Los Angeles, CA 90006 3166 San Marino Street

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Presented By: Rodney Wittbrodt with Compass;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25489425
  • 01/27/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 8
  • Baths • 4
  • SQFT • 2,996

Home Details

Nestled in the heart of Mid-Wilshire's highly sought-after Koreatown neighborhood, this well maintained, pride-of-ownership four-unit apartment building offers stable income and is designated within an Opportunity Zone. Each updated unit features two bedrooms and one bathroom, with two situated on the first level and two perched on the second. All adorned with luxury vinyl hardwood floors, recessed lighting, updated kitchens with quartz countertops, in-unit washer and dryer, and a balcony or patio. Originally built in 1912, the property underwent extensive renovations in 2013, including updates to HVAC, electrical, plumbing, and low-voltage systems, along with modernized interior and exterior finishes. This property presents an outstanding opportunity for investors seeking a strong return and a cash-flowing asset in a competitive rental market. It's also an excellent option for a 1031 Exchange Buyer or Owner/User. Located just minutes away from DTLA, Metroline, 10/110 freeways, and all the wonderful things Koreatown has to offer. Please DO NOT disturb the tenants.
Presented By: Rodney Wittbrodt with Compass;

Interior Features for 3166 San Marino Street

Bedrooms

Total Bedrooms8

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths4

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringTile
Heating Y/NYes
Total Stories2

General for 3166 San Marino Street

Additional Parcels Y/NNo
AppliancesGasCooktop, Disposal, Microwave, Oven, Refrigerator, Dryer, Washer
Architectural StyleTraditional
Attached Garage No
Cap Rate6.9
Carport Y/NNo
CityLos Angeles
Community FeaturesGated
CoolingCentralAir
CountyLos Angeles
DirectionsNorth of W. Olympic Blvd. East of S. Western Ave. South of Wilshire Blvd. West of Vermont Ave. Mid-Wilshire area in prime Koreatown location.
DisclosuresTrustConservatorship
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income91800.0
HOANo
HeatingCentral, WallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet2438.0
Lot Size UnitsSquareFeet
MLS AreaC17 - Mid-Wilshire
MobileHomeRemainsYNNo
Net Operating Income82830.0
New ConstructionNo
Number Of Units Total4
Occupancy TypeTenant
Open Parking Spaces1.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesGatedCommunity
Senior Community Y/NNo
SewerOther
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tenant PaysElectricity, Gas, TrashCollection
ViewCityLights
Year Built1912
ZoningLAR4

Exterior for 3166 San Marino Street

Building Area Total2996.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.056
Lot Size Area2438.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesDriveway, OffSite
Private PoolNo
SpaNo
Total Parking1.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,198,000
MLS#25489425
List Date 01/27/2025
Property Type Multi-Family
Phone 714.742.6515
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