CnC Realty
1 / 11

$999,000

2254 W 15th

Los Angeles, CA 90006

Active

1921

Year Built

Los Angeles

County

MixedUse

Property Type

About this home

Rare opportunity to acquire a centrally located 4-unit multifamily property in the heart of Los Angeles. Located in the highly desirable Pico-Union / Koreatown submarket, this property offers strong rental demand, excellent accessibility, and significant long-term upside. Built in 1921, the property sits on a large 7,488 square foot LAR3 zoned lot, offering investors potential value-add and future redevelopment opportunities. With limited multifamily inventory available in this high-demand rental market, this property represents an attractive opportunity for investors seeking both current income and long-term appreciation. Conveniently located just minutes from Downtown Los Angeles, Koreatown, and USC, tenants benefit from easy access to major employment centers, public transportation, restaurants, and entertainment. LAR3 Development Opportunity – 7,488 SF Lot in Central Los Angeles”

Listed by Sang Gae · DRE #01991313 · OneTop Realty
MLS #1179131989
ListedAug 1, 2026

Property Details

Architecture

Stories2
StyleN/A
Total Units4
RoofN/A
Garage Spaces4
PoolN/A
SpaNone

Features & Amenities

Interior FeaturesN/A
Exterior FeaturesN/A
FlooringN/A
CoolingWall Window Units
HeatingForced Air
FireplaceNone
LaundryNone
Parking FeaturesN/A
Parking Total4
Patio & PorchN/A
Entry Level1
Entry Location1
Common WallsOne Common Wall

Property Features

Lot Size0.17 ac
Lot FeaturesTwo To Five Units Acre
ViewNone
Directionsorchard+pico

Community

AreaC16 - Mid Los Angeles
School DistrictN/A

Tax & Financial

TermsCash, Exchange1031, Va Loan
Land LeaseNo
HOA NameN/A
HOA FeeN/A

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Mortgage Estimate

$5,317/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 7:45 PM

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