2227 Valley St
Los Angeles, CA 90057

Bd   — Ba   27,170 Sqft
Unique DEVELOPMENT (un-entitled) opportunity in trendy KOREATOWN and Echo Park adjacent Westlake District. Located between Wilshire and Beverly Blvd, just east of Rampart Str; quiet residential area that is rapidly gentrifying. Architectural drawings, rendering go with property; Modern and light proposed structure with total of 26 units: 45 parking spaces at grade level (no subterranean costs). 13U- 2 bed and 2-2.5 baths, and 13U -1bed and 1-1.5 baths. Town homes are more rare and normally rent approx. 7-10% higher than regular apartments. 2 of the 26 units designated very low income. Several new Mixed Use projects in the works within 0.5 mile from this site with over 20,000 sf of brand new hip retail, services and trendy restaurant spaces on Wilshire at Virgil, Hoover and Alvarado Blvds. Walk Score 90. Currently SF home, NO RELOCATION TO PAY! SUPERB VIEWS. Building across street completed 2016 with excellent rent comps. SOIL, PHASE I, SURVEY completed; available with offer.
  • Neighborhood: Westlake
  • Days on Movoto: 200
  • Year Built: 1923
  • HOA:
  • $/Sqft: $75
  • Lot: 15,731 Sqft
  • Property Type: Multi Family
  • MLS#: 16125454
  • MLS:
  • Listing Office: Keller Williams Rlty Brentwood
  • Listed By: Tannaz Kamran-Rahbar
  • Movoto last checked CRMLS for new data 6 hours ago
  • CRMLS last updated this listing 2 months ago
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Property History for 2227 Valley St, Los Angeles

Status
Date
Price
Sold
Dec 1, 2016
$2,050,000
Pending
Jul 25, 2016
Listed
May 15, 2016
$2,150,000
#16125454
Sold
Apr 11, 2016
$1,525,000
Listed
Jan 6, 2016
$1,570,000
#16969217
Sold
Jan 29, 2015
$1,050,000
Pending
Nov 24, 2014
Listed
Oct 20, 2014
$1,089,000
Pending
Oct 14, 2014
Listed
Oct 1, 2014
$1,089,000
Back Up Offer
Aug 28, 2014
Listed
Jan 24, 2014
$1,200,000
#14732119
Expired
Jun 11, 1999
#836116
Expired
Jan 15, 1999
#822155
Listed
Nov 11, 1998
$269,000
#836116
Expired
Aug 7, 1998
Listed
Apr 7, 1998
$259,000
#810285

Public Record for 2227 Valley Street, Los Angeles

Basic Info
Beds : 3
Baths : 4
Building Area : 3,110 Sqft
Single Family Residential
Partial Baths :
Rooms :
Lot Size : 15,731 Sqft
Year Built : 1923
Last Sale Price : $1,050,000
Last Sale Date : 01/07/2015
House Features
2227 Valley St in ZIP code 90057 is a multi family home that was last listed for $2,050,000. This is 319% above the current median of $489,000 for 90057 and 134% above the current median price of $875,000 for the city of Los Angeles, CA. As of today, , there are 7 properties listed for sale in the 90057 area and 1,884 properties listed for sale in Los Angeles. Of those 1,884 properties for sale, 1,315 are single family homes and 569 are condos. 2227 Valley St is approximately 27,170 Sqft, 1546% above the Los Angeles median of 1,651 and 1905% above the 90057 ZIP code median of 1,355. The price per Sqft was $75 which is 79% below the current median price in 90057 of $361 and 87% below the Los Angeles median of $574 per Sqft.
Built in 1923, this multi family house at 2227 Valley St, Los Angeles CA, 90057 is approximately 27,170 square feet and comes with 45 parking spots. It was last listed for $2,150,000 with a cost per Sqft of $75. 2227 Valley St is located in the Westlake neighborhood in the Los Angeles Unified School District. The closest school is Union Avenue Elementary School.

2227 Valley St, Los Angeles CA, 90057 was on the market for 200 days. Its current status is sold under the MLS #16125454.

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