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$1,000,000 -$100,000 (-9.09%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • Updated 14 hours ago
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Rare opportunity to acquire a centrally located 4-unit multifamily property in the heart of Los Angeles. Located in the highly desirable Pico-Union / Koreatown submarket, this property offers strong rental demand, excellent accessibility, and significant long-term upside. Built in 1921, the property sits on a large 7,488 square foot LAR3 zoned lot, offering investors potential value-add and future redevelopment opportunities. With limited multifamily inventory available in this high-demand rental market, this property represents an attractive opportunity for investors seeking both current income and long-term appreciation. Conveniently located just minutes from Downtown Los Angeles, Koreatown, and USC, tenants benefit from easy access to major employment centers, public transportation, restaurants, and entertainment. LAR3 Development Opportunity - 7,488 SF Lot in Central Los Angeles"

Full Property Details for 2254 W 15th

General

  • Price: $1,000,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PW26049046
  • Updated: 4/6/2026
  • Days on Market: 30 days
  • Added to Site: 30 day(s) ago

Interior

  • Fireplace(s): None

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage Spaces: 4

Location

  • Area: C16 - Mid Los Angeles
  • County: Los Angeles
  • Development Name: C16 - Mid Los Angeles
  • Driving Directions: orchard+pico

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 4
  • # Electric Meters: 4

Structural Information

  • Entry Location: 1
  • Stories/Levels: Two
  • Stories Description: Two
  • Year Built: 1921

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.1719
  • Lot Size (Sq. Ft.): 7,488
  • Lot Size Source: Assessor
  • Lot Description: 2-5 Units/Acre

Financial Considerations

  • Price Per Unit: 250000

Listed by OneTop Realty, Sang Gae

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Listing agent

— 2254 W 15th —

  • Sang Gae

    OneTop Realty

714-469-7987

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2254 W 15th

School District:Los Angeles Unified School District
NameGradesDistance
Magnolia Avenue Elementary School
1626 S. Orchard Ave., Los Angeles, CA 90006
PK-50.1 mi
Berendo Middle School
1157 South Berendo Street, Los Angeles, CA 90006
6-80.5 mi
West Adams Preparatory High School
1500 West Washington Boulevard, Los Angeles, CA 90007
9-120.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2254 W 15th Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/30/2026
Price Reduced
$1,000,000
-9.09%
MLS
3/08/2026
Listed
$1,100,000
40.66%
MLS
11/30/2017
Sold
$782,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2254 W 15th

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,023
4%
$872,531
4%
2023
$10,629
5%
$838,659
2%
2022
$10,151
1%
$822,220
2%
2021
$10,014
-1%
$806,103
1%
2020
$10,112
2%
$797,840
—
2019
$9,906
1%
$797,640
2%
2018
$9,778
11%
$782,000
11%
2017
$8,822
3%
$703,800
2%
2016
$8,602
82%
$690,000
89%
2015
$4,738
-1%
$365,783
2%
2014
$4,781
—
$358,619
—
2013
$4,776
—
$357,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by OneTop Realty, Sang Gae

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2254 W 15th, Los Angeles, CA 90006 (MLS# PW26049046) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 2254 W 15th is currently listed for $1,000,000 and was received on March 08, 2026. Want to learn more about 2254 W 15th? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

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