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2226 Valley St
Los Angeles, CA 90057
2226-30 Valley Street, Los Angeles, CA 90057 · Multifamily Property For Sale
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3 Units
Property Facts
| No. Units | 3 | Building Size | 1,920 SF |
| Property Type | Multifamily | Average Occupancy | 33% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1946 |
| Lot Size | 0.16 AC | ||
| Zoning | LAR3 | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.16 AC |
| Building Size | 1,920 SF |
| Average Occupancy | 33% |
| No. Stories | 1 |
| Year Built | 1946 |
| Zoning | LAR3 |
About 2226 VALLEY ST , LOS ANGELES, CA 90057
Excellent investment and development opportunity in the revitalizing Westlake market, just east of Downtown. This value-add investment and development opportunity currently consists of 3 units with tremendous upside potential. There is approximately 118% of upside from current rents to conservative market rents. Alternatively, the property offers an incredible redevelopment opportunity. Zoned R3 and offered at only $105 per square foot. It is an estimated a developer can build 8 large units or possibly more with a bonus density. Directly adjacent to this property is a luxury, 18-unit apartment building, demonstrating the demand for newer, high quality units in this area.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | 640 |
Property Taxes
| Parcel Number | 5154-012-019 | Improvements Assessment | $111,550 |
| Land Assessment | $725,085 | Total Assessment | $836,635 |
Property Taxes
Parcel Number
5154-012-019
Land Assessment
$725,085
Improvements Assessment
$111,550
Total Assessment
$836,635
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