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3106 San Marino St, Los Angeles, CA, 90006

12beds
6baths
4,580sqft
$1,795,000
$392price/sqft
$12,345/moest. monthly cost
$493,800/yrincome needed

About This Home

Exceptional Koreatown Investment Opportunity! Well-maintained 6-unit apartment property located in the heart of highly desirable Koreatown, one of Los Angeles' strongest rental markets. Situated on an LAR4-zoned lot, this property offers an exceptional combination of stable current income and outstanding long-term redevelopment potential (buyer to verify). Surrounded by numerous recently developed apartment and mixed-use projects, the neighborhood continues to evolve with modern architecture and an attractive streetscape, further enhancing the property's long-term investment appeal. The property features a desirable unit mix of apartment units and detached homes, offering strong tenant appeal and operational flexibility. Ideally located just minutes from Wilshire Blvd., Vermont Ave., and Olympic Blvd., the property enjoys convenient access to Metro stations, public transportation, shopping, restaurants, and major employment centers, making it highly desirable for tenants. Whether you're seeking a turnkey income-producing asset, a value-add investment, or a prime redevelopment opportunity, this is a rare offering in one of Central Los Angeles' most sought-after investment markets.

Getting Around

94
WalkingWalker's Paradise
75
TransitExcellent Transit
66
BikeBikeable

Construction

Condition

  • Year built: 1914

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 6

Cooling

  • Cooling features: None

Features

  • Common walls with other units/homes: 2+ Common Walls

Interior Area

  • Total structure area: 4,580
  • Total interior livable area: 4,580 sqft

Property

Details

  • Parcel number: 5078004025
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 0
  • Pool features: None

Lot

  • Lot size: 6,627 sqft
  • Features: Street Level

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,076$108,912
Home Insurance *$408$4,896
Property Taxes $1,879$22,548
Electricity $982$11,785
Total$12,345$148,140
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$423,257/yr
40% on housing$370,350/yr
45% on housing$329,200/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$392This listing

vs Other Active Listings

Avg $/sqft

ZIP 90006$418
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90006$474
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-22Listed for sale$1,795,000
2024-05-24Listing removed$2,495,000
2024-05-17Listed for sale$2,495,000
2015-11-13Sold$1,295,000
2013-11-22Sold$950,000
2006-08-18Sold$865,000
2003-02-28Sold$450,000
2001-09-21Sold$345,000
1999-08-11Sold$230,000

For Sale by Agent

AgentKuangkai Kuo
BrokerageIn Realty Inc.

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