2811 San Marino Street
Los Angeles, CA 90006
8,124Sqft(Lot)
MAJOR PRICE REDUCTION! We are pleased to present San Marino Villas, a rare opportunity to acquire a Ready-to-Issue (RTI) 45-unit development project at 2811 San Marino Street, centrally located in Koreatown. Now offered at $1,995,000, representing an attractive basis of approximately $44K per door. Existing improvements consist of 4 units to be delivered vacant, providing the buyer with a clear path toward redevelopment. The proposed project consists of 36 base units + 9 ADUs, with a unit mix of 13 two-bedroom units, 23 one-bedroom units, and 9 studios. TOC project - NOT ED1, with 11% of the base units designated Extremely Low Income. The project will be delivered RTI WITH ALL PERMIT FEES PAID! Plans call for a 7-story development featuring Type III-A construction over Type I-A, five resid
Property Details
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Lot Information
Main Square Feet: 8124 Lot Size Acres: 0.1865 Lot Size Square Feet: 8,124
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Listing Price Information
Listing Price: $1995000Original Price: $2495000
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Tax Information
Parcel Number: 5077029002
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Location Information
Direction: North of Olympic Blvd, South of 8th St, East of Vermont St, West of Hoover St
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1833 W Pico Boulevard, Los Angeles, CA, 90006 | $985,000 | -- | -- | -- | 6,247 Sq. Ft(Lot) |
| 977 Arapahoe Street, Los Angeles, CA, 90006 | $1,800,000 | -- | -- | -- | 8,542 Sq. Ft(Lot) |
| 1041 Elden Avenue, Los Angeles, CA, 90006 | $2,200,000 | -- | -- | -- | 8,703 Sq. Ft(Lot) |
| 1637 S Vermont Avenue, Los Angeles, CA, 90006 | $2,499,000 | -- | -- | -- | 12,754 Sq. Ft(Lot) |
| 1511 S New Hampshire, Los Angeles, CA, 90006 | $1,077,000 | -- | -- | -- | 6,290 Sq. Ft(Lot) |
| 1111 S Kenmore Avenue, Los Angeles, CA, 90006 | $3,795,000 | -- | -- | -- | 17,728 Sq. Ft(Lot) |
| 918 S Kingsley Drive, Los Angeles, CA, 90006 | $1,195,000 | -- | -- | -- | 6,753 Sq. Ft(Lot) |
| 1121 Irolo Street, Los Angeles, CA, 90006 | $999,000 | -- | -- | -- | 5,905 Sq. Ft(Lot) |
| 1139 S Kingsley Drive #3, Los Angeles, CA, 90006 | $1,125,000 | -- | -- | -- | 5,902 Sq. Ft(Lot) |
| 1145 S Kingsley Drive, Los Angeles, CA, 90006 | $1,125,000 | -- | -- | -- | 5,902 Sq. Ft(Lot) |
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ByOwner last updated this listing 10/10/2026 @ 21:44
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