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2260 West 15th Street

Los Angeles CA 90006

28
28
8
9884 sq. ft.
6751 sq. ft.
Other
Currently for sale - view listing

Overview

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 8.41% cap rate after lease up.

Features

28 bedrooms
28 bathrooms
8 carspaces
9884 sq. ft. floor area
6751 sq. ft. lot size
Other

Property history for 2260 West 15th Street

2020
Sold
$1,030,000
05 Nov 2020 by Dario Svidler, of Compass

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Local market activity for 28 bedroom other properties in Los Angeles

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