3333 San Marino St

    Los Angeles, CA 90006
    • $7,500,000
    • STATUS: Active
    • ON SITE: 50 days
    • MLS #: 20-553180
    UPDATED: 77 min ago
    $7,500,000
    • 23
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 14,905
      SQFT
    • $503
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1957
    County:
    Area:

    School Ratings & Info

    Description

    We are proud to present 3333 San Marino Street, a 23 unit multifamily building located in Koreatown. This charming courtyard-style apartment building features spacious units with many upgrades. 22 of 23 units have been completely renovated with custom kitchen cabinets, countertops, dishwashers, stoves, refrigerators, bathroom vanities, laminate wood floors, AC systems and intercoms. The property has been upgraded with copper plumbing, new electrical and dual pane windows. Secured building with garage parking for 23 cars (no retrofit needed). This is an excellent opportunity to acquire a turnkey property easy to manage with low expenses. Strong cash flow with a 5.61% cash on cash return day one.

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    Based on information from CRISNet MLS as of 2020-04-02T12:42:49.783. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-04-02T12:42:49.783. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    Based on information from the Conejo Simi Moorpark Association of Realtors as of 2020-04-02T12:42:49.783. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    Based on information from the i-Tech MLS as of 2020-04-02T12:42:49.783. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    Licensed in the State of California, USA.
    www.jelmbergteam.com/homes/103135645

    3333 San Marino St Los Angeles, CA 90006

    • Price: $7,500,000
    • Status: Active
    • Updated: 77 min ago
    • MLS #: 20-553180
    23
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    14,905
    SQFT
    $503
    $/SQFT
    1957
    Built
    Neighborhood:
    Mid-Wilshire
    County:
    Los Angeles
    Area:
    Mid-Wilshire
    Property Description
    We are proud to present 3333 San Marino Street, a 23 unit multifamily building located in Koreatown. This charming courtyard-style apartment building features spacious units with many upgrades. 22 of 23 units have been completely renovated with custom kitchen cabinets, countertops, dishwashers, stoves, refrigerators, bathroom vanities, laminate wood floors, AC systems and intercoms. The property has been upgraded with copper plumbing, new electrical and dual pane windows. Secured building with garage parking for 23 cars (no retrofit needed). This is an excellent opportunity to acquire a turnkey property easy to manage with low expenses. Strong cash flow with a 5.61% cash on cash return day one.
    Exterior Features

    Lot Size Area 13795 Other Structures None Parking Garage Garage Pool Description None Pool YN No Roof Shingle Tennis YN No Total Parking 23

    Interior Features

    Baths Total 23.00 Cooling Wall/Window Den No Dining Room No Equipment BarbequeCeiling FanDishwasherDryerIntercomMicrowaveRange/OvenRefrigeratorWasher Family Room No Heating Wall

    Property Features

    Gross Income 510391 Gross Operating Income 510391 Like Units1 23 Net Operating Income 324655.00 Number Of Buildings 1 Number Of Units 23 Owner Pays Water Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays ElectricityGasOther Total Annual Expense 171900 Type Of Units Apartments Zoning Lar4

    Listing provided courtesy of Dominick Faraone DRE#01925895 of Miller & Desatnik Realty Co..


    Based on information from CRISNet MLS as of 2020-04-02T12:42:49.783. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-04-02T12:42:49.783. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    Based on information from the Conejo Simi Moorpark Association of Realtors as of 2020-04-02T12:42:49.783. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    Based on information from the i-Tech MLS as of 2020-04-02T12:42:49.783. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    Licensed in the State of California, USA.
     
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