2718 W 15th, Los Angeles, CA 90006

Description

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.

Listing description from the June 2026 sale, as reported to CRMLS.

Sale history

$1,000,000

Sold June 2026 · listed $1,099,000, orig. $1,199,000, on market April 2026, 38 days on market · MLS #DW26075474 · Source: CRMLS

Listing Agent: Jimmy Mercado · Listing Office: NEXT Brokerage · Contact: 626-234-7821 · Bought with: General NONMEMBER · NONMEMBER MRML

Explore Los Angeles