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”
MLS #
CRPW26049046
MLS Source
California Regional MLS
Days on Site
1
Laundry
None
Cooling
Window/Wall Unit
Heating
Forced Air
Pool
None
Garage/Parking
Garage: 4 Car(s)
HOA Fee
$0
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 4 |
2254 W 15th is a Residential Income in Los Angeles, CA 90006. This – square foot property sits on a 7,488 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,100,000 and was built in 1921. This address can also be written as 2254 W 15th, Los Angeles, CA 90006.
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This listing information is up-to-date as of March 09, 2026. For the most current information, please contact Sang Gae, (714) 469-7987