- /
$4,614,000
3066 W 15th ST Los Angeles, CA 90019
Save Share
Schedule a Tour
26
See all 26 photos
$4,614,000
Est. payment /mo
0.33 Acres Lot
Active
3066 W 15th ST Los Angeles, CA 90019
UPDATED:
09/30/2024 06:40 PM
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
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
Interior
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
Listed by Jared Levine • Keller Williams Realty Calabasas • jared@jaredmlevine.com