3066 15th St Los Angeles, CA 90019-4847
Property profile & analytics
3066 15th St Los Angeles, CA 90019-4847
- Apartment buildings
- 14,407 SF
- 0.33 lot acres
Property ID
US09-6507718
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Corea town / Pharmacy
Property Details for 3066 15th St
- Year built
- 1964
- Construction
- WOOD
- Lot size
- 0.33 lot acres
- Property size
- 14,407 SF
- Zone code
- LAR3
- Property type
- Apartment buildings
- APN
- 5073-003-001
- APU
- 5073003001
Description
This exceptional 22-unit apartment building presents a compelling investment opportunity in Los Angeles' desirable Arlington Heights neighborhood. Built in 1964, the property boasts 14,407 square feet on a 14,587 square foot corner lot zoned LAR3. The building offers a desirable unit mix, primarily two-bedroom apartments, with significant potential for rent increases, representing approximately 54% upside. Located at 3066 W 15th St, Los Angeles, CA 90019, this property benefits from its strategic location near Mid-City and Koreatown, providing easy access to major freeways (including the 10 FWY), public transportation, and a vibrant array of restaurants, bars, and cultural attractions. The asking price is $4,615,000, translating to $225,000 per unit and $343.58 per square foot. The property's 4.00% cap rate further underscores its strong investment potential. This well-positioned asset offers a rare chance to acquire a substantial property in a high-demand, growth submarket with considerable repositioning opportunities and impressive street frontage. The property's central location within Los Angeles ensures convenient access to key employment centers throughout the wider region.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,650,000
- ML approach
- $3,670,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,307,000
Market price range: $2.44M - $4.31M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $3,250,000 Current use
- MEDICAL BUILDING
- $6,565,000 Change: +102% Conversion: Moderate
- RETAIL STORES
- $6,300,000 Change: +94% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $6,100,000 Change: +88% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $4,315,000 Change: +33% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.315
- Latitude
- 34.0451
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$56,005
$3,017,160
$1,458,980
$4,476,140
-
$0.00
$0.00
$0.00
