2334 Valley Street, Los Angeles, CA 90057

$950,000 Approx. USD 8 beds, 8 baths
4,240 sqft

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Brochure

Photo of Ed Solorzano

Marketed By Ed Solorzano REALTOR® - Sales Associate 310-990-6252 m
310-777-2863 o
Lic#: 01276829
NRDS ID: 175511657
solorzanorealtor@gmail.com Beverly Hills Office
131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
Phone: 310-777-7800
Fax: 310-858-1295

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Agent Remarks

8 unit multifamily opportunity in the heart of Westlake offered at a compelling basis well below replacement cost. The property consists of eight one bedroom one bathroom units totaling approximately 4,408 square feet on a 6,517 square foot lot. Current rents are significantly below market, creating substantial upside through renovation and repositioning. At approximately $118,750 per unit and roughly $215 per square foot, this asset presents a rare value add opportunity in a dense, transit connected corridor near Downtown Los Angeles, Koreatown, Silver Lake, and Hollywood. Separately metered for gas and electric with on site parking and strong walkability. 2334 Valley Street may be purchased individually or together with 2335 Miramar Street, which is located directly behind the property and separated by an alley.

Listing Details

Property type: (Multi-Family)

Status: Active Under Contract

MLS# 26651789

Price: $950,000

Beds: 8

Baths: 8

Built in 1953

4,240 sqft

2 stories

0.15 acres

Lot size: 0.1497