2222 W 15th Street, Los Angeles, CA 90006
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
2222 W 15th Street,Los Angeles, CA 90006
$2,999,000
- 12 Beds
- 29 Baths
- 18,108 sq. ft.
- Multi-family
- Active
Listed by: sean rosenzweig
Office: marcus & millichap
MLS#:25607319
Source:CRMLS
Price summary
- Price:$2,999,000
- Price per sq. ft.:$165.62
About this home
[New System Upgrades: Ownership installed a new 400-amp main panel with subpanels and a new hot water heater in 2025, reducing future capex needs and lowering insurance costs for the next owner] I am pleased to offer for sale a 29-unit apartment community located at 2222 West 15th Street. Positioned just south of Pico Boulevard and west of Hoover Street, the property sits on the southern edge of Koreatown a vibrant, culturally rich neighborhood known for its historic charm, diversity, and central Los Angeles location. Residents benefit from convenient access to Downtown LA, Hollywood, and the Westside via major freeways and Metro lines. The surrounding area is highly walkable and offers a mix of shopping, global restaurants, local cafes, Korean spas, and nightlife. Situated on a 7,504-square-foot lot, the building comprises 17 studio units and 12 one-bedroom units. With approximately 25% rental upside, there is significant potential to increase revenue through interior unit renovations. Additionally, the property is separately metered for gas and electricity. 2222 West 15th Street represents a compelling value-add opportunity in a high-demand, infill Los Angeles submarket. Continued neighborhood revitalization combined with the potential for increased rental income makes this an outstanding investment for multifamily investors PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS....
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Home facts
- Year built:1935
- Listing ID #:25607319
- Added:157 day(s) ago
- Updated:March 28, 2026 at 01:23 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:29
- Living area:18,108 sq. ft.
Structure and exterior
- Year built:1935
- Building area:18,108 sq. ft.
- Lot area:0.17 Acres
- Levels:Multi Split
Finances and disclosures
- Price:$2,999,000
- Price per sq. ft.:$165.62
Parking
- Parking description:On Street
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