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2222 W 15th StreetLos Angeles, CA 90006

For Sale

$3,300,000

Smart Buyer Rebate $33,000

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 38% 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. CONTACT THE LISTING TEAM FOR DETAILS.

Listed by Sean Rosenzweig

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License #01406343

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Marcus & Millichap

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213-943-1897

Last updated October 21, 2025

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Source: CRMLS #25607319

Listing Facts

  • TypeMulti-family
  • NeighborhoodPico Union
  • Bedrooms12
  • Days on Prevu6
  • Size18,108 sqft
  • Price per sqft$182

Location

Mortgage Calculator

Listing History

10/16/2025
Listed by Marcus & Millichap
$3,300,000

Property Details for 2222 W 15th Street

Exterior

Construction

  • Number Of Units Total: 29
  • Stories Total: 3
  • Year Built: 1935

Measurements

  • Building Area Total: 18,108
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,504
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,504
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.59
  • Gross Income: $434,388.00

Taxes

  • Parcel Number: 5056006008

Interior

Measurements

  • Living Area: 18,108
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 29
  • Bedrooms Total: 12

Parking

Parking

  • Parking Features: On Street

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.