Listed by Vincent Norris • Vincent B Norris, Inc.
$6,400,000
Est. payment /mo
0.34 Acres Lot
Contingent
2300 VLY Los Angeles, CA 90057
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Key Details
Property Type Commercial
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CRSR25072350
Originating Board California Regional MLS
Year Built 2016
Lot Size 0.343 Acres
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 , Accepting Backups
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