Sold 12/1/16

2227 Valley St
Los Angeles, CA 90057

Bd   Ba   27,170 Sqft   200 Days
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.
  • MLS#16125454 provided by Tannaz Kamran-Rahbar of Keller Williams Rlty Brentwood
  • Movoto last checked CRMLS for new data 1 hour ago
  • CRMLS last updated this listing 10 months ago

Home Features for 2227 Valley Street, Los Angeles

Year Built: 1923
Lot Size Acres: 0.36
Lot Size Square Feet: 15731
Lot Size Units: Square Feet
Lot Size Area: 15731
Price Per Square Foot: 75.45
Parcel Number: 5154011021
Special Listing Conditions: Standard
Standard Status: Closed
Exterior
Number Of Buildings: 1
Building Area Total: 27170
Parking Total: 45
Number Of Units Total: 26
Amenities / Utilities
Appliances: None
Laundry Features: None
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Property History for 2227 Valley Street, 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
#14732119
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
#14732119
Listed
Jan 24, 2014
$1,089,000
#14732119
Listed
Jan 24, 2014
$1,200,000
#14732119
Expired
Jun 11, 1999
#836116
Expired
Jan 15, 1999
#822155
Expired
Jan 15, 1999
#822155
Listed
Nov 11, 1998
$269,000
#836116
Expired
Aug 7, 1998
#810285
Listed
Jul 15, 1998
$259,000
#822155
Listed
Apr 7, 1998
$259,000
#810285

Real Estate Market Statistics for 2227 Valley Street, Los Angeles

No data!
Westlake
Los Angeles
90057
2227 Valley Street
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$2.15M

2227 Valley Street

$799K

Westlake

0% y/y

Westlake

$510K

90057

-19% y/y

90057

$995K

Los Angeles

0% y/y

Los Angeles

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Refinance Rates for 2227 Valley Street, Los Angeles

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Public Record for 2227 Valley Street, Los Angeles

3 Beds
4 Baths
3,110 Sqft Building Area
Single Family Residential
15,731 Sqft Lot Size
1923 Year Built
$1,050,000 Last Sale Price
01/07/2015 Last Sale Date
Central Heating
Pool (yes) Pool
2227 Valley St is a multi family home located in 90057 in Los Angeles, CA. It was last listed for $2,050,000, which is 302% above the current market median of $510,000 in 90057 and 106% above the market median of $995,000 in Los Angeles. 2227 Valley St is approximately 27,170 square feet, which is 1479% above the median size in Los Angeles of 1,721 square feet and 1976% above the median size in 90057 of 1,309 Sqft. This property's price per square foot was $75, which is 83% below the current median in 90057 of $438 and 88% below the Los Angeles median of $612. As of today, , there are 3 properties listed for sale in ZIP code 90057 and 2,040 properties listed for sale in the city of Los Angeles. Of those 2,040 properties, there are 1,433 single family houses and 607 condos.
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 $2,050,000 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. The median days on the market for properties in this area is 39 with a median list price of $995,000 and median cost per square foot of $612. Its current status is sold under the MLS #16125454.

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