CA > Los Angeles
Los Angeles, CA 90019,3066 W 15th ST
Los Angeles, CA 90019,3066 W 15th ST
Los Angeles, CA 90019,3066 W 15th ST
Los Angeles, CA 90019,3066 W 15th ST
Los Angeles, CA 90019,3066 W 15th ST
Los Angeles, CA 90019,3066 W 15th ST
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Valerie Condon

Valerie Condon

+1(562) 400-5340
$ 4,614,000
Est. payment | /mo

14,407 SqFt

Save Virtual Tour
$ 4,614,000
Est. payment | /mo
Save Virtual Tour

14,407 SqFt

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 14,407 sqft

Price per Sqft $320

MLS Listing ID SR24126388

HOA Y/N No

Year Built 1964

Lot Size 0.335 Acres

Property Description

We are pleased to present the opportunity to acquire 15th Street Apartments in the submarket of Arlington Heights (LA Market) and in close proximity to Mid City and Koreatown. This offering includes a 22 unit multifamily building built in 1964 with a foot print of approximately 14,407 SF, sitting on a 14,587 SF corner lot zoned LAR3. 15th Street Apartments offers an investor a significant value add opportunity with approximately 54% (+/-) of potential upside in rents spread across a desirable unit mix of mostly 2 bedrooms units. This well-located multifamily property offers an investor a rare opportunity to secure a larger sized asset in a high demand and growth submarket with real reposition opportunity and impressive corner frontage. Arlington Heights is diverse and populated neighborhood in Central Los Angeles with Koreatown to the north, Mid-City and Mid-Wilshire to the west, Jefferson Park to the south and Harvard Heights to the east. Located centrally in Los Angeles, Arlington Heights is a transit friendly melting pot of cultural influences. Situated just north of the 10 FWY, this neighborhood provides easy access to Culver City to the west and downtown LA to the east. Along La Brea Avenue, Wilshire Blvd, and Western Ave you will find restaurants and popular bars. The stretch of Washington Blvd, anchored by the Underground Museum between 3rd and 6th avenues, is becoming a desirable location for art galleries and boutiques. Nestled right at the convergence of main thoroughfares and freeways, Arlington Heights allows for easy access to the wider region of LA and key employment centers.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR3

Rooms

Ensuite Laundry Laundry Room

Interior

Laundry Location Laundry Room

Fireplaces Type None

Fireplace No

Laundry Laundry Room

Exterior

Pool None

Community Features Sidewalks

Total Parking Spaces 18

Private Pool No

Building

Lot Description Corner Lot

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 5073003001

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Jared Levine • Keller Williams Realty Calabasas • jared@jaredmlevine.com

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Valerie Condon

Partner | Lic# 680245

+1(562) 400-5340

6621 East Pacific Coast Highway 150, Beach, CA, 90803

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3066 W 15th ST