K-Town Projects
K-Town Projects - 2025 Construction / Excellent Return / Guaranteed Rent
Marketing description
23-Unit | New Construction | Section 8 Tenants | No Rent Control Property Overview Situated in the heart of Koreatown, 2683 San Marino St is a brand-new 23-unit multifamily development completed in 2025. Rising six stories, this contemporary building offers a unit mix of 1-bedroom, 1-bathroom units which is extremely popular in this area demographic and is ideally positioned for long-term cash flow and stability. Investment Highlights NEWLY CONSTRUCTED 2025 – Modern construction, low maintenance No Rent Control Section 8 Approved – Stable, guaranteed rental income 13 Parking Spaces – On-site tenant convenience Potential to Add 2 ADUs – Expand cash flow
Investment highlights
Offering Details Price: Unpriced – Submit Best Offer
CAP Rate (Pro Forma):
4.15% GRM: 17.34
Lot Size: 15,500 SF
Stories: 6
Units: 23 (All 1 Bed / 1 Bath)
(PROPERTY METRICS BASED OFF OF OUR PROJECTED PRICE)
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