Properties

Los Angeles, CA 90006 2222 W 15th Street

2222 W 15th Street Los Angeles, CA - Image 12222 W 15th Street Los Angeles, CA - Image 22222 W 15th Street Los Angeles, CA - Image 3
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Presented By: Sean Rosenzweig with Marcus & Millichap;
  • MLS# 25607319
  • 10/16/2025
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  • Beds • 12
  • Baths • 17
  • SQFT • 18,108

Home Details

[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.
Presented By: Sean Rosenzweig with Marcus & Millichap;

Interior Features for 2222 W 15th Street

Bedrooms

Total Bedrooms12

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths29

Other Interior Features

LivingAreaSourceAssessor
Total Stories3

General for 2222 W 15th Street

Cap Rate6.93
CityLos Angeles
CountyLos Angeles
DirectionsArlington Heights area, just west of Downtown LA and near Pico-Union and Koreatown.
Full Baths
Gross Income428712
HOANo
LevelsMulti/Split
Living Area18108
Lot Size Square Feet7504
Lot Size UnitsSquare Feet
MLS AreaC16 - Mid Los Angeles
Net Operating Income207749
New ConstructionNo
Number Of Units Total29
PostalCityLOS ANGELES
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1935
Year Built SourceAssessor
ZoningLAR3

Exterior for 2222 W 15th Street

Building Area Total18108
Lot Size Acres0.1723
Lot Size Area7504
Lot Size SourceAssessor
Number of Buildings1
Parking FeaturesOn Street
Total Parking0

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $2,999,000
MLS#25607319
List Date 10/16/2025
Property Type Multi-Family
Phone 888.795.6274
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