2752 W 15th Street, Los Angeles, California 90006, Los Angeles, 90006 - bed, bath

2752 W 15th Street, Los Angeles, California 90006 home-pic-0
ACTIVE$1,199,000
2752 W 15th Street, Los Angeles, California 90006
0Bed
0Bath
4,841Sqft
6,502Lot
Year Built
1921
Close
-
List price
$1.2M
Original List price
$1.25M
Price/Sqft
$248
HOA
-
Days on market
-
Sold On
-
MLS number
SR25044729
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.20M(50th), sqft - 4841(50th), beds - undefined(50th), baths - undefined(50th).

Charming property for sale! This unique offering features two buildings on one lot, located in a designated HPOZ (Historic Preservation Overlay Zone). The front building boasts four spacious 2-bedroom units, each with abundant natural light and a functional layout, perfect for comfortable living and entertaining. Behind it, you'll find a quaint 1-bedroom single-family-style house, ideal for rental income or private living space. The property includes 5 parking spaces, including a two-car garage with excellent ADU potential for added income or flexible use. Nestled in a quiet alley in a vibrant neighborhood, this property is conveniently located near freeways, Downtown LA, and Koreatown. Enjoy easy access to markets, shops, restaurants, parks, and entertainment options. Do not disturb occupants.

Nearby schools

3/10
Los Angeles Elementary School
Public,K-50.3mi
3/10
Hobart Boulevard Elementary School
Public,K-50.6mi
/10
Mariposa-Nabi Primary Center
Public,K-20.6mi
2/10
Twenty-Fourth Street Elementary School
Public,K-50.9mi
6/10
Carson-Gore Academy Of Enviornmental Studies
Public,K-51.0mi
3/10
Wilton Place Elementary School
Public,K-51.2mi
3/10
Berendo Middle School
Public,6-80.6mi
5/10
Pio Pico Middle School
Public,6-80.9mi
3/10
Johnnie Cochran, Jr., Middle School
Public,6-81.5mi
4/10
West Adams Preparatory High School
Public,9-120.8mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,6-121.1mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,9-121.1mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,9-121.1mi
4/10
Los Angeles Senior High School
Public,9-122.0mi

Price History

Date
Event
Price
11/01/21
Sold
$1,150,000
Condition Rating
Poor

Built in 1921, this property shows significant age and lack of modern updates. The images reveal extremely outdated kitchens and bathrooms with old cabinetry, laminate countertops, basic fixtures, and worn flooring (linoleum/vinyl). Appliances are older, white models. Hardwood floors in living areas appear worn and in need of refinishing. The presence of a window AC unit suggests a lack of central cooling. The property analysis explicitly notes 'Age-Related Maintenance & Upgrades' and the likelihood of needing 'substantial investment in updating outdated systems (e.g., electrical, plumbing, HVAC)'. While livable, it requires substantial repairs and rehabilitation to meet current standards and comfort levels.
Pros & Cons

Pros

Diverse Income Streams: The property features two distinct buildings on one lot, comprising four 2-bedroom units and one 1-bedroom single-family-style house, offering significant rental income potential and diversification.
ADU Conversion Potential: The existing two-car garage presents an excellent opportunity for conversion into an Accessory Dwelling Unit (ADU), which can substantially increase rental income and overall property value.
Strategic Urban Location: Nestled in a vibrant neighborhood, the property boasts excellent proximity to major freeways, Downtown LA, and Koreatown, providing convenient access to employment centers, amenities, and entertainment.
Ample Off-Street Parking: With 5 dedicated parking spaces, including a two-car garage, the property offers a valuable amenity in a dense urban environment like Los Angeles, enhancing tenant appeal and convenience.
Historic Charm & Character: Built in 1921 and located within a designated HPOZ, the property likely possesses unique architectural character and charm, appealing to tenants and buyers seeking a distinctive living experience.

Cons

HPOZ Renovation Restrictions: Being situated in a Historic Preservation Overlay Zone (HPOZ) means any exterior modifications or significant renovations will be subject to stringent guidelines and approval processes, potentially increasing costs and project timelines.
Age-Related Maintenance & Upgrades: As a property built in 1921, it is likely to require substantial investment in updating outdated systems (e.g., electrical, plumbing, HVAC) and addressing deferred maintenance to meet modern standards and tenant expectations.
Tenant Occupancy & Showing Challenges: The property is tenant-occupied with a 'Do not disturb occupants' directive, which can complicate property showings, inspections, and potentially impact the closing timeline or require negotiation with existing tenants.

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