2227 Valley Street, Los Angeles, CA 90057

About this property

This is a unique development opportunity in the trendy Koreatown and Echo Park adjacent Westlake District. The property is situated in the heart of the Los Angeles area, between Wilshire and Beverly Boulevards, in a quiet residential area that is rapidly gentrifying. The Architectural drawings boast a modern and light structure with a total of 26 units, and a desirable unit mix of 13 Town Home units and 13 regular apartments; 45 parking spaces are provided at grade level.13 units are at 2 bed and 2-2.5 baths, and 13 units are 1 bed and 1-1.5 baths. 2227 Valley Street is located in the Koreatown adjacent Westlake neighborhood. There are several new Commercial and Mixed Use projects in the works within 0.5 mile from this site, with over 20,000 square feet of brand new hip retail, services and trendy restaurant spaces slated to flood the surrounding neighborhood along Wilshire Boulevard at Virgil, Hoover and Alvarado Boulevards.

Listing description from the October 2021 sale, as reported to CRMLS.

Sale history

$1,900,000

Sold October 2021 · listed $2,100,000, on market August 2021 · MLS #21770342 · Source: CRMLS

Listing Agent: Fred Doctorovich · Listing Office: AFD Realty, Inc. · Contact: 310-994-2569 · Bought with: Shawn Raoufpour · Gold Realty

$2,050,000

Sold December 2016 · listed $2,150,000, on market May 2016 · MLS #16125454 · Source: CRMLS

Listing Agent: Tannaz Kamran-Rahbar · Listing Office: Keller Williams Rlty Brentwood · Contact: 310-826-8200 · Bought with: Valentina Prostakova · Stanford Raffles Realty, Inc.

$1,525,000

Sold April 2016 · listed $1,570,000, on market January 2016 · MLS #16969217 · Source: CRMLS

Listing Agent: Sharon Oh · Listing Office: Masters Realty Group · Contact: 213-385-6500 · Bought with: Tannaz Kamran-Rahbar · Keller Williams Rlty Brentwood

$1,050,000

Sold January 2015 · listed $1,089,000, orig. $1,300,000, on market January 2014 · MLS #14732119 · Source: CRMLS

Listing Agent: Steven Lee · Listing Office: First Center Equity · Contact: 213-788-3575 · Bought with: Sharon Oh · Masters Realty Group

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