We are pleased to present a 28 bedroom co-living multifamily investment opportunity at 2260-2262 West 15th Street in Los Angeles, California. The property is located just south of Pico Boulevard and east of Vermont Avenue. This fully vacant new construction property was completed in 2022 and is located in Pico Union adjacent to Koreatown and Downtown Los Angeles. Each bedroom has its own on-suite bathroom with a community kitchen and amenities. The property is split between two duplexes consisting of 7 bedroom and 7 bathrooms in each unit. An investor can rent each unit individually or master lease to a low income housing group. The property is also non rent controlled and has eight parking spaces. Some of the parking is garage parking that could be an easy ADU opportunity. 2260 2262 West 15th Street is an ideal co-living investment that would get a new investor to a pro forma 7.31% cap rate after lease up.
Property Details
Price:
$4,450,000
MLS #:
25484633
Status:
Active
Baths:
0
Address:
2260 W 15th Street
Type:
Residential Income
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Jan 17, 2025
State:
CA
ZIP:
90006
Lot Size:
6,751 sqft / 0.16 acres (approx)
Year Built:
2022
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Schools
Interior
Cooling
Central Air
Heating
Central
Exterior
Parking Features
Driveway
Parking Spots
8.00
Stories Total
4
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Community
- Address2260 W 15th Street Los Angeles CA
- AreaC16 – Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
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2260 W 15th Street
Los Angeles, CA
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