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Sold for $6,300,000 on 05/23/25
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  • Listing Provided by: 

    Vincent Norris DRE #00843890 805-702-1961,

    Vincent B Norris, Inc.

    Bought with: Reza Ghobadi
    $6,300,000

    2300 Valley St, Los Angeles, CA 90057

    39beds
    36baths
    26,319sqft
    Multi Family
    Built in 2016
    -- sqft lot
    $6,192,400 Zestimate®
    $239/sqft
    $-- Estimated rent

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    $39,173/mo

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    $39,173/mo

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: May 27, 2025 at 02:12pm

    Listing Provided by:

    Vincent Norris DRE #00843890 805-702-1961,

    Vincent B Norris, Inc.

    Bought with:

    Reza Ghobadi, DRE #01780045

    Reza Ghobadi

    Source: CRMLS,MLS#: SR25072350MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 39
    • Bathrooms: 36
    Appliances
    • Included: Dryer, Washer
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 26,319
    • Total interior livable area: 26,319 sqft

    Property

    Parking
    • Total spaces: 20
    • Parking features: Garage
    • Garage spaces: 20
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: street
    • Pool features: None
    Lot
    • Size: 0.34 Acres
    • Features: Rectangular Lot
    Details
    • Parcel number: 5154012036
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 2016

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Community
    • Community features: Urban
    Location
    • Region: Los Angeles

    HOA & financial

    Other financial information
    • Total actual rent: 47454

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan
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    Estimated market value
    $6,192,400