2255 West 15th Street

Los Angeles, CA 90006

$2,350,000
Price
17
Beds
10
Baths
6,704 Sq. Ft.
$351 / Sq. Ft.
6,704
Sq. Ft.
$351
per Sq. Ft.

Description

Offer is subject to interior inspection. Do not disturb occupants.Offer is subject to interior inspection. Do not disturb occupants.
  1. Listed by Emmanuel Ollawa • DRE #00947147 • Brokerage DRE #00947147 • Prime West Management & Inv.

Property Details for 2255 West 15th Street

Zoning
LAR3
Style
Architectural
Accessibility Features
None
Parcel Number
5056005022
Total Units
8.0
Living Area
6704
Source Living Area
Title Company
Area
Mid Los Angeles (C16)
LISTING UPDATED: 08/27/2024 06:08 PM

Property Details for 2255 West 15th Street

StatusActive
MLS #24-431709
Days on Market89
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1965
Lot Size0.17 AC / 7,467 SF
CountyLos Angeles County

Building Information for 2255 West 15th Street

Stories2Residences-Year Built1965Building Size-Lot Size0.17 AC / 7,467 SF

Property Information for 2255 West 15th Street

Community / Development
Community / Development
  • Tax Mello Roos: Unknown
  • Number Of Units: 8
  • Senior Community: No
  • Management Company Name: PRIMEWEST MANAGEMENT
  • Management Company Phone: 3234874911|
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: MULTIPLE
  • View: Yes
  • View Description: City Lights
  • View: City Lights
  • Security Features: None
  • Property Condition: Updated/Remodeled
  • Water: District
  • Water Heaters: Yes
  • Water Heater Features: Gas
  • Water District: public
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $99,164
  • Net Operating Income: $99,164.00
  • Gross Income: $136,776
  • Cap Rate: 4.21%
  • Gross Rent Multiplier: $17.00
  • Actual Annual Gross Rent: $136,776.00
  • Actual Gross Annual Income: $136,776
  • Actual Rent Total: $136,776.00
  • Vacancy Allow Percent: .00%
  • Owner Pays: Electricity, Gardener, Gas, Water
  • Total Annual Expense: 41982
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Additional Parcel Number: No
  • Alley: Yes
  • Lot Acreage: 0.1714
  • Lot Size Square Feet: 7467
Parking Details
Parking Details
  • Parking Garage: Carport
  • Total Parking: 8
  • Parking Features: Carport
Interior Features
Interior Features
  • Levels: Two, Multi/Split
  • Cooling: None
  • Cooling Type: None
  • Heating: Natural Gas
  • Heating Type: Natural Gas
  • Equipment: None
  • Common Walls: Attached
  • Laundry: None
  • Disability Access: None
  • Volt220 Location: In Kitchen, 220V Throughout
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis Court: None
  • Roof: Asphalt
  • Sprinklers: None
  • Patio Features: None
  • Entry Location: Ground Level w/steps
  • Windows: Screens
  • New Construction: No
  • Exterior Construction: Hard Coat
  • Other Structural Features: Balcony
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 08-27-2024
  • Listing Terms: Conventional, Cash To New Loan
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,195.50
  • Unit Actual Rent: $2,195.50
  • Unit Projected Rent: $3,200.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,066.30
  • Unit Actual Rent: $2,066.30
  • Unit Projected Rent: $3,200.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,210.70
  • Unit Actual Rent: $1,210.70
  • Unit Projected Rent: $1,900.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $899.81
  • Unit Actual Rent: $899.81
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $5,026.00
  • Unit Actual Rent: $5,026.00
  • Unit Projected Rent: $8,800.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $226,014.00
  • Assessed Improvement Percent: 60.0
  • Assessed Land Value: $150,675.00
  • Assessed Land Percent: 40
  • Assessed Total Value: $376,689.00
  • Private Transfer Taxes: No

Property History for 2255 West 15th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2255 West 15th Street

Taxable ValueLand$153,688Additions$230,734Total$384,422
Tax Record2024$5,850 ($488 / month)
Home Facts
Total Finished SqFt6,704 SqFtAbove Grade Finished SqFt6,704 SqFtLot Size7,465 SqFtStyleMulti-Family Res (5+ Units)Year Built1965ZoningLAR3CountyLOS ANGELESAPN5056-005-022

Schools near 2255 West 15th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Magnolia Avenue Elementary School
PublicK to 5

Berendo Middle School
Public6 to 8

West Adams Preparatory High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2255 West 15th Street is a multi-family home for sale in Los Angeles, CA 90006. This property was listed for sale on August 25, 2024 by Prime West Management & Inv., it's currently listed at $2,350,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Magnolia Avenue Elementary School, Berendo Middle School and West Adams Preparatory High School. 2255 West 15th Street is a 17-bed, 10-bath, 6,704 sqft multi-family home built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Prime West Management & Inv., Emmanuel Ollawa, DRE #00947147

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.