2254 W 15th
Los Angeles, CA 90006
0
Bed
0
Bath
7,488Sqft(Lot)
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 transportatio
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Fireplace: None -
Cooling Features
Wall/Window Unit(s) Air ConditioningHeating Source
Forced Air Has HeatingFireplace
Fireplace Features: None Has Fireplace: 0
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Building Information
Year Built: 1921 -
Pool Features
NoneLaundry Features
None
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1719 -
Lot Size Source: Assessor Lot Size Square Feet: 7488
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Listing Price Information
Original List Price: 950,000 Listing Contract Date: 2026-03-05 -
Lease Information
Lease Term: 12 Months Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5056006013
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Rental Info
Lease Term: 12 Months Tenant Pays: Electricity,Gas,Telephone
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Other Property Info
Source Listing Status: Active Source Neighborhood: C16 - Mid Los Angeles Directions: orchard+pico Source Property Type: Residential Income Area: C16 - Mid Los Angeles Property SubType: Mixed Use -
Building and Construction
Property Age: 105 Common Walls: 1 Common Wall Structure Type: Mixed Use Year Built Source: Public Records Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1817 W 12th Street, Los Angeles, CA, 90006 | $1,599,000 | 7 | -- | 3,308 | 3,308 SqFt |
| 1242 S Bonnie Brae, Los Angeles, CA, 90006 | $740,000 | 4 | 2 | 2,207 | 2,207 SqFt |
| 1147 S Westlake Avenue, Los Angeles, CA, 90006 | $975,000 | 4 | 1 | 2,110 | 2,110 SqFt |
| 2694 James M Wood Boule.., Los Angeles, CA, 90006 | $1,795,000 | 3 | -- | 3,399 | 3,399 SqFt |
| 1703 S Burlington Avenue, Los Angeles, CA, 90006 | $1,195,000 | 5 | -- | 3,604 | 3,604 SqFt |
| 1136 Arapahoe, Los Angeles, CA, 90006 | $1,400,000 | -- | -- | 5,040 | 5,040 SqFt |
| 1826 S Bonnie Brae Stre.., Los Angeles, CA, 90006 | $849,900 | 6 | -- | 2,804 | 2,804 SqFt |
| 1333 Arapahoe Street, Los Angeles, CA, 90006 | $995,000 | 5 | 3 | 2,626 | 2,626 SqFt |
| 1415 Arapahoe Street, Los Angeles, CA, 90006 | $1,600,000 | 6 | 4 | 3,641 | 3,641 SqFt |
| 1118 Elden Avenue, Los Angeles, CA, 90006 | $1,995,000 | 8 | -- | 4,890 | 4,890 SqFt |
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ByOwner last updated this listing 06/18/2026 @ 12:24
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