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$1,000,000
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Property Description
5-Unit Investment Opportunity in Harvard Heights | Two Detached Buildings
Located in the heart of historic Harvard Heights, just south of Koreatown, this rare 5-unit property offers a compelling blend of steady income and owner-user potential. Situated on a generous lot with two separate structures, this property provides both privacy and flexibility in one of Los Angeles' most sought after rental markets.
The front building features four well-maintained 1-bedroom, 1-bathroom units, each with a similar, efficient layout including in unit laundry, that maximizes livable space and tenant appeal. All four units are currently tenant-occupied, offering immediate and consistent rental income.
Tucked away at the rear of the property is a detached 2-bedroom, 2-bathroom unit delivered vacant, an ideal opportunity for an owner-user, premium rental, or multigenerational living. This unit is complemented by its own detached garage, adding convenience and additional value.
The property's configuration allows for separation between the income-producing units and the private rear residence, making it a versatile asset for both seasoned investors and buyers looking to offset their mortgage with rental income.
Enjoy close proximity to neighborhood favorites including Dawooljung Korean Garden, Peace Awareness Labyrinth & Gardens, Velaslavasay Panorama, and Harold A. Henry Park. Dining and nightlife options are abundant with Road to Seoul Korean BBQ, Myung In Dumplings, Tacos Tu Madre, and Harvard Yard Bar just minutes away. Everyday conveniences such as Aqua Best, La Campanita Meat Market, Sally Beauty, and local wellness spots like Misarang Beauty are all nearby.
A rare opportunity to acquire a multi unit property with strong fundamentals and upside potential in a centrally located, high demand rental corridor of Los Angeles.
Full Property Details
Full Property Details for 2718 W 15th
General
- Sold For: $1,000,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: DW26075474
- Added to Site: 94 day(s) ago
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 2
- Parking Features: Garage, Driveway
- Parking: Garage, Driveway
Location
- Area: 699 - Not Defined
- County: Los Angeles
- Development Name: 699 - Not Defined
- Driving Directions: South of Pico & East of Western
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 5
- # Electric Meters: 5
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,360
- Year Built: 1916
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
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
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1493
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $297.62
- Price Per Unit: 219800
Listed by NEXT Brokerage, Jimmy Mercado
Sold by Nonmember Mrml, General NONMEMBER
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Schools
Schools serving 2718 W 15th
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Los Angeles Elementary School 1211 South Hobart Boulevard, Los Angeles, CA 90006 | K-5 | 0.3 mi |
Pio Pico Middle School 1512 Arlington Avenue, Los Angeles, CA 90019 | 6-8 | 0.9 mi |
West Adams Preparatory High School 1500 West Washington Boulevard, Los Angeles, CA 90007 | 9-12 | 0.8 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 2718 W 15th
Date
Details
Price
Change
Source
6/15/2026
Sold
$1,000,000
-9.01%
MLS
4/27/2026
Price Reduced
$1,099,000
-8.34%
MLS
4/10/2026
Listed
$1,199,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2718 W 15th, Los Angeles, CA 90006 (MLS# DW26075474) is a Multi-Family property that was sold at $1,000,000 on June 15, 2026. Want to learn more about 2718 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.

