2227 Valley Street Los Angeles, CA 90057

0 Bedroom,

MLS: #21679288
$3,900,000
COMMENTS
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. The lot is completely empty. Building across street completed 2016 with excellent rent comps.

Property Features

  • Price per Sqft: $248
  • Lot Size: 15,731 SqFt
  • Acreage: 0.3600
  • County: Los Angeles
  • Area: C42 - Downtown L.A.

Location

Directions: Between 3rd Str. and 6th Str; North of Wilshire Blvd, Just east of Rampart.

Listing courtesy of AFD Realty, Inc.
Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

If you have not account please register.

Forgot Your Password?

Enter your email address below to have your password sent to you.

New Visitor? Please Register
And you will be able to Save Listings so you can view them later!

Forgot Your Password?

Please enter your E-Mail and we'll send you an e-mail message with your password.

After registering you Will have unrestricted access to all properties on this website.

By registering to use this website, I agree to be contacted by a licensed Realtor regarding the purchase or sale of Real Estate.