Listed by Vincent Norris • Vincent B Norris, Inc.
Bought with Reza Ghobadi
Bought with Reza Ghobadi
$6,300,000
$6,400,000 1.6%
Est. payment /mo
0.34 Acres Lot
Sold on 05/23/2025
2300 VLY Los Angeles, CA 90057
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Key Details
Sold Price $6,300,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRSR25072350
Sold Date 05/23/25
Year Built 2016
Lot Size 0.343 Acres
Source California Regional MLS
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 t
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Interior
Laundry Washer, Dryer
Exterior
Garage Spaces 20.0
Pool None
Building
Story Three or More Stories
Others
Tax ID 5154012036
Special Listing Condition Not Applicable
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