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$1,550,000
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Property Description
HUGE PRICE REDUCTION, SELLER IS HIGHLY MOTIVATED!! Located in the heart of Los Angeles' historic Jefferson Park neighborhood, 2815 S Western Ave offers a rare and valuable mixed-use investment opportunity in one of the city's most rapidly developing corridors. This well-maintained property spans approximately 3,392 square feet and sits on a generous 6,309-square-foot corner lot, providing excellent street visibility and consistent foot traffic. The building features three retail units offering spacious layouts ideal for long-term tenants or short-term rental strategies. It also offers a back house, all is tenant occupied. Strategically located near USC, Exposition Park, BMO Stadium, and major public transportation routes, this property benefits from strong tenant demand and ongoing neighborhood revitalization projects. The surrounding area has seen a surge in both residential and commercial development, making it an ideal location for forward-thinking investors. The zoning and layout provide flexibility for future upgrades or repositioning, offering significant value-add potential. Whether you're seeking steady rental income, long-term appreciation, or the opportunity to enhance the asset through modernization, 2815 S Western Ave stands out as a versatile and promising investment in a high-growth area of Los Angeles.
Full Property Details
Full Property Details for 2815 S Western Ave
General
- Price: $1,550,000
- Status: Active
- Type: Commercial
- Source: MRMLS
- MLS ID: DW25124290
- Updated: 11/14/2025
- Days on Market: 252 days
- Added to Site: 265 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: Los Angeles
- Driving Directions: Take exit onto l-10 West, Santa Monica Fwy towards Santa Monica, then take exit toward Western Ave, then keep right onto Western Ave, then turn left onto S Western Ave
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Structural Information
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 3392
- Square Feet: 3,392
- Year Built: 1931
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1448
- Useable Acres: .1448
- Lot Size (Sq. Ft.): 6,309
- Lot Features: 0-1 Unit/Acre
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $456
Disclosures and Reports
- Investment: Yes
- Property ID: 5053003033
Listed by First Team Real Estate, Ma De La LuzZavala
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Schools
Schools serving 2815 S Western Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Twenty-Fourth Street Elementary School 2055 West 24th Street, Los Angeles, CA 90018 | K-4 | 0.4 mi |
Birdielee V. Bright Elementary School 1771 West 36th Street, Los Angeles, CA 90018 | K-4 | 0.5 mi |
Johnnie Cochran, Jr., Middle School 4066 Johnnie Cochran Vista, Los Angeles, CA 90019 | 6-8 | 1.3 mi |
West Adams Preparatory High School 1500 West Washington Boulevard, Los Angeles, CA 90007 | 9-12 | 1.3 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 2815 S Western Ave
Date
Details
Price
Change
Source
11/14/2025
Price Reduced
$1,550,000
-37.98%
MLS
5/31/2025
Listed
$2,499,000
843.02%
MLS
3/04/2009
Sold
$265,000
—
Public Record
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 2815 S Western Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,785
3%
$598,793
4%
2023
$7,533
5%
$575,543
2%
2022
$7,204
1%
$564,259
2%
2021
$7,100
-1%
$553,196
1%
2020
$7,165
4%
$547,525
2%
2019
$6,898
2%
$536,790
2%
2018
$6,757
2%
$526,266
2%
2017
$6,618
3%
$515,948
2%
2016
$6,440
1%
$505,833
2%
2015
$6,351
—
$498,235
2%
2014
$6,380
—
$488,476
—
2013
$6,375
—
$486,269
—
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 2815 S Western Ave
2815 S Western Avenue, Los Angeles, CA 90018 (MLS# DW25124290) is a Commercial property. 2815 S Western Avenue is currently listed for $1,550,000 and was received on May 31, 2025. Want to learn more about 2815 S Western Avenue? Do you have questions about finding other Commercial 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.

