$6,400,000
Accepting Backup Offers
0.34 acres | #SR25072350
Listing OfficeVincent B Norris, Inc.
Type:Multi-Family
Structure:House
Zone:Residential

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.

  • Property Details
      • Lot DescriptionRectangularLot
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$6,400,000
      • MLS #SR25072350
      • MLS #SR25072350
      • Property SubtypeApartment
      • Cost6400000
      • Acres0.343
      • Year Built2016
      • Parking Spaces20
      • Stories3

Location

Jonathan & Ana and Assoc.Real Estate Group
OR

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6.0%

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2.6%
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