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$1,799,000

Est. payment - /mo

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4,640 SqFt

Active

2861 San Marino ST Los Angeles, CA 90006

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

10/12/2024 01:28 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,640 sqft

Price per Sqft $387

MLS Listing ID PW24209419

HOA Y/N No

Year Built 1909

Annual Tax Amount $13,426

Tax Year 2023

Lot Size 6,751 Sqft

Property Description

An absolutely perfect duplex property featuring 3 bedrooms and 1 bath in each unit, ideal for a long-term investment plan with a 5.93% cap rate. This is a great income property with minimal upkeep costs expected for years to come, making for easy management! One unit can be occupied by the owner or rented out for $3,000. Each units are spacious and come with a detached garage at the back. This opportunity won't last long! Request an Offering Memorandum for a detailed financial analysis. Call for more information.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR4

Rooms

Ensuite Laundry Washer Hookup, Gas Dryer Hookup, Inside, In Kitchen

Interior

Interior Features Granite Counters

Laundry Location Washer Hookup,Gas Dryer Hookup,Inside,In Kitchen

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Tile, Wood

Fireplaces Type Living Room, Masonry

Fireplace Yes

Appliance Gas Oven, Gas Range

Laundry Washer Hookup, Gas Dryer Hookup, Inside, In Kitchen

Exterior

Garage Door-Single, Garage, Gated, On Site, Garage Faces Rear

Garage Spaces 4.0

Garage Description 4.0

Fence Wrought Iron

Pool None

Community Features Gutter(s), Street Lights, Sidewalks

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Clay

Accessibility None

Parking Type Door-Single, Garage, Gated, On Site, Garage Faces Rear

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre, No Landscaping, Paved, Rectangular Lot, Walkstreet

Faces South

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer, Sewer Tap Paid

Water Public

Architectural Style Spanish

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5077029009

Security Features Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Listed by Ethan Baik • Newcastle Realty, Inc. • ethan.baik@baikhome.com

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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