2227 Valley Street
Los Angeles, CA 90057
- – beds
- – baths
- – sqft
- 15,760 sqft lot
- – on site
We are pleased to present a rare 100% vacant land development opportunity located in the Westlake neighborhood of Los Angeles. Totaling 15,760 of LAR3 Tier 1 TOC zoned land, a new owner has the ability to capitalize on various exit strategies that include the following: 1) Letter of Determination from Planning and Housing Approval for a 65-unit, 100% affordable, 4-story, 41,272 SF building, 2) Potential to redesign the plans for a 140+ unit ED1 affordable housing development, or 3)Utilize SB684 for 10 small lot homes! This development site is strategically located in close proximity to the 101, 110 and 10 freeways providing easy access to downtown Los Angeles as well as neighboring submarkets such as Koreatown, MacArthur Park, East Hollywood, Silver Lake, Echo Park Chinatown and Pico Union. Contact the listing broker for additional information.
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Last updated Mar 25, 2025
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MLS# 25516145 —
This property is listed in more than one place. See it here.
The Building
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New Construction:No
Location
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Directions:Google Maps: 2227 Valley St, Los Angeles, CA 90057
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Latitude:34.06589800
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Longitude:-118.27311500
The Property
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Property Type:Land
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Zoning:LAR3
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Lot Size Area:15760.0000
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Lot Size Acres:0.3618
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Lot Size SqFt:15760.00
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Lot Size Source:Assessor
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View:1
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View:City Lights
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Additional Parcels:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5154011021
Utilities
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Water Well:No
The Community
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Association:No
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Senior Community:No
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Assessments:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/25/25
Mar 25, 2025
|
Listed / Active | CRMLS_CA | $4,250,000 | 123.7% (36.1% / YR) |
10/22/21
Oct 22, 2021
|
CRMLS_CA | $1,900,000 | -9.5% | |
10/12/21
Oct 12, 2021
|
CRMLS_CA | $2,100,000 |