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2625 San Marino Street, Los Angeles, CA 90006

Fourplex · 3 recorded sales since 2021

2625 San Marino Street, Los Angeles, CA 90006 Sold October 2025 CRMLS
$1,737,000Sold October 2025

Listing Agent: Ryan Smagacz (DRE #02126879) · Listing Office: Real Broker · Contact: 951-296-8095 · Bought with: NONE NONE · None MRML · MLS #DW25179978 · Source: CRMLS

6,752 sqft
Lot Size
1916
Year Built
Fourplex
Type
2
Stories
0
Garage
Ductless, Electric, HighEfficiency, HeatPump
Cooling
Ductless, HighEfficiency
Heating

About this fourplex

Fully Renovated, Turnkey 4-Unit Investment in Prime Koreatown! Discover your next perfect, hassle-free investment in one of Los Angeles’ most sought-after neighborhoods. This fully modernized four-unit multifamily property has been upgraded from top to bottom—no detail overlooked—making it an ideal addition to any portfolio. Each spacious apartment offers 2 bedrooms, 1 bathroom, with 2 dens, storage room, and laundry room and approximately 1,170 sq ft of beautifully updated living space. Complete renovations include: -Infrastructure Upgrades: New sewer lines, updated plumbing fixtures, and full electrical modernization (wiring, subpanels, switches, outlets, and lighting). -Modern Comforts: In-unit washer/dryer hookups, new dishwashers hookups, and energy-efficient 3-zone mini-split HVAC systems. -Stylish Finishes: New doors, blinds, drywall, fresh paint, white shaker kitchen cabinets with quartz countertops, premium stainless-steel appliances, and new durable flooring. -Bathroom Refresh: Contemporary vanities, new toilets, and modern fixtures. -Exterior Enhancements: Motorized, remote-controlled driveway security gate, roof repairs, termite fumigation of building & carport, and meticulously detailed windows with new wheels and parts. Property Highlights: -Covered carport with a total of 8 off-street parking spaces (2 per unit). -Lush, mature landscaping including banana and avocado trees. -$138,600 annual rental income. -Attractive around 6% cap rate and 13.7 GRM. -Tenants pay 100% of utilities; each apartment has its own electrical meter, gas meter, and water heater. -Prime location with a Walk Score of 95 and Transit Score of 82. Additional Information: Photos are virtually staged with furniture. No furniture comes with the sale. Do not disturb tenants. Showings will be conducted with an accepted offer. The listing agent holds a co-ownership interest in the property.

Listing description from the October 2025 sale, as reported to CRMLS.

Sale history

$1,737,000
Sold October 2025 · listed $1,799,000, orig. $1,899,000, on market August 2025 · MLS #DW25179978 · Source: CRMLS
Listing Agent: Ryan Smagacz · Listing Office: Real Broker · Contact: 951-296-8095 · Bought with: NONE NONE · None MRML
$1,355,000
Sold March 2025 · listed $1,395,000, orig. $1,595,000, on market November 2024 · MLS #24465163 · Source: CRMLS
Listing Agent: Jason Tuvia · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Ryan Smagacz · Real Broker
$703,340
Sold May 2021 · listed $1,299,000, on market February 2021 · MLS #21687842 · Source: CRMLS
Listing Agent: Dimitri J.S. Scourkes · Listing Office: Compass · Contact: 310-500-3900 · Bought with: Dimitri J.S. Scourkes · Compass
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