2815 S Western Avenue Overview
- Time on Site:
- 378 days
- Visits:
- 0
HUGE PRICE REDUCTION, MOTIVATED SELLER, SEND US YOUR OFFER DON’T BE SHY, ALL OFFERS WILL BE REVIEWED!! Located in the heart of Los Angeles’ historic Jefferson Park neighborhood, 2815 S Western Ave offers a rare and valuable mixed-use investment opportunity in one of the city’s most rapidly developing corridors. This well-maintained property spans approximately 3,392 square feet and sits on a generous 6,309-square-foot corner lot, providing excellent street visibility and consistent foot traffic. The building features three retail units offering spacious layouts ideal for long-term tenants or short- term rental strategies. It also offers a back house, all is tenant occupied. Strategically located near USC, Exposition Park, BMO Stadium, and major public transportation routes, this property benefits from strong tenant demand and ongoing neighborhood revitalization projects. The surrounding area has seen a surge in both residential and commercial development, making it an ideal location for forward-thinking investors. The zoning and layout provide flexibility for future upgrades or repositioning, offering significant value-add potential. Whether you're seeking steady rental income, long-term appreciation, or the opportunity to enhance the asset through modernization, 2815 S Western Ave stands out as a versatile and promising investment in a high-growth area of Los Angeles.
2815 S Western Avenue Facts & Features
- Type Multi-Family
- Sq. ft. 3,392
- Price/Sq.ft. $457
- Lot 0.14 Acres
Details
General
Association/HOA
- Common Interest: None
Income/Expenses
- Gross Income: 7800.0
- Gross Scheduled Income: 9100.0
- Insurance Expense: 6500.0
- Net Operating Income: 64640.0
- Operating Expense: 13360.0
- Water Sewer Expense: 360.0
Building Information
- New Construction: No
- Year Built: 1931
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: C16 - Mid Los Angeles
- Postal City: LOS ANGELES
Community/Development
- Community Features: Urban
Rent/Lease Information
- Land Lease: No
General Information
- Listing Terms: Cash,Conventional,1031 Exchange
- Parcel Number: 5053003033
- Property Sub Type: Mixed Use
- Property Type: Residential Income
- Rent Control: Yes
- Senior Community: No
- Special Listing Conditions: Standard
- Zoning: LAC2
Interior
Parking Information
- Garage: No
Building Interior
- Building Area Total: 3392.0
- Building Area Units: Square Feet
General Information
- Common Walls: 2+ Common Walls
- Entry Level: 1
- Entry Location: front door
- Laundry Features: Washer Hookup
- Stories Total: 1
Exterior
Lot Information
- Additional Parcels: No
- Lot Features: 0-1 Unit/Acre
- Lot Size Acres: 0.1449
- Lot Size Area: 6311.0
- Lot Size Source: Assessor
- Lot Size Square Feet: 6311.0
- Lot Size Units: Square Feet
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 4
- Number Of Separate Gas Meters: 4
- Number Of Separate Water Meters: 1
- Elevation Units: Feet
- Water Source: Public
Building Exterior/Construction
- Property Attached: Yes
General Information
- Number Of Units Total: 4
- Pool Features: None
- Pool Private: No
- Sewer: Public Sewer
2815 S Western Avenue Neighborhood
Community
90018 (LOS ANGELES) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.2815 S Western Avenue Monthly Cost
2815 S Western Avenue Market Data
Based on the last 30 days in this zip code
2815 S Western Avenue History
| Date | Value | Agent |
|---|---|---|
| 11/14/2025Source: CRMLS | $1,550,000 -13.9% |
|
| 11/14/2025Source: CRMLS | $1,550,000 -38.0% |
|
| 7/21/2025Source: CRMLS | $1,800,000 -28.0% |
|
| 6/16/2025Source: CRMLS | June 16, 2025 |
|
| 6/13/2025Source: CRMLS | June 13, 2025 |
Contact Information: [email protected] - 562-596-9911