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    3288 San Marino Street

    Los Angeles (City), CA 90006
    • $1,195,000
    • STATUS: Active Under Contract
    • ON SITE: 48 days
    • ID#: 21736404
    Under Contract
    UPDATED: 66 min ago
    $1,195,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1907
    County:

    School Ratings & Info

    Description

    Bread & butter 4-plex for sale in KoreaTown on a corner lot WITH PARKING. Built in 1907 and subject to city of Los Angeles rent control. 5,907 sq ft lot zoned LAR4. Two 2 bedroom units and two studio units, all occupied. Units are easy to rent with 4 parking spaces with a controlled access gate off of San Marino St. Detached garage with possibility to convert to ADU (buyer to verify). Community laundry room with leased washer and dryer. Owner pays for Water/sewer & trash. Two of the four units are being billed back for owner paid utilities. 3 separate individual water heaters (two units share one water heater). 3 separate gas meters (2 units share one gas meter). 3 separate electric meters (2 units share an electric meter). County assessor and City of Los Angeles (ZIMAS) shows property as 4 legal units (Buyer to verify).

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-24T21:27:47.573. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
    www.twissrealty.com/homes/117956476
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    3288 San Marino Street Los Angeles (City), CA 90006

    • Price: $1,195,000
    • Status: Active Under Contract
    • Updated: 66 min ago
    • ID#: 21736404
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    1907
    Built
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    Bread & butter 4-plex for sale in KoreaTown on a corner lot WITH PARKING. Built in 1907 and subject to city of Los Angeles rent control. 5,907 sq ft lot zoned LAR4. Two 2 bedroom units and two studio units, all occupied. Units are easy to rent with 4 parking spaces with a controlled access gate off of San Marino St. Detached garage with possibility to convert to ADU (buyer to verify). Community laundry room with leased washer and dryer. Owner pays for Water/sewer & trash. Two of the four units are being billed back for owner paid utilities. 3 separate individual water heaters (two units share one water heater). 3 separate gas meters (2 units share one gas meter). 3 separate electric meters (2 units share an electric meter). County assessor and City of Los Angeles (ZIMAS) shows property as 4 legal units (Buyer to verify).
    Exterior Features

    Architectural Style Traditional Entry Location Ground Level W/Steps Foundation Details Raised Lot Features No Landscaping Parking Features AssignedControlled EntrancePrivate Parking Total 1 Pool Features None Pool Private YN No Spa Features None Spa YN No View None View YN No

    Interior Features

    Appliances Gas OvenMicrowaveRefrigerator Fireplace Features None Fireplace YN No Flooring LaminateTile

    Property Features

    Garage YN Yes Gross Income 71567 Laundry Features Common Area Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 40795 Rent Control YN Yes Senior Community YN No Sewer Other Special Listing Conditions Standard Tenant Pays ElectricityGasTrash CollectionWater Vacancy Allowance Rate 0 Zoning Lar4

    Listing provided courtesy of Josh Hodeda of Ingenious Asset Group, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-24T21:27:47.573. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
     
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