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Sold for $1,737,000
  • Listed by: Real Broker • Ryan Smagacz • Contact: 951-296-8095
    Bought with: None MRML
    $1,737,000

    2625 San Marino St, Los Angeles, CA 90006

    8beds
    4baths
    4,680sqft
    Quadruplex
    Built in 1916
    -- sqft lot
    $1,736,400 Zestimate®
    $371/sqft
    $2,869 Estimated rent

    Home value

    $1,736,400

    $1.58M - $1.91M

    $2,869/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan Smagacz DRE #02126879 951-296-8095,

    Real Broker

    Bought with:

    NONE NONE, DRE #N/A

    None MRML

    Source: CRMLS,MLS#: DW25179978MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Ductless, High Efficiency
    Cooling
    • Ductless, Electric, High Efficiency, Heat Pump
    Appliances
    • Included: Dryer, Washer
    • Laundry: Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
    Features
    • Has fireplace: Yes
    • Fireplace features: Bath, Den, Electric, Gas, Kitchen, Living Room, Primary Bedroom, Outside
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 4,680
    • Total interior livable area: 4,680 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Assigned, Detached Carport
    • Carport spaces: 5
    • Uncovered spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    Lot
    • Size: 6,752 Square Feet
    • Features: 2-5 Units/Acre, Garden, Landscaped, Near Public Transit
    Details
    • Parcel number: 5077027015
    • Zoning: LAR4
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1916

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

    Community & HOA

    Community
    • Features: Park, Storm Drain(s), Sidewalks
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $371/sqft
    • Tax assessed value: $1,040,400
    • Annual tax amount: $13,078
    • Date on market: 8/9/2025
    • Cumulative days on market: 25 days
    • Listing terms: Cash,Cash to Existing Loan,Conventional,Cal Vet Loan,1031 Exchange,FHA,Fannie Mae,Freddie Mac,Government Loan,VA Loan
    • Total actual rent: 11550
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    8/12/2026Listing removed$2,800$1/sqft
    Source: CLAW #26870315 Report a problem
    8/9/2026Listed for rent$2,800+7.7%$1/sqft
    Source: CLAW #26870315 Report a problem
    10/20/2025Sold$1,737,000-3.4%$371/sqft
    Source: CRMLS #DW25179978 Report a problem
    10/2/2025Pending sale$1,799,000$384/sqft
    Source: CRMLS #DW25179978 Report a problem
    9/4/2025Contingent$1,799,000$384/sqft
    Source: CRMLS #DW25179978 Report a problem
    8/19/2025Price change$1,799,000-5.3%$384/sqft
    Source: CRMLS #DW25179978 Report a problem
    8/9/2025Listed for sale$1,899,000+40.1%$406/sqft
    Source: CRMLS #DW25179978 Report a problem
    7/18/2025Listing removed$2,600$1/sqft
    Source: Zillow Rentals Report a problem
    7/14/2025Price change$2,600-7.1%$1/sqft
    Source: Zillow Rentals Report a problem
    6/22/2025Price change$2,800-3.4%$1/sqft
    Source: Zillow Rentals Report a problem
    6/17/2025Price change$2,900-3.3%$1/sqft
    Source: Zillow Rentals Report a problem
    6/14/2025Listed for rent$3,000$1/sqft
    Source: Zillow Rentals Report a problem
    3/24/2025Sold$1,355,000-2.9%$290/sqft
    Source: Public Record Report a problem
    2/27/2025Contingent$1,395,000$298/sqft
    Source: CLAW #24-465163 Report a problem
    1/23/2025Price change$1,395,000-12.5%$298/sqft
    Source: CLAW #24-465163 Report a problem
    11/19/2024Listed for sale$1,595,000+59.5%$341/sqft
    Source: CLAW #24-465163 Report a problem
    2/13/2023Sold$1,000,000+42.1%$214/sqft
    Source: Public Record Report a problem
    5/28/2021Sold$703,500$150/sqft
    Source: CLAW #21687842 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,078 +1.4%$1,040,400 +2%
    2024$12,893 +8.4%$1,020,000 +8.9%
    2023$11,891 +4.7%$936,360 -20.9%
    2022$11,355 -34.1%$1,183,200 -16.4%
    2021$17,240 +910.5%$1,414,504 +1451.3%
    2020$1,706 $91,184 +2%
    2019$1,706 +10.4%$89,397 +2%
    2018$1,546 $87,645 +2%
    2017$1,546 +1.5%$85,927 +2%
    2016$1,523 +6.4%$84,243 +1.5%
    2015$1,432 -1.4%$82,978 +2%
    2014$1,452 $81,354 +2.5%
    2012-- $79,401 +2%
    2011-- $77,845 +0.8%
    2010-- $77,264 -0.2%
    2009-- $77,448 +2%
    2008-- $75,930 +2%
    2007-- $74,442 +2%
    2006-- $72,984
    2005-- $72,984 +4%
    2004-- $70,152 +1.9%
    2003-- $68,867 +2%
    2002-- $67,517 +4%
    2000-- $64,897
    Find assessor info on the county website

    Neighborhood: Koreatown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,736,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,736,400