2649 SAN MARINO, LOS ANGELES CA 90006

  • 38,338 sq.ft.
  • 13,500 sq.ft. lot
offered at $5,500,000
MLS#:21111365
Status: Active // Property Type:
County: Los Angeles // Year Built: 2022

Property Description

2649-2655 San Marino Street is a development opportunity in LA's thriving Koreatown submarket. Plans being approved for 6-story multi-residential building with 5 levels of residential, one level of on-grade parking and one level of subterranean parking over +/-13,500 square feet of land. The current design includes 55 Class A units, with a highly desirable unit mix of 15 studios, 25 one-bedroom apartments and 15 2-bedroom apartments over +/-38,338 building SF. All units have balconies and in-unit washer and dryers. Other amenities planned include 42 total parking spaces with 13 EV spaces, bicycle parking with 62 spaces, a space for a fitness room and a rooftop deck with great views of DTLA and Wilshire Corridor. Six units are reserved for affordable housing. The seller will deliver this project with RTI. MEP plans have been started and the Letter of Determination has been drafted and submitted to the City Planner and waiting on revisions. Currently there are 4 units on each lot, for a total of 8 units. The developer of this property will participate in the growth of a submarket which has transformed into one of the most desirable places for urban living. Can be sold as-is for $3,450,000.

Listing Courtesy of Alexavier Shin, Iconic Investments

Interior Features

Heating: Central
FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

Use of this site means you agree to the Terms of Use

Based on information from California Regional Multiple Listing Service, Inc. as of June 29, 2022. 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.