2205 W 15th St, Los Angeles, CA 90006
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2205 W 15th St Los Angeles, CA 90006

$2,600,000 Sold Price as of 01/25/2022
  • 14 Beds
  • 12 Baths
  • 8,102 Sq.Ft.
Sold
$2,600,000 Sold Price as of 01/25/2022 Refinance Your Mortgage

Map preview of 2205 W 15th St, Los Angeles, CA 90006

Property Overview: 2205 W 15th St Los Angeles, CA has 14 bedrooms, 12 bathrooms, 8,102 living square feet and 7,876 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Well maintained 12 units apartment located near by Korea Town, USC, Down town LA and Staples Center. Great opportunity for investment. . This property is sold "AS IS". Broker/Agent does not guarantee the accuracy of square footage, lot size, ordinances, zoning, rent control, permits, and other information. The buyer is advised to independently verify the accuracy of all information. All separately metered for electricity and gas.

Listed by Kay Han | BRE #01479138 | Masters Realty & Investment
Last checked: 15 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 60

Home details

Lot Sq. Ft
7,876
HOA Dues
$0/mo
Year built
1961
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21750564
City
Los Angeles
County
Los Angeles
Time on Site
1188 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 10
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,166
  • Total Rent: $11,661
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,544
  • Total Rent: $3,088
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.4
  • Gross Scheduled Income: --
  • Net Operating Income: $112,533
  • Gross Operating Income: $65,798
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2205 W 15th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 12
  • Has Parking
  • Parking Features: Driveway Down Slope From Street
Property Information
  • No View
  • View: None
  • Total # of Units: 12
  • Parcel Number: 5056005006
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
Location / Neighborhood
Location Information
  • Directions: Magnolia Ave & 15Th St
View more facts & features

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Sale History for 2205 W 15th St

Last sold for $2,600,000 on January 25th, 2022
  • June, 2021

  • Jun 18, 2021

    Date

    Active

    CRMLS: 21750564

    $2,750,000

    Price

  • April, 2021

  • Apr 9, 2021

    Date

    Canceled

    CRMLS: PW21031561

    $2,750,000

    Price

  • Mar 18, 2021

    Date

    Active

    CRMLS: PW21031561

    $2,750,000

    Price

  • Mar 16, 2021

    Date

    Withdrawn

    CRMLS: PW21031561

    $2,750,000

    Price

  • Feb 15, 2021

    Date

    Active

    CRMLS: PW21031561

    $2,750,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity for investment,located near by Korea Town,USC,Down town at Staples center and 10,110 Free way. Well maintained 12 units apartment in a very high demand rental area.Buyer and buyer's agent to verify and rely on their findings. This property is being "Sold As Is" with no warranty or liable to seller and broker. now 100% occupied and on time pay the rent.DO NOT DISTURB TENANT!!!

  • February, 2021

  • Feb 12, 2021

    Date

    Canceled

    CRMLS: 20552716

    $2,759,000

    Price

  • Feb 18, 2020

    Date

    Active

    CRMLS: 20552716

    $2,759,000

    Price

  • Listing provided courtesy of CRMLS

    Boom Boom %%%%%% We are please to announce the sale of 2205 w 15th st ,12unit apartment. In addition to provide strong cash flow. Great opertunity for investment income property in near by down town and Korea town,USC, 10,110,101 Freeway.Very well maintenance building by Owner. Do Not Disturbed Tenants Buyer and buyer's agent to verify and rely on their findings. This property is being "Sold As Is" with no warranty or liability to seller and brokers. No Vacancy

  • January, 2020

  • Jan 1, 2020

    Date

    Expired

    CRMLS: 19491626

    $2,790,000

    Price

  • Jul 22, 2019

    Date

    Active

    CRMLS: 19491626

    $2,790,000

    Price

  • Listing provided courtesy of CRMLS

    Boom Boom %%%%%% Great opertunity for investment income property in near by down town and Korea town,USC, 10,110,101 Freeway.Very well maintenance building by Owner. Do Not Disturbed Tenants

  • July, 2019

  • Jul 1, 2019

    Date

    Expired

    CRMLS: 19445240

    $2,790,000

    Price

  • Mar 18, 2019

    Date

    Active

    CRMLS: 19445240

    $2,790,000

    Price

  • Listing provided courtesy of CRMLS

    Boom Boom %%%%%% Great opertunity for investment income property in near by down town and Korea town,USC, 10,110,101 Freeway.Very well maintenance building by Owner.

  • March, 2016

  • Mar 24, 2016

    Date

    Sold (Public Records)

    Public Records

    $2,100,000

    Price

  • January, 2013

  • Jan 3, 2013

    Date

    Sold (Public Records)

    Public Records

    $1,400,000

    Price

Show More

Tax History for 2205 W 15th St

Assessed Value (2020): $2,275,506
Year Land Value Improved Value Assessed Value
2020 $1,363,864 $911,642 $2,275,506

Home Value Compared to the Market

This property vs the competition

2205 W 15th St sold on January 25, 2022 for 145.54% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $339.42 per/sqft which puts the price per square foot 53.12% lower than the current median sale per square foot for the city of Los Angeles.

About 2205 W 15th St

Detailed summary of property

2205 W 15th St is a multi family that recently sold in Los Angeles, CA 90006. This multi family property offered 14 bedrooms, 12 bathrooms, roughly 8,102 living square feet, and sits on an approximately 7,876 square foot lot. 2205 W 15th St was first listed on ArdentRealEstateGroup.com on June 18, 2021. The homeowner sold the property for $2,600,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 145.54% higher than the current median priced home. Local homes that are currently for sale include 1145 S Kingsley Dr, 1139 S Kingsley Dr and 1226 S Manhattan Pl. While the average home in Los Angeles, CA is selling in 106 days, 2205 W 15th St has a days on market of 60 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 2205 W 15th St Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2205 W 15th St

Public county record property details
Beds
--
Baths
--
Year built
1961
Sq. Ft.
8,102
Lot Size
7,876
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5056-005-006

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$608
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$597
Total Inventory
33
Median Sale to List Price %
87.46%
Avg Days on Market
75
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (0%), Other (42.86%)

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Related Resources to 2205 W 15th St

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.