Los Angeles, CA 90057,2300 VLY
Listed by Vincent Norris • Vincent B Norris, Inc.
Bought with Reza Ghobadi
$6,300,000
$6,400,000
1.6%
Est.Price: ?

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0.34 Acres Lot

2300 VLY Los Angeles, CA 90057

Est. payment /mo
SOLD DATE : 05/23/2025

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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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agent

Parker Larsen

Agent | License ID: 02155012

+1(831) 419-9087

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