$1,250,0002627 San Marino St

New

2627 San Marino St, Los Angeles, CA, 90006

$1,250,000

Est. Monthly Price:

0.15 Acres
Land
Schools Nearby
Image provided by Mapbox

Property Facts and Features

Home TypeOther

ViewCity Lights

MLS #22200255

Lot Size0.15 Acres

StatusActive

About 2627 San Marino St, Los Angeles, CA, 90006

Price Reduced by 150k! Large 4-Unit Income Property (4,680 SF) in Prime Koreatown priced at only $267/SF with approved RTI plans for 2 Detached ADUs in the back. The property sits on a large 6,750 SF R4-1 Lot TOC Tier 2 which allows you to build 16 units by right and 29 units by TOC. Promising residential income or development opportunity with incredible upside to 7.7% Cap Rate and 10.4 GRM on the proforma. The property is centrally located next to numerous new developments and just a few blocks south of Wilshire Blvd in proximity to the 110 and 10 freeways, and in a walker paradise (97 walking score). The property is just 1.5 miles West of LA Live, Staples Center, and 2 miles North of the USC campus. This is an opportunity that cannot be missed!

Exterior Features

  • View:

    City Lights
  • Lot Size:

    0.15 Acres

Other

  • Originating MLS:

    CRMLS
  • MLS Number:

    22200255
  • Directions:

    From Hoover Ave, Turn West onto San Marino. The property is the second lot on the right.
  • Listing Office:

    Global Platinum Properties, Inc.
  • Listing Agent:

    Julio Ruiz
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Los Angeles Housing Market Report

Sold Prices For All Homes in Los Angeles

This Home$1.2M
$195K$27.0M

The Median Sold Price for All Homes in Los Angeles is $971.2K

Based on homes sold in the last 12 months

See Los Angeles Housing Market Report

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/27/2022, 12:55:10 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

What's it like to live at 2627 San Marino St, Los Angeles, CA, 90006?

Schools Near 2627 San Marino St, Los Angeles, CA, 90006

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Outlined schools indicate they are assigned to this listing.

Elementary

7

Hoover Street Elementary School Hoover Street Elementary School url

2726 Francis Ave0.10 mi

Public District KG-5

9

Melrose Avenue Elementary School Melrose Avenue Elementary School url

731 N Detroit St4.00 mi

Public Magnet KG-6

9

Academy For Enriched Sciences Academy For Enriched Sciences url

6170 Lockhurst Dr22.51 mi

Public Magnet 1-5

Middle

2

Young Oak Kim Academy Young Oak Kim Academy url

615 Shatto Pl0.63 mi

Public District 6-8

1

Berendo Middle School Berendo Middle School url

1157 S Berendo St0.72 mi

Public District 6-8

4

Studio Studio url

2211 W Avenue 304.40 mi

Public District 6-8

High

3

Rfk Community Schools-New Open World Academy K-12 Rfk Community Schools-New Open World Academy K-12 url

3201 W 8th St0.74 mi

Public District KG-12

5

Rfk Community Schools- For The Visual Arts and Hum Rfk Community Schools- For The Visual Arts and Hum url

701 S Catalina St0.75 mi

Public District 9-12

4

Rfk Community Schools-Ambassador-Global Leadership Rfk Community Schools-Ambassador-Global Leadership url

701 S Catalina St0.75 mi

Public District 6-12

All data from Great Schools

What Are The Neighbors Like?

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2627 San Marino St, Los Angeles, CA, 90006

What is the listing price of this property?

The listing price of 2627 San Marino St property is $1,250,000.

What type of property is this?

The property 2627 San Marino St is land located in Los Angeles, California, 90006.

Is this property for sale now?

Active Listing: 2627 San Marino St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2627 San Marino St are:
Hoover Street Elementary School: GreatSchools Rating 7/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Young Oak Kim Academy: GreatSchools Rating 2/10
Berendo Middle School: GreatSchools Rating 1/10
Studio: GreatSchools Rating 4/10
Rfk Community Schools-New Open World Academy K-12: GreatSchools Rating 3/10
Rfk Community Schools- For The Visual Arts and Hum: GreatSchools Rating 5/10
Rfk Community Schools-Ambassador-Global Leadership: GreatSchools Rating 4/10

How much acreage is this property?

The property 2627 San Marino St is 0.15 acres.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900062627 San Marino St

This home is located at 2627 San Marino St in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. This home sits on a 0.15 acre lot. It has been listed on Rocket Homes since September 23, 2022 and is currently priced at $1,250,000. The neighbors living near this home have an average income of $30,963.

The inventory of homes for sale in Los Angeles, CA between July 2022 and August 2022 increased by 8%. In August 2022 median list price was $971,257 and the average listing age was 27 days. In August 2022 more than 706 listings in Los Angeles, CA were sold above the asking price. During the same period more than 238 listings were sold at asking price, while more than 671 were sold below. Residents of Los Angeles, CA typically earn less than $35k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

Info IconFrom Rocket Homes Real Estate and based on county public records data.