We are pleased to present a four (4) unit apartment building located at 2625 San Marino Street in Los Angeles, California. The subject property is situated in a n ideal Koreatown location, west of S Hoover St and north of W Olympic Boulevard. Built in 1916, this property of a streamlined unit mix of four (4) two-bedroom / one-bathroom units. All four (4) units will be delivered vacant. The units are very spacious averaging over 1,150 square feet each and include washer and dryer hookups. Senate Bill 1211, which recently was signed by the governor, allows for the potential to double the unit count by converting the carports located in the bac k of the property into individual ADU unit(s). This asset also boasts easily maintained landscaping with lovely curb appeal. The surrounding area also features many other wonderful amenities including MacArthur Park, Coffee MCO, Langer's Delicatessen-Restaurant, The Bellwether, and Dynasty Typewriter. This property is also located only a few blocks from the Westlake/MacArthur Metro Line providing tenants immediate access to major employment hubs throughout Los Angeles. Situated in an ideal Koreatown location, this offering presents an excellent opportunity for any investor to capitalize on a completely vacant building with the potential to double the unit count.
Property Details
Property Features
Property Information:
Year Built: 1916
Stories: 2
Living Area: 4,680 SqFt
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Jason Tuvia
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 8
Exterior Features
Exterior Information:
Private Pool: No
View: City Lights
Parking Information:
Attached Garage: No
Parking: Carport
Lot Features
Lot Information:
Lot: Landscaped
Lot Size: 0.15 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Other
Directions Information:
Directions: The subject property is situated in an ideal Koreatown location, west of S Hoover St and north of W Olympic Boulevard.
Price Information
Listing Price Info
Price Summary:
List Price: $1,595,000
Price Per SqFt: $341/SqFt
Tax Information:
Annual Amount: $17,240
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $573.4K more than the Median Sold Price and $299/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24465163
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Jason Tuvia
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/22/2024, 11:55:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
May 28, 2021
May 28, 2021Home Sold
$703,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$17,240
$1,414,504
2020
$1,661
$91,184
2019
$1,545
$89,397
2018
$1,523
$87,645
2017
$1,523
$85,927
History based on county public records data.
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Hoover Street Elementary
2726 Francis Ave
Distance between this listing and this school0.09 miles
Public District Grades KG-5
2
/10
Politi Elementary School
2481 W 11th St
Distance between this listing and this school0.31 miles
Public District Grades KG-5
4
/10
MacArthur Park Elementary School
2300 W 7th St
Distance between this listing and this school0.35 miles
Public District Grades KG-5
Nearby Schools
5
/10
Equitas Academy #2
2723 W 8th St
Distance between this listing and this school0.19 miles
Public Charter Grades 5-8
6
/10
Equitas Academy 4
631 S Commonwealth Ave
Distance between this listing and this school0.32 miles
Public Charter Grades 5-8
6
/10
Rise Kohyang Middle School
3020 Wilshire Blvd Fl 2
Distance between this listing and this school0.43 miles
Public Charter Grades 6-8
Nearby Schools
2
/10
Harold Mcalister High (Opportunity)
611 S Carondelet St
Distance between this listing and this school0.50 miles
Public District Grades 6-12
9
/10
Rise Kohyang High School
600 S La Fayette Park Pl Fl 3
Distance between this listing and this school0.52 miles
Public Charter Grades 9-12
6
/10
University Preparatory Value High School
1929 W Pico Blvd
Distance between this listing and this school0.63 miles
The neighbors living near this home have an average income of $30,963. Most Los Angeles, CA residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2625 San Marino St
What is the listing price of this property?
The listing price of 2625 San Marino St property is $1,595,000.
What type of property is this?
The property 2625 San Marino St is a house located in Los Angeles, California, 90006.
Is this property for sale now?
Active Listing: 2625 San Marino St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $17,240 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 28, 2021 for $703,500. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 2625 San Marino St has 8 bedrooms and 4 bathrooms.
What is the square footage of this property?
The property 2625 San Marino St is 4,680 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2625 San Marino St is 1916.
This home is located at 2625 San Marino St in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. This 4,680 square foot home, which was built in 1916, sits on a 0.15 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $1,595,000.
Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. The number of listings in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. Listings spent 38 days on the market in November 2024, and had a median list price of $1,021,532 during the same period.
From Rocket Homes Real Estate and based on county public records data.