8-Bedroom ResidentialIncome — 2334 Valley Street, Los Angeles, CA
$950,000
2334 Valley Street, Los Angeles, CA
About this property
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.
Property details
Location
2334 Valley Street • Los Angeles, CA 90057
Listed by
Chandler Rockwell · Fred Leeds Asset Group Inc.