2515 E 115th Place Los Angeles, CA ^$ 2,250,000

2515 E 115th Place

^$ 2,250,000

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2515 E 115th Place

Los Angeles, CA, 90059

^$ 2,250,000

Bedrooms-- Baths-- Sq 11,070

Monthly Estimate*

^$ 13,854

Listed by Harcourts Place

2515 E 115th Place, Los Angeles, CA 90059 - Image 1

2515 E 115th Place, Los Angeles, CA 90059 - Image 2

2515 E 115th Place, Los Angeles, CA 90059 - Image 3

2515 E 115th Place, Los Angeles, CA 90059 - Image 4

2515 E 115th Place, Los Angeles, CA 90059 - Image 5

2515 E 115th Place, Los Angeles, CA 90059 - Image 6

2515 E 115th Place, Los Angeles, CA 90059 - Image 7

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Commercial Property for sale in Los Angeles, CA

for $2,250,000. This 11,070 square foot building was built in 1962 on a lot size of 0.5308.

Terrific opportunity for an investor to own a commercial property with three long-term tenants, consisting of a kitchen cabinet store, auto mechanic and furniture store. Tenants are well established in the neighborhood and provide stable rental income, with rent increases underway. Rental income and expenses information to be provided soon. This property is divided into three parcels, each consisting of each tenant. The purchase of all three parcels as one commercial property should be a terrific opportunity for an investor looking for stable, stress-free income in a commercial-light industrial area of Los Angeles with steadily increasing property values.

Commercial Active

Price

^$ 2,250,000

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.5308

Year Built

1962

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW25067189

Days on Market

321

Features

General

Year Built 1962

Property Subtype Retail

Current Use Commercial

Additional Parcels Description 6067-024-059 6067-024-053

County Los Angeles

Property Type Commercial Sale

Special Listing Conditions Standard

Status Active

Directions North of 105 Freeway just west of Alameda St

City Los Angeles

Number Of Units Total 3

MLS Area C37 - Metropolitan South

Lot Size Units Square Feet

Lot Size Square Feet 23120

Number of Units Leased 3

Listing Terms Cash Cash to New Loan

Additional Parcels Y/N false

Lease Considered Y/N false

Building Area Units Square Feet

Standard Status Active

Occupancy Type Tenant

Year Built Source Assessor

Property Sub Type Additional Retail

Cap Rate 2.64

Interior

Total Stories 1

Laundry Features None

Entry Level 1

Exterior

Water Source Public

Lot Size Area 23120

Number of Buildings 3

Building Area Total 11070

Lot Size Acres 0.5308

Lot Size Source Assessor

* Excluded Features

List By

Harcourts Place

Broker

paul@ContiRealEstate.com

Affordability Calculator

$13,854

Per Month

Monthly Principal & Interest: $13,854
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,437,253

Percent of Sale Price 8%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/28/2025	$2,250,000		Listed Price

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2515 E 115th Place, Los Angeles, CA, 90059 is a Commercial Property for sale at $2,250,000 with 11,070 sqft and a lot size of 0.5308. 2515 E 115th Place was built in 1962. The property's zip code is 90059 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 2/9/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2515 E 115th Place

Commercial Property for sale in Los Angeles, CA

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