2718 W 15th
Los Angeles, CA, 90006 $ 1,199,000
Baths1.1 Sq 3,360 Monthly Estimate*
$ 7,382
Studio for $1,199,000 with 1 full bath, 1 half bath. This 3,360 square foot home was built in 1916 on a lot size of 0.1493.
5-Unit Investment Opportunity in Harvard Heights | Two Detached Buildings Located in the heart of historic Harvard Heights, just south of Koreatown, this rare 5-unit property offers a compelling blend of steady income and owner-user potential. Situated on a generous lot with two separate structures, this property provides both privacy and flexibility in one of Los Angeles’ most sought after rental markets. The front building features four well-maintained 1-bedroom, 1-bathroom units, each with a similar, efficient layout including in unit laundry, that maximizes livable space and tenant appeal. All four units are currently tenant-occupied, offering immediate and consistent rental income. Tucked away at the rear of the property is a detached 2-bedroom, 2-bathroom unit delivered vacant, an ideal opportunity for an owner-user, premium rental, or multigenerational living. This unit is complemented by its own detached garage, adding convenience and additional value. The property’s configuration allows for separation between the income-producing units and the private rear residence, making it a versatile asset for both seasoned investors and buyers looking to offset their mortgage with rental income. Enjoy close proximity to neighborhood favorites including Dawooljung Korean Garden, Peace Awareness Labyrinth & Gardens, Velaslavasay Panorama, and Harold A. Henry Park. Dining and nightlife options are abundant with Road to Seoul Korean BBQ, Myung In Dumplings, Tacos Tu Madre, and Harvard Yard Bar just minutes away. Everyday conveniences such as Aqua Best, La Campanita Meat Market, Sally Beauty, and local wellness spots like Misarang Beauty are all nearby. A rare opportunity to acquire a multi unit property with strong fundamentals and upside potential in a centrally located, high demand rental corridor of Los Angeles.
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FeaturesGeneralSewer Public Sewer
HOA Fee 0
Garage Spaces 2
Pool Features None
Year Built 1916
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 0
Community Features Suburban
County Los Angeles
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Trust
Status Active
Directions South of Pico & East of Western
City Los Angeles
Entry Location 1
Senior Community Y/N false
Number Of Units Total 5
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 6502
Number of Units Leased 4
Listing Terms Cash Conventional Submit
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 9
Property Sub Type Additional Apartment
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InteriorTotal Stories 2
Common Walls 2+ Common Walls
Laundry Features Inside
Entry Level 1
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ExteriorParking Features Driveway Garage
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 2
Lot Size Area 6502
Number of Buildings 2
Building Area Total 3360
Lot Size Acres 0.1493
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $7,382
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
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.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,885,032
Percent of Sale Price 57%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/10/2026 | $1,199,000 | | Listed Price |