NOT LISTED FOR SALE

2254 W 15th St Los Angeles, CA 90006

Pico-Union Neighborhood

Estimated Value: $1,032,000 - $1,421,000

4 Beds
4 Baths
3,164 Sq Ft
$393/Sq Ft Est. Value

Last Sold December 21, 2017

Last sale price $782,000 $247 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $7,388/month

235 Days on Market

About This Home

As of December 2017

Excellent turn-key investment opportunity. Four flex on high density area of Pico-Union near LA Downtown, Staple center ,USC campus.This four units are individually metered for Electricity and gas. Owner pays only water bill. Sold "AS-IS" conditions.Lot size app 7500 sf that matches your projected brand new building.

Last Agent to Sell the Property

Sang Choi

Max Mega Group License #01260733 Listed on: 04/06/2017

Last Buyer's Agent

Sang Choi

RE/MAX Mega Group License #01260733

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,829

Year Built

  • Built in 1921

Lot Details

  • 7,486

Parking

  • 8 Car Detached Garage

Interior Spaces

  • 3,164 Sq Ft Home
  • 1-Story Property
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • 7,486 Sq Ft Lot
  • Cooling System Powered By Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5056-006-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,829

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3164
  • Stories: 1
  • Year Built: 1921
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Microwave
  • Price Per S Q F T: 262.33

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Detached
  • Total Parking: 8

Utilities

  • Cooling: Gas

Lot Info

  • Assessed Improvement Value: 207000
  • Assessed Land Value: 483000
  • Assessor Parcel Number: 5056-006-013
  • Geocode Override: No
  • Lot Size Area: 7486

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 16.86
  • Number Of Units: 4
  • Total Annual Expense: 6240
  • Type Of Units: 4 unit
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2018
Sold by
Jeon Dong Koo
Bought by
Ds2245 Llc
Current Estimated Value
$1,184,559

Purchase Details

Listed on
Apr 6, 2017
Closed on
Dec 11, 2017
Sold by
Jeon Hannah M
Bought by
Jeon Dong Koo
Seller's Agent
Sang Choi
Max Mega Group
Buyer's Agent
Sang Choi
Max Mega Group
List Price
$830,000
Sold Price
$782,000
Premium/Discount to List
-$48,000
-5.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$382,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 6, 2017
Closed on
Nov 30, 2017
Sold by
Kim Jim Soon and Kim Tae Hoon
Bought by
Jeon Dong Koo
Seller's Agent
Sang Choi
Max Mega Group
Buyer's Agent
Sang Choi
Max Mega Group
List Price
$830,000
Sold Price
$782,000
Premium/Discount to List
-$48,000
-5.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2015
Closed on
Jul 29, 2015
Sold by
Kim Dae Sung
Bought by
Kim Jin Soon
Seller's Agent
Kuochang Huang
Real Estate eBroker Inc.
Buyer's Agent
David Kahenasa
ARLO Real Estate Advisors
List Price
$690,000
Sold Price
$690,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$517,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2015
Sold by
Hu Shya Ling
Bought by
Kim Jin Soon and Kim Tae Hoon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2011
Sold by
Alberto Veronica
Bought by
Hu Shya Ling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2004
Sold by
Kim Phillip
Bought by
Alberto Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2002
Sold by
Yoon Dai Kyu
Bought by
Kim Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,850
Interest Rate
6.51%

Purchase Details

Closed on
Aug 6, 2002
Sold by
Kim Joo Hyun
Bought by
Kim Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,850
Interest Rate
6.51%

Purchase Details

Closed on
Jun 7, 2000
Sold by
Kim Kwang E
Bought by
Yoon Dai Kyu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,100
Interest Rate
8.22%

Purchase Details

Closed on
Apr 5, 1996
Sold by
Kim Yale K
Bought by
Kim Kwang E and Kim Kyung S
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ds2245 Llc -- Provident Title Company
Jeon Dong Koo -- None Available
Jeon Dong Koo $782,000 Ticor Title Company
Kim Jin Soon -- Old Republic
Kim Jin Soon $690,000 Old Republic
Hu Shya Ling $350,000 Orange Coast Title Company O
Hu Shya Ling -- Orange Coast Title Company O
Alberto Veronica $580,000 Commonwealth Title
Kim Phillip $256,500 First American Title Co
Kim Phillip -- First American Title Co
Yoon Dai Kyu $219,000 Chicago Title
Yoon Dai Kyu -- Chicago Title
Kim Kwang E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jeon Dong Koo $382,000
Previous Owner Kim Jin Soon $517,500
Previous Owner Hu Shya Ling $262,500
Previous Owner Alberto Veronica $464,000
Previous Owner Kim Phillip $93,000
Previous Owner Kim Phillip $301,750
Previous Owner Kim Phillip $230,850
Previous Owner Yoon Dai Kyu $197,100
Closed Alberto Veronica $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2017 12/21/17 Sold $782,000 -5.8% $247 / Sq Ft
04/06/2017 04/06/17 For Sale $830,000 +20.3% $262 / Sq Ft
09/01/2015 09/01/15 Sold $690,000 0.0% $218 / Sq Ft
09/01/2015 09/01/15 Pending -- -- --
02/01/2015 02/01/15 For Sale $690,000 +97.1% $218 / Sq Ft
01/30/2012 01/30/12 Sold $350,000 -6.7% $111 / Sq Ft
01/24/2011 01/24/11 Pending -- -- --
11/04/2010 11/04/10 For Sale $375,000 -- $119 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,829 $872,331 $698,312 $174,019
2024 $10,829 $855,227 $684,620 $170,607
2023 $10,629 $838,459 $671,197 $167,262
2022 $10,151 $822,020 $658,037 $163,983
2021 $10,014 $805,903 $645,135 $160,768
2020 $10,112 $797,840 $638,520 $159,320
2019 $9,906 $797,840 $638,520 $159,320
2018 $9,778 $782,200 $626,000 $156,200
2016 $8,602 $690,000 $483,000 $207,000
2015 $4,738 $365,783 $235,147 $130,636
2014 $4,781 $358,619 $230,541 $128,078
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Sang Choi

    RE/MAX

    Section Image

  • K

    Seller's Agent in 2015

    Kuochang Huang

    Real Estate eBroker Inc.

  • D

    Buyer's Agent in 2015

    David Kahenasa

    ARLO Real Estate Advisors

  • Alex Matthes, CCIM

    Seller's Agent in 2012

    Alex Matthes, CCIM

    RE/MAX

    (626) 914-5848

    17 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 17-218802

The MLS

APN: 5056-006-013

California Los Angeles County Los Angeles 90006 Pico-Union

2254 W 15th St, Los Angeles, CA

This home is located at 2254 W 15th St, Los Angeles, CA 90006 since 06 April 2017 and is currently estimated at $1,243,295, approximately $392 per square foot. This property was built in 1921. 2254 W 15th St is a home located in Los Angeles County with nearby schools including Magnolia Avenue Elementary School, Berendo Middle, and West Adams Preparatory High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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