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2227 Valley St
Los Angeles, CA 90057
Multifamily Property For Sale · 26 Units

PROPERTY FACTS

No. Units 26
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.36 AC
Construction Status Abandoned
Building Size 27,170 SF
No. Stories 3
Zoning R3

ABOUT 2227 VALLEY ST , LOS ANGELES, CA 90057

Is a unique development opportunity in the trendy Koreatown and Echo Park adjacent Westlake District. The property is situated in the heart of the Los Angeles area, between Wilshire and Beverly Boulevards, in a quiet residential area that is rapidly gentrifying. The Architectural drawings boast a modern and light structure with a total of 26 units, and a desirable unit mix of 13 Town Home units and 13 regular apartments; 45 parking spaces are provided at grade level. 13 units are at 2 bed and 2-2.5 baths, and 13 units are 1 bed and 1-1.5 baths. 2 of the 26 units are designated very low income. 2227 Valley Street is located in the Koreatown adjacent Westlake neighborhood. There are several new Commercial and Mixed Use projects in the works within 0.5 mile from this site, with over 20,000 square feet of brand new hip retail, services and trendy restaurant spaces slated to flood the surrounding neighborhood along Wilshire Boulevard at Virgil, Hoover and Alvarado Boulevards.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 10 $2,700 1,500
1+2 3 $2,100 1,055 - 1,120
2+2 3 $2,500 820
1+1 10 $1,950 675

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5154-011-021
Land Assessment
$2,016,295
Improvements Assessment
$0
Total Assessment
$2,016,295
  • Listing ID: 13963385

  • Date on Market: 10/4/2018

  • Last Updated:

  • Address: 2227 Valley St, Los Angeles, CA 90057

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