[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.
For sale
Price cut: $301K (12/12)
$2,999,000
2222 W 15th St, Los Angeles, CA 90006
12beds
29baths
18,108sqft
Est.:
Multi Family
Built in 1935
-- sqft lot
$2,892,500 Zestimate®
$166/sqft
$-- HOA
What's special
- 61 days |
- 54 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: December 16, 2025 at 04:21am
Listed by:
Sean Rosenzweig DRE # 01406343 310-513-3144,
Marcus & Millichap 310-909-5500
Source: CLAW,MLS#: 25607319
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 29
Heating
- Other
Cooling
- Other
Features
- Has fireplace: Yes
- Fireplace features: Other
Interior area
- Total structure area: 18,108
- Total interior livable area: 18,108 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
- Stories: 3
Lot
- Size: 7,505.39 Square Feet
Details
- Additional structures: None
- Zoning: LAR3
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1935
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $166/sqft
- Tax assessed value: $2,343,552
- Date on market: 10/21/2025
Estimated market value
$2,892,500
$2.75M - $3.04M
$1,550/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2025 | Price change | $2,999,000-9.1%$166/sqft |
Source: | ||
| 10/21/2025 | Listed for sale | $3,300,000+65.4%$182/sqft |
Source: | ||
| 2/22/2014 | Listing removed | $1,995,000$110/sqft |
Source: KELLER WILLIAMS BEVERLY HILLS REALTY #13724513 Report a problem | ||
| 12/19/2013 | Listed for sale | $1,995,000$110/sqft |
Source: KELLER WILLIAMS BEVERLY HILLS REALTY #13724513 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$19,063/mo
Principal & interest
$15114
Property taxes
$2899
Home insurance
$1050
Climate risks
Neighborhood: Harvard Heights
Nearby schools
GreatSchools rating
- 7/10Magnolia Avenue Elementary SchoolGrades: K-5Distance: 0.1 mi
- 4/10Berendo Middle SchoolGrades: 6-8Distance: 0.5 mi
- 3/10West Adams Preparatory High SchoolGrades: 9-12Distance: 0.4 mi
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