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Multifamily

3555 San Marino St

3555 San Marino St, Los Angeles, CA 90019

Listing Price: $3,145,000

Cap Rate
4.57%
Number of Units
16
GRM
12.16
Occupancy
100.0%
Price/Unit
$196,563
Price/Gross SF
$278.47
Gross SF
11,294

Investment Overview

Marcus & Millichap is pleased to present our newest listing at 3555 San Marino St, a 16-unit multifamily offering in the heart of Los Angeles’ Koreatown neighborhood. Hitting the market for the first time in over 25 years, this value-add asset features thirteen 1-bedroom/1-bath units and three 2-bedroom/1-bath units. With a completed soft-story seismic retrofit and 100% rental upside potential, 3555 San Marino presents a compelling opportunity to reposition a well-located asset in one of LA’s most dynamic rental markets. The property is surrounded by strong tenant demand, walkable amenities, and convenient access to major transit corridors. This is an ideal investment for those seeking long-term value growth and substantial income potential in a core Los Angeles location. For more information, please reach out to Stefan Ignjatovic.

Investment Highlights

  • First Time on Market in Over 25 Years
  • Value-Add Opportunity with 62% Upside +/-
  • Great Koreatown Location
  • Soft-Story Retrofit Has Been Completed

Exclusively Listed By

Multifamily

3555 San Marino St

Listing Price: $3,145,000

Cap Rate
4.57%
Number of Units
16
GRM
12.16
Occupancy
100.0%
Price/Unit
$196,563
Price/Gross SF
$278.47
Gross SF
11,294

Investment Highlights

  • First Time on Market in Over 25 Years
  • Value-Add Opportunity with 62% Upside +/-
  • Great Koreatown Location
  • Soft-Story Retrofit Has Been Completed

Investment Overview

Marcus & Millichap is pleased to present our newest listing at 3555 San Marino St, a 16-unit multifamily offering in the heart of Los Angeles’ Koreatown neighborhood. Hitting the market for the first time in over 25 years, this value-add asset features thirteen 1-bedroom/1-bath units and three 2-bedroom/1-bath units. With a completed soft-story seismic retrofit and 100% rental upside potential, 3555 San Marino presents a compelling opportunity to reposition a well-located asset in one of LA’s most dynamic rental markets. The property is surrounded by strong tenant demand, walkable amenities, and convenient access to major transit corridors. This is an ideal investment for those seeking long-term value growth and substantial income potential in a core Los Angeles location. For more information, please reach out to Stefan Ignjatovic.

Exclusively Listed By

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