We are pleased to present the opportunity to acquire 15th Street Apartments in the submarket of Arlington Heights (LA Market) and in close proximity to Mid City and Koreatown. This offering includes a 22 unit multifamily building built in 1964 with a foot print of approximately 14,407 SF, sitting on a 14,587 SF corner lot zoned LAR3. 15th Street Apartments offers an investor a significant value add opportunity with approximately 54% (+/-) of potential upside in rents spread across a desirable unit mix of mostly 2 bedrooms units. This well-located multifamily property offers an investor a rare opportunity to secure a larger sized asset in a high demand and growth submarket with real reposition opportunity and impressive corner frontage. Arlington Heights is diverse and populated neighborhood in Central Los Angeles with Koreatown to the north, Mid-City and Mid-Wilshire to the west, Jefferson Park to the south and Harvard Heights to the east. Located centrally in Los Angeles, Arlington Heights is a transit friendly melting pot of cultural influences. Situated just north of the 10 FWY, this neighborhood provides easy access to Culver City to the west and downtown LA to the east. Along La Brea Avenue, Wilshire Blvd, and Western Ave you will find restaurants and popular bars. T
MLS #
CRSR24126388
MLS Source
California Regional MLS
Days on Site
151
Garage/Parking
Garage: 0 Car(s)
# Buildings | # Leased Units | # Total Units |
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1 | – | – |
3066 W 15th St is a Residential Income in Los Angeles, CA 90019. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,614,000 and was built in 1964.
This address can also be written as 3066 W 15th St, Los Angeles, CA 90019.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 13, 2024. For the most current information, please contact Jared Levine, (818) 657-6556