2845 San Marino Street is an attractive 20-unit investment opportunity located in Koreatown. The offering, built in 1922, is an opportunity for the savvy investor to purchase an apartment building in a desirable Los Angeles submarket and see immediate returns with further rental upside and long-term rent appreciation. Current ownership has conducted meaningful and material upgrades throughout the building. The unit composition consists of twenty (20) Studio apartments featuring a combination of various interior improvements such as new tile flooring and/or original hardwood flooring (either exposed or otherwise), plus kitchen and bath enhancements. Building amenities include common area laundry facilities (leased equipment ; 2 washers and 2 dryers), decorative common areas with wood flooring, and decorative treatments. Electricity is separately metered and gas utilities are master metered. See Private Remarks for details on assumable financing.
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