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2227 Valley St, Los Angeles, CA 90057
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2227 Valley St Los Angeles, CA 90057

$1,900,000 Sold Price as of 10/22/2021
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$1,900,000 Sold Price as of 10/22/2021 Refinance Your Mortgage
Map preview of 2227 Valley St, Los Angeles, CA 90057

Property Overview: 2227 Valley St Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 15,755 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 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.

Listed by Fred Doctorovich | BRE #01938624 | AFD Realty, Inc.
Co-listed by Anatoly Doctorovich | BRE #01501292 | AFD Realty, Inc.
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 40

Home details

Lot Sq. Ft
15,755
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Sold
MLS#
21770342
City
Los Angeles
County
Los Angeles
Time on Site
1005 days

Property Details for 2227 Valley St

Lot Details / Garage and Parking
Property Information
  • No View
  • View: None
  • Parcel Number: 5154011021
Location / Neighborhood
Location Information
  • Directions: Intersection of Beverly Blvd and Alvarado St. Heading south on Alvarado, make a right on Valley St.
View more facts & features

Local Los Angeles Agent

Sale History for 2227 Valley St

Last sold for $1,900,000 on October 22nd, 2021

  • September, 2021

  • Sep 10, 2021

    Date

    Active

    CRMLS: 21770342

    $2,100,000

    Price

  • Aug 11, 2021

    Date

    Active Under Contract

    CRMLS: 21770342

    $2,100,000

    Price

  • Aug 8, 2021

    Date

    Active

    CRMLS: 21770342

    $2,100,000

    Price

  • May, 2021

  • May 24, 2021

    Date

    Withdrawn

    CRMLS: 21679288

    $2,070,000

    Price

  • May 7, 2021

    Date

    Active

    CRMLS: 21679288

    $2,070,000

    Price

  • Apr 28, 2021

    Date

    Active Under Contract

    CRMLS: 21679288

    $2,070,000

    Price

  • Apr 27, 2021

    Date

    Active

    CRMLS: 21679288

    $2,070,000

    Price

  • Apr 20, 2021

    Date

    Active Under Contract

    CRMLS: 21679288

    $2,070,000

    Price

  • Mar 23, 2021

    Date

    Price Change

    CRMLS: 21679288

    $2,070,000

    Price

  • Mar 11, 2021

    Date

    Price Change

    CRMLS: 21679288

    $1,988,000

    Price

  • Mar 5, 2021

    Date

    Price Change

    CRMLS: 21679288

    $2,499,000

    Price

  • Feb 5, 2021

    Date

    Price Change

    CRMLS: 21679288

    $3,500,000

    Price

  • Jan 13, 2021

    Date

    Active

    CRMLS: 21679288

    $3,900,000

    Price

  • Listing provided courtesy of CRMLS

    Motivated Seller! 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.

  • January, 2021

  • Jan 8, 2021

    Date

    Sold (Public Records)

    Public Records

    $411,213

    Price

  • January, 2019

  • Jan 2, 2019

    Date

    Canceled

    CRMLS: SR18241557

    $2,500,000

    Price

  • Oct 4, 2018

    Date

    Active

    CRMLS: SR18241557

    $2,500,000

    Price

  • Listing provided courtesy of CRMLS

    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 and just east of Rampart Street, 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. Town homes are more rare and normally rent on average at approximately 7-10% higher than regular units. 2 of the 26 units are designated very low income. 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. Westlake District is the 5th most walkable neighborhood in Los Angeles with a neighborhood Walk Score of 90.

  • December, 2016

  • Dec 2, 2016

    Date

    Sold (Public Records)

    Public Records

    $2,050,000

    Price

Show More

Tax History for 2227 Valley St

Assessed Value (2020): $2,175,474
Year Land Value Improved Value Assessed Value
2020 $1,582,048 $593,426 $2,175,474

Home Value Compared to the Market

This property vs the competition

2227 Valley St sold on October 22, 2021 for 76.47% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 2227 Valley St

Detailed summary of property

2227 Valley St is a land that recently sold in Los Angeles, CA 90057. This land offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 15,755 square foot lot. 2227 Valley St was first listed on ArdentRealEstateGroup.com on August 8, 2021. The homeowner sold the property for $1,900,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 76.47% higher than the current median priced home. Local homes that are currently for sale include 1852 S La Brea Ave, 1883 S Cochran Ave and 7060 W Mulholland. While the average home in Los Angeles, CA is selling in 94 days, 2227 Valley St has a days on market of 40 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 2227 Valley St Los Angeles, CA 90057 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2227 Valley St

Public county record property details
Beds
3
Baths
4
Year built
1923
Sq. Ft.
3,110
Lot Size
15,731
Stories
--
Type
Single Family Residential
Pool
Yes
Spa
No
County
Los Angeles
Lot#
59,60
APN
5154-011-021

The source for these homes facts are from public records.

90057 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$590,000
Median List Price/Sq.Ft.
$530
Median Sold Price
$365,000
Median Sold Price/Sq.Ft.
$773
Total Inventory
12
Median Sale to List Price %
104.58%
Avg Days on Market
15
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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