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$2,250,000
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Property Description
Terrific opportunity for an investor to own a commercial property with three long-term tenants, consisting of a kitchen cabinet store, auto mechanic and furniture store. Tenants are well established in the neighborhood and provide stable rental income, with rent increases underway. Rental income and expenses information to be provided soon. This property is divided into three parcels, each consisting of each tenant. The purchase of all three parcels as one commercial property should be a terrific opportunity for an investor looking for stable, stress-free income in a commercial-light industrial area of Los Angeles with steadily increasing property values.
Full Property Details
Full Property Details for 2515 E 115th Pl
General
- Price: $2,250,000
- Status: Active
- Type: Retail
- Source: MRMLS
- MLS ID: PW25067189
- Updated: 12/22/2025
- Days on Market: 337 days
- Added to Site: 339 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: Los Angeles
- Driving Directions: North of 105 Freeway, just west of Alameda St
Structural Information
- # Buildings: 3
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 11070
- Square Feet: 11,070
- Current Bldg. Use: Commercial
- Year Built: 1962
- Year Built Source: Assessor
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size (Acres): 0.5308
- Useable Acres: .5308
- Lot Size (Sq. Ft.): 23,120
- Lot Size Source: Assessor
- Lot Features: Lot 20000-39999 Sqft
- Lot Description: Lot 20000-39999 Sqft
Financial Considerations
- Price Per Sq. Ft.: $203
Disclosures and Reports
- Property ID: 6067024061
Listed by Harcourts Place, PaulConti
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Schools
Schools serving 2515 E 115th Pl
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Ritter Elementary School 11108 Watts Avenue, Los Angeles, CA 90059 | K-5 | 0.3 mi |
Edwin Markham Middle School 1650 East 104th Street, Los Angeles, CA 90002 | 6-8 | 1.3 mi |
Jordan High School, Los Angeles, CA 2265 East 103rd Street, Los Angeles, CA 90002 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2515 E 115th Pl
Date
Details
Price
Change
Source
3/25/2025
Listed
$2,250,000
—
MLS
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
Tax History for 2515 E 115th Pl
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,306
17%
$46,144
2%
2024
$2,835
1%
$45,240
2%
2023
$2,815
2%
$44,354
2%
2022
$2,769
2%
$43,486
2%
2021
$2,714
—
$42,634
1%
2020
$2,708
1%
$42,198
2%
2019
$2,677
10%
$41,371
2%
2018
$2,426
1%
$40,560
2%
2017
$2,401
4%
$39,765
2%
2016
$2,298
1%
$38,986
2%
2015
$2,284
-1%
$38,401
2%
2014
$2,299
1%
$37,650
—
2013
$2,268
—
$37,481
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2515 E 115th Pl
2515 E 115th Place, Los Angeles, CA 90059 (MLS# PW25067189) is a Retail property. 2515 E 115th Place is currently listed for $2,250,000 and was received on March 25, 2025. Want to learn more about 2515 E 115th Place? Do you have questions about finding other Retail 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.

