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.
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