GET MORE INFORMATION
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.
$ 6,300,000
$ 6,400,000 1.6%
Est. payment /mo
Sold on 05/23/2025
2300 Valley Los Angeles, CA 90057
5 Beds
4 Baths
UPDATED:
Key Details
Sold Price $6,300,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR25072350
Sold Date 05/23/25
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
Property Description
100% Two & Three Bedroom Units - 2300 Valley features expansive floor plans, with an average unit size of 1,110 square feet, complemented by high-end amenities including wood-style flooring, granite countertops, and stainless steel appliances. Furthermore, 78% of the existing tenants are on month-to-month leases, providing new ownership the opportunity to quickly align the current delta, averaging $213, between in-place rents with projected market rates. 2300 Valley is situated just 2 miles from the Wilshire Center Business District to the west and Downtown Los Angeles to the east, which collectively host over 600,000 jobs within a short distance. These areas feature a concentration of high-rise office buildings, major hotels, extensive shopping centers, places of worship, entertainment venues, and a variety of dining venues. 2300 Valley is positioned in a prime area, providing excellent connectivity throughout LA County via Metrolink train and rapid bus line services. The Westlake/MacArthur Metro station, located under a mile from the property, enables swift access to the B (Red line), which travels to and from Union Station and North Hollywood, as well as the D (Purple line), connecting Koreatown to Union Station. Furthermore, the ongoing D Line extension project is set to introduce seven new stations, establishing a dependable, high-speed link betweenDowntown and Westwood/UCLA by 2027.
Location
State CA
County Los Angeles
Zoning Seller
Direction South of Beverly / West of Alverado
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Listed by Vincent Norris Vincent B Norris, Inc.
Bought with Reza Ghobadi Reza Ghobadi
Bought with Reza Ghobadi Reza Ghobadi