marino Street, Los Angeles, CA 90006 (MLS# DW25179978) is a Multi-Family property that was sold at $1,737,000 on October 20, 2025. Want to learn more about 2625 San Marino Street? Do you have questions about finding other Multi-Family real estate for sale in Mid-Wilshire? You can browse all Mid-Wilshire real estate or contact a Coldwell Banker agent to request more information.

