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2861 San Marino Street

Los Angeles, CA 90006

– beds
– baths
– sqft
6,752 sqft lot
1909 build
– on site

An absolutely perfect duplex 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.

Listed By CRMLS_CA / Ethan Baik / Newcastle Realty, Inc. / ethan.baik@baikhome.com

Last checked: Checking… • Last updated Oct 12, 2024 •

MLS# PW24209419 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1909
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Drywall Walls, Stucco
Architectural Style:

Spanish
Roof:

Clay
Entry Level:

1
Foundation:

Slab
Accessibility Features:

None
Common Walls:

1 Common Wall
Faces:

South
Building Area Total:

4640.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

4
Stories Total:

2
# of Separate Gas Meters:

4
# of Separate Water Meters:

4
# of Separate Electric Meters:

4

Interior

Features:

Granite Counters
Levels:

Two
Entry Location:

1
Window Features:

Roller Shields, Screens
Flooring:

Tile, Wood
Room Type:

Kitchen, Living Room
Number Wall AC:

4
Fireplace:

Yes
Fireplace:

Living Room, Masonry
Laundry:

Gas Dryer Hookup, In Kitchen, Inside, Washer Hookup
Laundry:

1

Location

Directions:

Vermont Ave. + San Marino St.
Latitude:

34.05525400
Longitude:

-118.29076000

The Property

Property Type:

Residential Income
Subtype:

Duplex
Zoning:

LAR4
Lot Features:

2-5 Units/Acre, Rectangular Lot, No Landscaping, Paved, Walkstreet
Lot Size Area:

6752.0000
Lot Size Acres:

0.1550
Lot Size SqFt:

6752.00
Lot Size Source:

Assessor
View:

None
Fencing:

Wrought Iron
Fence:

Yes
Security Features:

Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
Road Frontage:

City Street
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

2122.02
Tax Year:

2023
Tax Tract:

todds
Tax Lot:

14
Tax Annual Amount:

13426.00

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5077029009

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Utilities:

Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer, Sewer Paid
Electric:

Standard
Water Source:

Public

Appliances

Appliances:

Gas Oven, Gas Range
Included:

Yes

The Community

Senior Community:

No
Features:

Gutters, Sidewalks, Street Lights
Pool:

None
Private Pool:

No
Spa Features:

None
Association:

No
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Garage, Garage Faces Rear, Garage - Single Door, Gated, On Site
Parking Spaces:

4.00
Garage Spaces:

4.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/10/24 Oct 10, 2024	Listed / Active	CRMLS_CA	$1,799,000

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This multifamily located in Central LA, Los Angeles, CA 90006 is currently for sale for $1,799,000. 2861 San Marino Street is a – square foot multifamily with – beds and – baths that has been on Estately for 45 days. 2861 San Marino Street is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 96, making it a walker’s paradise. This multifamily is in the attendance area of Rfk Comm Schls - Ambassador School - Global Leadership, Young Oak Kim Academy, Rfk Comm Schls New Open World Academy K12, Rfk Comm Schls - Ambassador School - Global Education, Rfk Comm Schls Los Angeles High School Of The Arts, Rfk Comm Schls School For Visual Arts And Humanities, and Rfk Comm Schls Ucla Community School K12.

Listing Courtesy of: CRMLS_CA and Newcastle Realty, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 18:50 on Nov 24.

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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.