2254 W 15th Los Angeles, CA ^$ 1,100,000

2254 W 15th

^$ 1,100,000

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Recently Listed

2254 W 15th

Los Angeles, CA, 90006

^$ 1,100,000

Studio Baths1.0

Monthly Estimate*

^$ 6,773

Listed by OneTop Realty

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,100,000 with 1 full bath. This home was built in 1921 on a lot size of 0.1719.

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”

Multi-Family Active

Price

^$ 1,100,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1719

Year Built

1921

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW26049046

Days on Market

Features

General

Sewer Public Sewer

Heating Forced Air

Cooling Wall/Window Unit(s)

Possession Close Plus 3 Days

HOA Fee 0

Garage Spaces 4

Pool Features None

Year Built 1921

Tenant Pays Electricity Gas Telephone

View None

Stories Count 2

Levels Two

Property Subtype Mixed Use

Gross Income 60942

Community Features Urban

County Los Angeles

Net Operating Income 60342

Operating Expense 0

Insurance Expense 2066

New Construction false

Property Type Residential Income

HOA false

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions orchard+pico

City Los Angeles

Entry Location 1

Senior Community Y/N false

Number Of Units Total 4

MLS Area C16 - Mid Los Angeles

Lot Size Units Square Feet

Lot Size Square Feet 7488

Number of Units Leased 4

Listing Terms Cash 1031 Exchange VA Loan

Spa Features None

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 3900

Ok to Lease 12 Months

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 13

Total Actual Rent 5078.13

Property Sub Type Additional Mixed Use

Taxes 11000

Cap Rate 5.5

Interior

Fireplace Features None

Total Stories 2

Common Walls 1 Common Wall

Air Conditioning Y/N true

Heating Y/N true

Fireplace Y/N false

Laundry Features None

Entry Level 1

Exterior

Lot Features 2-5 Units/Acre

Water Source Public

Total Parking 4

Lot Size Area 7488

Number of Buildings 1

Spa false

Building Area Total 0

Lot Size Acres 0.1719

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

* Excluded Features

List By

Onetop Realty

Broker

chrisgae@yahoo.com

Affordability Calculator

$6,773

Per Month

Monthly Principal & Interest: $6,773
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

Multi-family listings in Los Angeles, CA

Average List Price ^$1,837,781

Percent of Sale Price 67%

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
3/9/2026	$1,100,000		Listed Price

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2254 W 15th, Los Angeles, CA, 90006 is a Multi-Family Home for sale at $1,100,000 with a lot size of 0.1719. 2254 W 15th is a studio with 1.0 baths and was built in 1921. The property's zip code is 90006 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 3/29/2026. 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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2254 W 15th

Multi-Family Home for sale in Los Angeles, CA

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