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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.

Features
: Central
: Central Air
: City Lights
4
0
: Modern
Additional Information
Marcus & Millichap
0
CLW-X92444
CLW-X75151
Jason
5056006014
: Standard
Three Or More
32

Multi-Family For Sale

2260 15th Street, Los Angeles, California 90006

9,884 Sqft
$4,450,000
Listing ID #25484633
Basic Details
Status : Active
DaysOnMarket : 20
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 25484633
Price : $4,450,000
Living Area : 9,884 Sqft
Lot Size : 6,751 Sqft
Year Built : 2022
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90006
Price Per Square Foot : $450
ModificationTimestamp : 2025-02-06 10:13:30
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