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$4,700,000
Est. payment /mo
28 Beds
28 Baths
9,884 SqFt
UPDATED:
01/17/2025 08:57 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,884 sqft
Price per Sqft $475
MLS Listing ID 25484633
Bedrooms 28
HOA Y/N No
Year Built 2022
Lot Size 6,751 Sqft
Property Description
We are pleased to present a 28 bedroom co-living multifamily investment opportunity at 2260-2262 West 15th Street in Los Angeles, California. The property is located just south of Pico Boulevard and east of Vermont Avenue. This fully vacant new construction property was completed in 2022 and is located in Pico Union adjacent to Koreatown and Downtown Los Angeles. Each bedroom has its own on-suite bathroom with a community kitchen and amenities. The property is split between two duplexes consisting of 7 bedroom and 7 bathrooms in each unit. An investor can rent each unit individually or master lease to a low income housing group. The property is also non rent controlled and has eight parking spaces. Some of the parking is garage parking that could be an easy ADU opportunity. 2260 2262 West 15th Street is an ideal co-living investment that would get a new investor to a pro forma 7.31% cap rate after lease up.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Driveway
View Y/N Yes
View City Lights
Attached Garage Yes
Total Parking Spaces 8
Building
Story 4
Entry Level Three Or More
Architectural Style Modern
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 5056006014
Special Listing Condition Standard
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Listed by Jason Tuvia • Marcus & Millichap