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Sold for $1,000,000
  • Listed by: NEXT Brokerage • Jimmy Mercado • Contact: 626-234-7821
    Bought with: NONMEMBER MRML
    $1,000,000

    2718 W 15th St, Los Angeles, CA 90006

    6beds
    6baths
    3,360sqft
    Multi Family
    Built in 1916
    -- sqft lot
    $-- Zestimate®
    $298/sqft
    $4,889 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $4,889/mo

    Zestimate® history
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    What's special

    Two separate structuresDetached garageIn unit laundryGenerous lot
    5-Unit Investment Opportunity in Harvard Heights | Two Detached Buildings Located in the heart of historic Harvard Heights, just south of Koreatown, this rare 5-unit property offers a compelling blend of steady income and owner-user potential. Situated on a generous lot with two separate structures, this property provides both privacy and flexibility in one of Los Angeles’ most sought after rental markets. The front building features four well-maintained 1-bedroom, 1-bathroom units, each with a similar, efficient layout including in unit laundry, that maximizes livable space and tenant appeal. All four units are currently tenant-occupied, offering immediate and consistent rental income. Tucked away at the rear of the property is a detached 2-bedroom, 2-bathroom unit delivered vacant, an ideal opportunity for an owner-user, premium rental, or multigenerational living. This unit is complemented by its own detached garage, adding convenience and additional value. The property’s configuration allows for separation between the income-producing units and the private rear residence, making it a versatile asset for both seasoned investors and buyers looking to offset their mortgage with rental income. Enjoy close proximity to neighborhood favorites including Dawooljung Korean Garden, Peace Awareness Labyrinth & Gardens, Velaslavasay Panorama, and Harold A. Henry Park. Dining and nightlife options are abundant with Road to Seoul Korean BBQ, Myung In Dumplings, Tacos Tu Madre, and Harvard Yard Bar just minutes away. Everyday conveniences such as Aqua Best, La Campanita Meat Market, Sally Beauty, and local wellness spots like Misarang Beauty are all nearby. A rare opportunity to acquire a multi unit property with strong fundamentals and upside potential in a centrally located, high demand rental corridor of Los Angeles.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jimmy Mercado DRE #01385375 626-234-7821,

    NEXT Brokerage

    Bought with:

    General NONMEMBER, DRE #02070689

    NONMEMBER MRML

    Source: CRMLS,MLS#: DW26075474MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    Appliances
    • Laundry: Inside
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,360
    • Total interior livable area: 3,360 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Garage
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 6,502 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 5075012009
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1916

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Suburban
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $298/sqft
    • Tax assessed value: $71,519
    • Annual tax amount: $1,834
    • Date on market: 4/10/2026
    • Cumulative days on market: 38 days
    • Listing terms: Cash,Conventional,Submit

    Price history

    DateEventPrice
    6/15/2026Sold$1,000,000-9%$298/sqft
    Source: CRMLS #DW26075474 Report a problem
    5/29/2026Pending sale$1,099,000$327/sqft
    Source: CRMLS #DW26075474 Report a problem
    4/27/2026Price change$1,099,000-8.3%$327/sqft
    Source: CRMLS #DW26075474 Report a problem
    4/10/2026Listed for sale$1,199,000$357/sqft
    Source: CRMLS #DW26075474 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,834 +3.3%$71,519 +2%
    2024$1,776 +0.7%$70,117 +2%
    2023$1,763 +2.4%$68,743 +2%
    2022$1,721 +2.2%$67,396 +2%
    2021$1,684 -0.3%$66,075 +1%
    2020$1,688 $65,398 +2%
    2019$1,688 +9.5%$64,117 +2%
    2018$1,543 $62,861 +2%
    2017$1,543 +4.2%$61,630 +2%
    2016$1,481 +4.6%$60,422 +1.5%
    2015$1,415 -2.1%$59,515 +2%
    2014$1,446 $58,350 +4.5%
    2011-- $55,834 +0.8%
    2010-- $55,418 -0.2%
    2009-- $55,550 +6.1%
    2006-- $52,349
    2005-- $52,349 +4%
    2004-- $50,318 +1.9%
    2003-- $49,397 +2%
    2002-- $48,430
    Find assessor info on the county website

    Neighborhood: Harvard Heights

    Nearby schools

    GreatSchools rating
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