2683 San Marino St
Description
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...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)
- Listed by Veer Jain • DRE #02243971 • Brokerage DRE #01923188 • Drona Realty & Mortgages • 805-573-8337
Property Details for 2683 San Marino Street
Property Details for 2683 San Marino Street
| Status | Active |
|---|---|
| MLS # | SR25247415 |
| Days on Market | 44 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Commercial Sale / Multi Family |
| Year Built | 2025 |
| Lot Size | 0.16 AC / 6,752 SF |
| County | Los Angeles County |
Location
Building Information for 2683 San Marino Street
Payment Calculator
$53,308 per month
30 year fixed, 6.28% Interest
$51,884
$1,424
$0
Property Information for 2683 San Marino Street
- Gross Scheduled Income: $599,472
- Net Operating Income: $435,940
- Laundry Income: $4,200
- Other Income 1: $1,800
- Cap Rate: 4.15
- Operating Expense: $169,532
- Expense Year: $2,025
- Insurance Expense: $20,000
- Real Estate Tax Expense: $124,950
- Total Expenses: $169,532
- Laundry: Yes
- Laundry Features: Common Area
- Cooling: Central Air
- Heating Type: Natural Gas
- Heating: Natural Gas
- Security Features: Automatic Gate, Smoke Detector(s)
- Lot Features: 21-25 Units/Acre
- Land Use: Multi-Family
- Utilities: Water Available
- Electric: Electricity - On Property
- Water Source: Public
- Building Status: Existing
- Building Features: Elevators
- Asset Class: Multi-Family
- Unit Type Units Total: 23
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Actual Rent: $2,289
- Unit Type Area: 485
- Unit Type Area Units: Square Feet
- Unit Type Type: 1
- Number Of Buildings: 1
Property History for 2683 San Marino Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Oct 25, 2025 | Listed (Active) CRMLS #SR25247415 | $10,500,000 | — |
| Oct 22, 2025 | Expired CRMLS #SR25087708 | — | |
| Apr 22, 2025 | Listed (Active) CRMLS #SR25087708 | — | |
| Mar 17, 2019 | Expired CRMLS #PW19012458 | $1,299,000 | — |
| Mar 16, 2019 | Expired SDMLS #PW19012458 | — | |
| Mar 16, 2019 | Expired CLAW #PW19012458MR | — | |
| Feb 27, 2019 | Sold (Public Record) Public Record #640143535 | $1,251,000 | +10.3% / yr |
| Jan 17, 2019 | Listed (Active) SDMLS #PW19012458 | $1,299,000 | — |
| Jan 17, 2019 | Listed (Active) CRMLS #PW19012458 | $1,299,000 | — |
| Jan 17, 2019 | Listed (Active) CLAW #PW19012458MR | $1,299,000 | — |
| Dec 2, 2018 | Withdrawn / Cancelled CLAW #PW18227166MR | — | |
| Dec 2, 2018 | Withdrawn / Cancelled SDMLS #PW18227166 | — | |
| Dec 2, 2018 | Withdrawn / Cancelled CRMLS #PW18227185 | $1,349,998 | — |
| Dec 2, 2018 | Withdrawn / Cancelled CRMLS #PW18227166 | $1,349,998 | — |
| Dec 2, 2018 | Withdrawn / Cancelled CLAW #PW18227185MR | — | |
| Sep 17, 2018 | Listed (Active) SDMLS #PW18227166 | $1,349,998 | — |
| Sep 17, 2018 | Listed (Active) CRMLS #PW18227166 | $1,349,998 | — |
| Sep 17, 2018 | Listed (Active) CRMLS #PW18227185 | $1,349,998 | — |
| Sep 17, 2018 | Listed (Active) CLAW #PW18227166MR | $1,349,998 | — |
| Sep 17, 2018 | Listed (Active) CLAW #PW18227185MR | $1,349,998 | — |
| Sep 4, 2018 | Withdrawn / Cancelled CLAW #PW18109225MR | — | |
| Sep 4, 2018 | Withdrawn / Cancelled SDMLS #PW18109225 | — | |
| Sep 4, 2018 | Withdrawn / Cancelled CLAW #PW18109193MR | — | |
| Sep 4, 2018 | Withdrawn / Cancelled CRMLS #PW18109225 | $1,549,800 | — |
| Sep 4, 2018 | Withdrawn / Cancelled CRMLS #PW18109193 | $1,549,800 | — |
| May 9, 2018 | Listed (Active) SDMLS #PW18109225 | $1,599,800 | — |
| May 9, 2018 | Listed (Active) CRMLS #PW18109225 | $1,599,800 | — |
| May 9, 2018 | Listed (Active) CLAW #PW18109193MR | $1,599,800 | — |
| May 9, 2018 | Listed (Active) CLAW #PW18109225MR | $1,599,800 | — |
| May 9, 2018 | Listed (Active) CRMLS #PW18109193 | $1,599,800 | — |
| May 1, 2018 | Withdrawn / Cancelled CRMLS #PW18068507 | $1,899,800 | — |
| May 1, 2018 | Withdrawn / Cancelled SDMLS #PW18068507 | — | |
| May 1, 2018 | Withdrawn / Cancelled CLAW #PW18068507MR | — | |
| Mar 27, 2018 | Listed (Active) SDMLS #PW18068507 | $1,800,000 | — |
| Mar 26, 2018 | Listed (Active) CLAW #PW18068507MR | $1,800,000 | — |
| Mar 26, 2018 | Listed (Active) CRMLS #PW18068507 | $1,800,000 | — |
| Mar 2, 2018 | Sold CRMLS #SR17269597 | $1,135,000 | — |
| Mar 2, 2018 | Sold CLAW #SR17269597CN | $1,135,000 | — |
| Mar 2, 2018 | Sold CRMLS #SR17269219 | $1,135,000 | — |
| Mar 2, 2018 | Sold SDMLS #SR17269597 | $1,135,000 | — |
| Mar 2, 2018 | Sold CLAW #SR17269219CN | $1,135,000 | — |
| Feb 5, 2018 | Pending CLAW #SR17269597CN | — | |
| Feb 5, 2018 | Pending SDMLS #SR17269597 | — | |
| Feb 5, 2018 | Pending CRMLS #SR17269597 | — | |
| Feb 3, 2018 | Pending CRMLS #SR17269219 | — | |
| Feb 3, 2018 | Pending CLAW #SR17269219CN | — | |
| Jan 29, 2018 | Sold (Public Record) Public Record #617849596 | $1,125,000 | — |
| Jan 29, 2018 | Sold (Public Record) Public Record #617849596 | $1,125,000 | +18.5% / yr |
| Dec 4, 2017 | Listed (Active) CRMLS #SR17269597 | $1,150,000 | — |
| Dec 4, 2017 | Listed (Active) CLAW #SR17269597CN | $1,150,000 | — |
| Dec 4, 2017 | Listed (Active) CLAW #SR17269219CN | $1,150,000 | — |
| Dec 4, 2017 | Listed (Active) SDMLS #SR17269597 | $1,150,000 | — |
| Dec 4, 2017 | Listed (Active) CRMLS #SR17269219 | $1,150,000 | — |
| Feb 1, 2017 | Expired CRMLS #SR16185760 | $1,175,000 | — |
| Jan 31, 2017 | Expired SDMLS #SR16185760 | — | |
| Jan 31, 2017 | Expired CLAW #SR16185760CN | $1,175,000 | — |
| Aug 23, 2016 | Price Change CRMLS #SR16185760 | $1,175,000 | — |
| Aug 23, 2016 | Listed (Active) CLAW #SR16185760CN | $1,165,000 | — |
| Aug 23, 2016 | Listed (Active) SDMLS #SR16185760 | $1,165,000 | — |
| Aug 23, 2016 | Listed (Active) CRMLS #SR16185760 | $1,165,000 | — |
| Aug 5, 2016 | Expired CRMLS #SR16094073 | — | |
| Aug 4, 2016 | Expired CLAW #SR16094073CN | $1,295,000 | — |
| Aug 4, 2016 | Expired SDMLS #SR16094073 | — | |
| May 4, 2016 | Listed (Active) CLAW #SR16094073CN | $1,295,000 | — |
| May 4, 2016 | Listed (Active) CRMLS #SR16094073 | $1,295,000 | — |
| May 4, 2016 | Listed (Active) SDMLS #SR16094073 | $1,295,000 | — |
| Jan 25, 2016 | Sold (Public Record) Public Record #564514732 | $800,000 | +10.3% / yr |
| Aug 31, 2014 | Expired CRMLS #14754215 | — | |
| Aug 30, 2014 | Expired CLAW #14-754215 | $769,000 | — |
| Aug 15, 2014 | Withdrawn / Cancelled CRMLS #14754215 | — | |
| Jun 20, 2014 | Price Change CRMLS #14754215 | $769,000 | — |
| May 14, 2014 | Price Change CRMLS #14754215 | $779,000 | — |
| Apr 30, 2014 | Price Change CRMLS #14754215 | $799,000 | — |
| Apr 21, 2014 | Listed (Active) CRMLS #14754215 | $800,000 | — |
| Apr 21, 2014 | Listed (Active) CLAW #14-754215 | $800,000 | — |
| Jan 28, 2011 | Sold CLAW #11-498939 | $485,000 | — |
| Jan 28, 2011 | Sold CRMLS #11498939 | $485,000 | — |
| Jan 10, 2011 | Pending CLAW #11-498939 | — | |
| Jan 10, 2011 | Pending CRMLS #11498939 | — | |
| Jan 6, 2011 | Listed (Active) CLAW #11-498939 | $529,000 | — |
| Jan 6, 2011 | Listed (Active) CRMLS #11498939 | $529,000 | — |
| Dec 17, 2010 | Sold (Public Record) Public Record #303236585 | $485,000 | +13794.2% / yr |
| Nov 5, 2010 | Sold (Public Record) Public Record #298819092 | $275,000 | -26.5% / yr |
| Apr 18, 2007 | Sold (Public Record) Public Record #217837258 | $820,000 | +18.1% / yr |
| Dec 27, 2006 | Expired CLAW #06-111823 | $799,000 | — |
| Dec 27, 2006 | Expired CLAW #06-108799 | $850,000 | — |
| Jun 28, 2006 | Listed (Active) CLAW #06-111823 | $850,000 | — |
| Jun 28, 2006 | Listed (Active) CLAW #06-108799 | $850,000 | — |
| Dec 14, 2005 | Expired CLAW #05-032483 | $859,000 | — |
| Sep 1, 2005 | Listed (Active) CLAW #05-032483 | $899,000 | — |
| Apr 10, 2004 | Sold CLAW #04-048366 | $495,000 | — |
| Apr 7, 2004 | Sold (Public Record) Public Record #132235266 | $495,000 | — |
| Feb 28, 2004 | Pending CLAW #04-048366 | — | |
| Feb 12, 2004 | Listed (Active) CLAW #04-048366 | $475,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 10/25/2025 | Listed (Active) CRMLS #SR25247415 | $10,500,000 |
| 10/22/2025 | Expired CRMLS #SR25087708 | — |
| 04/22/2025 | Listed (Active) CRMLS #SR25087708 | — |
| 03/17/2019 | Expired CRMLS #PW19012458 | $1,299,000 |
| 03/16/2019 | Expired SDMLS #PW19012458 | — |
| 03/16/2019 | Expired CLAW #PW19012458MR | — |
| 02/27/2019 | Sold (Public Record) Public Record #640143535 | $1,251,000 +10.3% / yr |
| 01/17/2019 | Listed (Active) SDMLS #PW19012458 | $1,299,000 |
| 01/17/2019 | Listed (Active) CRMLS #PW19012458 | $1,299,000 |
| 01/17/2019 | Listed (Active) CLAW #PW19012458MR | $1,299,000 |
| 12/02/2018 | Withdrawn / Cancelled CLAW #PW18227166MR | — |
| 12/02/2018 | Withdrawn / Cancelled SDMLS #PW18227166 | — |
| 12/02/2018 | Withdrawn / Cancelled CRMLS #PW18227185 | $1,349,998 |
| 12/02/2018 | Withdrawn / Cancelled CRMLS #PW18227166 | $1,349,998 |
| 12/02/2018 | Withdrawn / Cancelled CLAW #PW18227185MR | — |
| 09/17/2018 | Listed (Active) SDMLS #PW18227166 | $1,349,998 |
| 09/17/2018 | Listed (Active) CRMLS #PW18227166 | $1,349,998 |
| 09/17/2018 | Listed (Active) CRMLS #PW18227185 | $1,349,998 |
| 09/17/2018 | Listed (Active) CLAW #PW18227166MR | $1,349,998 |
| 09/17/2018 | Listed (Active) CLAW #PW18227185MR | $1,349,998 |
| 09/04/2018 | Withdrawn / Cancelled CLAW #PW18109225MR | — |
| 09/04/2018 | Withdrawn / Cancelled SDMLS #PW18109225 | — |
| 09/04/2018 | Withdrawn / Cancelled CLAW #PW18109193MR | — |
| 09/04/2018 | Withdrawn / Cancelled CRMLS #PW18109225 | $1,549,800 |
| 09/04/2018 | Withdrawn / Cancelled CRMLS #PW18109193 | $1,549,800 |
| 05/09/2018 | Listed (Active) SDMLS #PW18109225 | $1,599,800 |
| 05/09/2018 | Listed (Active) CRMLS #PW18109225 | $1,599,800 |
| 05/09/2018 | Listed (Active) CLAW #PW18109193MR | $1,599,800 |
| 05/09/2018 | Listed (Active) CLAW #PW18109225MR | $1,599,800 |
| 05/09/2018 | Listed (Active) CRMLS #PW18109193 | $1,599,800 |
| 05/01/2018 | Withdrawn / Cancelled CRMLS #PW18068507 | $1,899,800 |
| 05/01/2018 | Withdrawn / Cancelled SDMLS #PW18068507 | — |
| 05/01/2018 | Withdrawn / Cancelled CLAW #PW18068507MR | — |
| 03/27/2018 | Listed (Active) SDMLS #PW18068507 | $1,800,000 |
| 03/26/2018 | Listed (Active) CLAW #PW18068507MR | $1,800,000 |
| 03/26/2018 | Listed (Active) CRMLS #PW18068507 | $1,800,000 |
| 03/02/2018 | Sold CRMLS #SR17269597 | $1,135,000 |
| 03/02/2018 | Sold CLAW #SR17269597CN | $1,135,000 |
| 03/02/2018 | Sold CRMLS #SR17269219 | $1,135,000 |
| 03/02/2018 | Sold SDMLS #SR17269597 | $1,135,000 |
| 03/02/2018 | Sold CLAW #SR17269219CN | $1,135,000 |
| 02/05/2018 | Pending CLAW #SR17269597CN | — |
| 02/05/2018 | Pending SDMLS #SR17269597 | — |
| 02/05/2018 | Pending CRMLS #SR17269597 | — |
| 02/03/2018 | Pending CRMLS #SR17269219 | — |
| 02/03/2018 | Pending CLAW #SR17269219CN | — |
| 01/29/2018 | Sold (Public Record) Public Record #617849596 | $1,125,000 |
| 01/29/2018 | Sold (Public Record) Public Record #617849596 | $1,125,000 +18.5% / yr |
| 12/04/2017 | Listed (Active) CRMLS #SR17269597 | $1,150,000 |
| 12/04/2017 | Listed (Active) CLAW #SR17269597CN | $1,150,000 |
| 12/04/2017 | Listed (Active) CLAW #SR17269219CN | $1,150,000 |
| 12/04/2017 | Listed (Active) SDMLS #SR17269597 | $1,150,000 |
| 12/04/2017 | Listed (Active) CRMLS #SR17269219 | $1,150,000 |
| 02/01/2017 | Expired CRMLS #SR16185760 | $1,175,000 |
| 01/31/2017 | Expired SDMLS #SR16185760 | — |
| 01/31/2017 | Expired CLAW #SR16185760CN | $1,175,000 |
| 08/23/2016 | Price Change CRMLS #SR16185760 | $1,175,000 |
| 08/23/2016 | Listed (Active) CLAW #SR16185760CN | $1,165,000 |
| 08/23/2016 | Listed (Active) SDMLS #SR16185760 | $1,165,000 |
| 08/23/2016 | Listed (Active) CRMLS #SR16185760 | $1,165,000 |
| 08/05/2016 | Expired CRMLS #SR16094073 | — |
| 08/04/2016 | Expired CLAW #SR16094073CN | $1,295,000 |
| 08/04/2016 | Expired SDMLS #SR16094073 | — |
| 05/04/2016 | Listed (Active) CLAW #SR16094073CN | $1,295,000 |
| 05/04/2016 | Listed (Active) CRMLS #SR16094073 | $1,295,000 |
| 05/04/2016 | Listed (Active) SDMLS #SR16094073 | $1,295,000 |
| 01/25/2016 | Sold (Public Record) Public Record #564514732 | $800,000 +10.3% / yr |
| 08/31/2014 | Expired CRMLS #14754215 | — |
| 08/30/2014 | Expired CLAW #14-754215 | $769,000 |
| 08/15/2014 | Withdrawn / Cancelled CRMLS #14754215 | — |
| 06/20/2014 | Price Change CRMLS #14754215 | $769,000 |
| 05/14/2014 | Price Change CRMLS #14754215 | $779,000 |
| 04/30/2014 | Price Change CRMLS #14754215 | $799,000 |
| 04/21/2014 | Listed (Active) CRMLS #14754215 | $800,000 |
| 04/21/2014 | Listed (Active) CLAW #14-754215 | $800,000 |
| 01/28/2011 | Sold CLAW #11-498939 | $485,000 |
| 01/28/2011 | Sold CRMLS #11498939 | $485,000 |
| 01/10/2011 | Pending CLAW #11-498939 | — |
| 01/10/2011 | Pending CRMLS #11498939 | — |
| 01/06/2011 | Listed (Active) CLAW #11-498939 | $529,000 |
| 01/06/2011 | Listed (Active) CRMLS #11498939 | $529,000 |
| 12/17/2010 | Sold (Public Record) Public Record #303236585 | $485,000 +13794.2% / yr |
| 11/05/2010 | Sold (Public Record) Public Record #298819092 | $275,000 -26.5% / yr |
| 04/18/2007 | Sold (Public Record) Public Record #217837258 | $820,000 +18.1% / yr |
| 12/27/2006 | Expired CLAW #06-111823 | $799,000 |
| 12/27/2006 | Expired CLAW #06-108799 | $850,000 |
| 06/28/2006 | Listed (Active) CLAW #06-111823 | $850,000 |
| 06/28/2006 | Listed (Active) CLAW #06-108799 | $850,000 |
| 12/14/2005 | Expired CLAW #05-032483 | $859,000 |
| 09/01/2005 | Listed (Active) CLAW #05-032483 | $899,000 |
| 04/10/2004 | Sold CLAW #04-048366 | $495,000 |
| 04/07/2004 | Sold (Public Record) Public Record #132235266 | $495,000 |
| 02/28/2004 | Pending CLAW #04-048366 | — |
| 02/12/2004 | Listed (Active) CLAW #04-048366 | $475,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2683 San Marino Street
Schools near 2683 San Marino Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Hoover Street Elementary School PublicK to 5 | ||
Berendo Middle School Public6 to 8 | ||
Young Oak Kim Academy Public6 to 8 | ||
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Drona Realty & Mortgages, Veer Jain, DRE #02243971
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.