2222 W 15th ST
Los Angeles, CA, 90006
$2,999,000
12 Beds
29 Baths
18,108 SqFt
0.17 Acres
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MLS #25607319 image #0
[New System Upgrades: Ownership installed a new 400-amp main panel with subpanels and a new hot water heater in 2025, reducing future capex needs and lowering insurance costs for the next owner] I am pleased to offer for sale a 29-unit apartment community located at 2222 West 15th Street. Positioned just south of Pico Boulevard and west of Hoover Street, the property sits on the southern edge of Koreatown a vibrant, culturally rich neighborhood known for its historic charm, diversity, and central Los Angeles location. Residents benefit from convenient access to Downtown LA, Hollywood, and the Westside via major freeways and Metro lines. The surrounding area is highly walkable and offers a mix of shopping, global restaurants, local cafes, Korean spas, and nightlife. Situated on a 7,504-square-foot lot, the building comprises 17 studio units and 12 one-bedroom units. With approximately 25% rental upside, there is significant potential to increase revenue through interior unit renovations. Additionally, the property is separately metered for gas and electricity. 2222 West 15th Street represents a compelling value-add opportunity in a high-demand, infill Los Angeles submarket. Continued neighborhood revitalization combined with the potential for increased rental income makes this an outstanding investment for multifamily investors PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS.

Property Details

Price:
$2,999,000
MLS #:
25607319
Status:
Active
Beds:
12
Baths:
29
Type:
Single Family
Neighborhood:
c16midlosangeles
Listed Date:
Dec 16, 2025
Finished Sq Ft:
18,108
Total Sq Ft:
18,108
Lot Size:
7,504 sqft / 0.17 acres (approx)
Year Built:
1935
C16 – Mid Los AngelesC16midlosangeles

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Exterior

Financial

Gross Operating Income
$410,586
Net Operating Income
$207,749

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Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Feb 02, 2026
6,874
Single Family Listed
67
Avg DOM
507
Avg $ / SqFt
$1,487,157
Avg List Price

Property Summary

    2222 W 15th ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90006. It is listed for $2,999,000 and features 12 beds, 29 baths, and has approximately 18,108 square feet of living space, and was originally constructed in 1935. The current price per square foot is $166. The average price per square foot for Single Family listings in Los Angeles is $507. The average listing price for Single Family in Los Angeles is $1,487,157.

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2222 W 15th ST
Los Angeles, CA