3555 San Marino St - Apartments FOR SALE


Los Angeles, CA 90019- Koreatown
$3,295,000 USD
707-225-2402
3555 San Marino St, Los Angeles, CA for Sale
$3,295,000 USD
Apartments - FOR SALE
1/5
null | 4.31% Cap Rate

3555 San Marino St
Los Angeles, CA 90019
Koreatown


HIGHLIGHTS

  • First Time on Market in Over 25 Years
  • Value-Add Opportunity with 62% Upside +/-
  • Great Koreatown Location
  • Soft-Story Retrofit Has Been Completed

OVERVIEW

We are pleased to present our newest listing at 3555 San Marino St, a 16-unit multifamily offering in the heart of Los Angeles’ Koreatown neighborhood. Hitting the market for the first time in over 25 years, this value-add asset features thirteen 1-bedroom/1-bath units and three 2-bedroom/1-bath units. With a completed soft-story seismic retrofit and 100% rental upside potential, 3555 San Marino presents a compelling opportunity to reposition a well-located asset in one of LA’s most dynamic rental markets. The property is surrounded by strong tenant demand, walkable amenities, and convenient access to major transit corridors. This is an ideal investment for those seeking long-term value growth and substantial income potential in a core Los Angeles location. For more information, please reach out to Stefan Ignjatovic.

FOR SALE DETAILS

PRICE

$3,295,000 USD

PRICE/SF

$292 USD /SF

# OF UNITS

16

PRICE/UNIT

$205,938

CAP RATE

4.31%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,500 SF

ZONING

R4-2, Los Angeles

APN/PARCEL ID

5093-001-021

ASK ABOUT THIS PROPERTY

Jonathan WeirWeir Group with Marcus and Millichap.More Info
707-225-2402

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Jonathan WeirWeir Group with Marcus and Millichap.More Info
707-225-2402

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.