21

2757 SAN MARINO ST Los Angeles, CA 90006

$2,500,000

12

Bedrooms

9

Total Baths

Full Baths

6,308

Square Feet

0.15

Acres

1925

Year Built

Active

Status

MLS#

21-103805

Listed By Sean Rosenzweig
Marcus & Millichap

The Scarlett consists of four one-bedroom den units and four two-bedroom units on a 6,750 square foot parcel. Current Ownership has extensively renovated six units and features thoughtful design details like Spanish tiles, high ceilings, marble countertops, state-of-the-art appliances, and more. Renovated units also include Split A/C-Heat system and washer and dryers and are achieving premiums over the average in-place rents. Additionally, the common area has been improved with new exterior paint and secured parking. This offering presents investors a rare buying opportunity to purchase a stabilized asset with six out eight units at market rents, providing passive income in a market that has shown consistent growth in population and rents year over year.

Details


Interior
Bathrooms Total
9
Bedrooms Total
12
Living Area
6,308 SqFt.

Building And Construction
Number Of Units Total
8
Property Sub Type
Multi Family
Property Type
Residential Income
Year Built
1925

Exterior And Lot
Lot Size Acres
0.1549
Lot Size Square Feet
6747
Parking Total
8
Zoning
LAR4

Utilities
Cooling
Other
Heating
Other

Area And Schools
City
Los Angeles
County Or Parish
Los Angeles

Additional Info
GrossOperatingIncome
173834
GrossRentMultiplier
14.87
PricePerSqFt
396.32

Listing Office Marcus & Millichap, 213-943-1800

MLS# 21-103805

Updated 1:19AM - 1/19/2022

Listing Agent Sean Rosenzweig, 213-943-1897

The multiple listings information is provided by The MLS?/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2022 The MLS?/CLAW. All Rights Reserved. The information provided is for consumers? personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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