2222 W 15th Street, Los Angeles, CA 90006

• 18,108 sqft

Property Description

[New System Upgrades: Ownership installed a new 400-amp main panel with subpanels and a new hot water heater in 2025, reducing future capex needs and lowering insurance costs for the next owner] 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 25% 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

Listing Status:

Active

Date Added:

October 16, 2025

Data Last Updated:

February 17, 2026 at 7:08AM

Listing Office:

Marcus & Millichap : 310-909-5500

Listing Agent:

Sean Rosenzweig : 213-943-1897

MLS ID:

CL25607319

Exterior

• Parking: On Street

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: LAR35056006008

Financial

• Source: CRMLS