2260 W 15th Street
Los Angeles, CA 90006
9884 sqft | 28 beds | 0.16 acres | #25484633
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.
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- ViewCityLights
- Original List Price$4,700,000
- MLS #25484633
- MLS #25484633
- Cost4450000
- Acres0.155
- Square Feet9884
- Year Built2022
- Bedrooms28
- Stories4
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Jason Tuvia (#CLW-X92444)
Listing Office: Marcus & Millichap (#CLW-X75151)
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