2 months on rocket

2861 San Marino St, Los Angeles, CA, 90006

$1,799,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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2861 San Marino St, Los Angeles$1,799,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDoor-Single, Garage, Gated, On Site, Garage Faces Rear
Garage4 spaces
Year Built1909
HeatingWall Furnace
CoolingWall/Window Unit(s)
FireplaceLiving Room, Masonry
ViewNone
MLS #PW24209419
Lot Size0.15 Acres
StatusActive

About 2861 San Marino St

An absolutely perfect quadruplex property featuring 3 bedrooms and 1 bath in each unit, ideal for a long-term investment plan with a 5.93% cap rate. This is a great income property with minimal upkeep costs expected for years to come, making for easy management! One unit can be occupied by the owner or rented out for $3,000. Each units are spacious and come with a detached garage at the back. This opportunity won't last long! Request an Offering Memorandum for a detailed financial analysis. Call for more information.

Property Details

Property Features

Property Information:

  • Architectural Style: Spanish
  • Year Built: 1909
  • Stories: 2

Listing Office:

  • Office Name: Newcastle Realty, Inc.
  • Office Email: ethan.baik@baikhome.com
  • Listing Agent: Ethan Baik

Interior Features

Interior Information:

  • Appliances: Gas Oven, Gas Range
  • Flooring Type: Tile, Wood
  • Interior: Granite Counters
  • Fireplace: Living Room, Masonry

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Door-Single, Garage, Gated, On Site, Garage Faces Rear

Lot Features

Lot Information:

  • Lot: Paved, Rectangular Lot
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Vermont Ave. + San Marino St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,799,000

Tax Information:

  • Annual Amount: $12,643
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

2861 San Marino St vs Los Angeles

73 DAYS ON ROCKET

+35 Days

$1,799,000

+$777.4K More

KEY TAKEAWAY

This property is $777.4K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24209419

Listing Office:

  • Office Name: Newcastle Realty, Inc.
  • Office Email: ethan.baik@baikhome.com
  • Listing Agent: Ethan Baik

IDX 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: 12/24/2024, 10:21:00 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

Jun 17, 2013Home Sold
$818,000
Sep 20, 2005Home Sold
$1,090,000
Mar 05, 2003Home Sold
$500,000
Nov 12, 1999Home Sold
$350,000
Feb 20, 1998Home Sold
$260,000

Tax History

YEARPROP. TAXASSESSMENT
2021$12,643$1,019,252
2020$12,273$1,008,802
2019$12,103$989,022
2018$11,848$969,630
2017$11,848$950,619

History based on county public records data.

Payment Calculator

$9,046

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,460

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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.

Nearby Schools

school-card-donut-1433355
7
/10

  • Hoover Street Elementary

  • 2726 Francis Ave

  • 0.33 miles

  • Public District Grades KG-5

school-card-donut-1433356
2
/10

  • Politi Elementary School

  • 2481 W 11th St

  • 0.36 miles

  • Public District Grades KG-5

school-card-donut-1433357
3
/10

  • RFK Community Schools - Ambassador School of Global Education

  • 3201 W 8th St

  • 0.43 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,429. The most common annual income of people living in Los Angeles, CA is less than $35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90006›2861 San Marino St

This home is located at 2861 San Marino St in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. This home, which was built in 1909, sits on a 0.15 acre lot. It has been listed on Rocket Homes since October 12, 2024 and is currently priced at $1,799,000.

Los Angeles, CA housing market in November 2024 saw over 512 listings sold above listed price, more than 177 sold at listed price and over 657 sold below. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. The median list price of listings available in November 2024 was $1,021,532, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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