2649 San Marino Street

LOS ANGELES, CA, 90006

$5,500,000

$143 per ft²
$5,500,000
$143 per ft²
Active
Active
 - For Sale
beds
55 Beds
baths
70 Baths
carpenters-square
38,338 ft²
property_type
Multi-family
calendar
Built 2022
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.
MLS® ID:
21-111365
Listed:
10/21/21
Updated:
9/29/22

Interior Features

Total Bedrooms
55
Total Bathrooms
70
Laundry Description
In Unit
Cooling
Central
Heating
Central

Exterior/Building Features

Lot Size
0.31 acres lot
Exterior Features
None
Architectural Style
Modern

Other Property Details

Garage
Yes
Garage Spaces
42
Parking
Garage
Parking Total
42.0
View
N
County
Los Angeles
Water Source
Public
Pool
No
Pool Description
None
Total Stories
6
Zoning
R4-1

 

Courtesy of Alexavier Shin, Iconic Investments

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Rory Posin shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/29/22

Contact