Los Angeles, CA 90057,2300 Valley
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$ 6,400,000
Est. payment | /mo

0.34 Acres Lot


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$ 6,400,000
Est. payment | /mo
Save

0.34 Acres Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25072350

HOA Y/N No

Year Built 2016

Lot Size 0.343 Acres

Property Sub-Type Apartment

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

Area C42 - Downtown L.A.

Interior

Fireplace No

Appliance Dryer, Washer

Exterior

Garage Spaces 20.0

Garage Description 20.0

Pool None

Community Features Urban

Total Parking Spaces 20

Private Pool No

Building

Lot Description Rectangular Lot

Story 3

Entry Level Three Or More

Sewer Public Sewer

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 5154012036

Energy Description 4154.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Vincent Norris • Vincent B Norris, Inc.
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2300 Valley