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Listed by Vincent Norris • Vincent B Norris, Inc.
$ 6,400,000
Est. payment | /mo
26,319 SqFt
$ 6,400,000
Est. payment | /mo
26,319 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 26,319 sqft
Price per Sqft $243
MLS Listing ID CRSR25072350
HOA Y/N No
Originating Board Datashare California Regional
Year Built 2016
Lot Size 0.343 Acres
Property Sub-Type Other
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 to intr
Location
State CA
County Los Angeles
Interior
Fireplace No
Appliance Dryer
Laundry Dryer, Washer
Building
Lot Description Other
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