$1,175,000

Estimated payment $7,667/month

Total Views 751
8 Beds
4 Baths
2,996 Sq Ft
$392 Price per Sq Ft

Highlights

  • City Lights View
  • Traditional Architecture
  • Double Pane Windows
  • UCLA Community School Rated A-
  • Balcony
  • 2-minute walk to Seoul International Park

About This Home

Nestled in the heart of Mid-Wilshire's sought-after Koreatown, this well-maintained, pride-of-ownership fourplex offers stable income that now features one vacant unit, perfect for an owner-user or for setting market rent! Each updated unit includes 2 bedrooms and 1 bathroom, with luxury vinyl hardwood floors, recessed lighting, modern kitchens with quartz countertops, in-unit washer/dryer, and a balcony or patio. Originally built in 1912, the property underwent extensive renovations in 2013, including HVAC, electrical, plumbing, and low-voltage upgrades, along with refreshed interior and exterior finishes. A dedicated parking space is included with vacant unit #3172, with additional parking conveniently available through a nearby church for a modest monthly fee. 3166 San Marino is located in an "Opportunity Zone" and is an excellent set up for an owner/user looking to occupy the vacant unit or for investors seeking strong returns in a competitive rental market. Also ideal for a 1031 exchange. Just minutes from DTLA, the Metro line, 10/110 freeways, and all that vibrant Koreatown has to offer! *Please DO NOT disturb tenants.*

Listing Agent

Rodney Wittbrodt

Compass License #02095111 Listed on: 07/24/2025

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,185

Year Built

  • Built in 1912

Lot Details

  • 2,438 Sq Ft Lot
  • North Facing Home
  • Gated Home

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,996 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • City Lights Views

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Disposal

Flooring

  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Remodeled Bathroom
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Driveway
  • Off-Site Parking

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Additional Features

  • Balcony
  • City Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5078-002-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,185

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Nestled in the heart of Mid-Wilshire's Koreatown, this well-maintained, pride-of-ownership fourplex offers stable income with one vacant unit - ideal for an owner-user or to set market rent. Each updated 2BD/1BA unit features luxury vinyl floors, recessed lighting, modern kitchens with quartz counters, in-unit laundry, and private outdoor space. Built in 1912 and extensively renovated in 2013 with upgraded HVAC, electrical, plumbing, and finishes. Vacant unit #3172 includes 1 parking space; additional parking available nearby through a church for a modest fee. Located in an Opportunity Zone, this is a great setup for an owner/user or investor seeking strong returns. Also ideal for a 1031 exchange. Minutes to DTLA, the Metro, 10/110 freeways, and Koreatown hotspots. Please do not disturb tenants.
  • Living Area: 2996
  • Lot Acreage: 0.0560
  • Stories: 2
  • Year Built: 1912
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Vinyl Plank
  • Appliances: Cooktop - Gas, Oven, Microwave
  • Bedrooms: 8
  • Bathroom Features: Remodeled
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Equipment: Microwave, Freezer, Garbage Disposal, Refrigerator, Range/Oven, Washer, Dryer
  • Price Per S Q F T: 392.19
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: North
  • Other Features: Balcony
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Walk Street
  • View: Yes

Garage/Parking

  • Other Spaces: 1
  • Parking Garage: Offsite, Driveway
  • Total Parking: 1

Utilities

  • Cooling: Central, Wall Unit(s)
  • Heating: Central, Wall
  • Security: Gated, Exterior Security Lights, Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: In Street
  • Water: In Street

Lot Info

  • Assessed Improvement Percent: 26.09
  • Assessed Improvement Value: 321660
  • Assessed Land Percent: 73.91
  • Assessed Land Value: 911371
  • Total Assessed Value: 1233031
  • Assessor Parcel Number: 5078-002-026
  • Lot Location: City
  • Lot Size Area: 2438

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 12.55
  • Number Of Units: 4
  • Total Annual Expense: 8970
  • Type Of Units: 2 Bd | 1 Ba
  • Vacancy Rate: 25%

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,185 $1,257,691 $929,598 $328,093
2024 $15,185 $1,233,031 $911,371 $321,660
2023 $14,895 $1,208,854 $893,501 $315,353
2022 $14,207 $1,185,152 $875,982 $309,170
2021 $14,023 $1,161,914 $858,806 $303,108
2020 $14,166 $1,150,220 $850,000 $300,220
2019 $8,034 $653,285 $337,793 $315,492
2018 $7,976 $640,481 $331,170 $309,311
2016 $7,608 $615,401 $318,311 $297,090
2015 $7,499 $606,158 $313,530 $292,628
2014 $7,547 $594,285 $307,389 $286,896
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 For Sale $1,175,000 +2.2% $392 / Sq Ft
10/07/2019 10/07/19 Sold $1,150,000 0.0% $384 / Sq Ft
08/28/2019 08/28/19 Price Changed $1,150,000 -11.2% $384 / Sq Ft
06/20/2019 06/20/19 For Sale $1,295,000 -- $432 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,150,000 None Available
Grant Deed -- Accommodation
Grant Deed $390,000 Lsi Title Company
Trustee Deed $367,603 Accommodation
Quit Claim Deed -- Ticor Title
Interfamily Deed Transfer -- --
Quit Claim Deed -- Commonwealth Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Investors Title Company
Interfamily Deed Transfer -- Investors Title Company
Interfamily Deed Transfer -- Investors Title Company
Grant Deed $465,000 Investors Title Company
Individual Deed -- Southland Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $7,155,000 Commercial
Closed $520,000 New Conventional
Previous Owner $440,000 Unknown
Previous Owner $412,000 Unknown
Previous Owner $600,000 Purchase Money Mortgage
Previous Owner $630,000 Purchase Money Mortgage
Previous Owner $372,000 Purchase Money Mortgage
Previous Owner $131,200 No Value Available
Closed $46,500 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25568587

The MLS

APN: 5078-002-026