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2740 James M Wood Boulevard

Los Angeles CA 90006

8
4
4
3400 sq. ft.
6773 sq. ft.
Other
Currently for sale - view listing

Overview

Prime Koreatown location. Rare R-4 zoned asset on a 6,771 sq ft lot with potential for approximately 12-25 units (buyer to verify). Exceptional development and value-add opportunity in one of the tightest rental markets in Los Angeles. Property features 4 upgraded units with in-unit washer/dryer, generating $105,600 in current annual income. Extensive capital improvements already completed, including roof, plumbing, electrical, and exterior cement walls, significantly reducing execution and holding risk. Pricing reflects land value with income in place. Upside is intentionally left for the next owner through redevelopment, density expansion, or long-term appreciation. Ideal for developers, 1031 exchange buyers, and long-term investors seeking strong cash flow today and substantial upside tomorrow.

Features

8 bedrooms
4 bathrooms
4 carspaces
3400 sq. ft. floor area
6773 sq. ft. lot size
Other

Happy sellers in Los Angeles

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We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.

Local market activity for 8 bedroom other properties in Los Angeles

In the last 12 months, 3 eight-bedroom other properties similar to 2740 James M Wood Boulevard, have been sold.

This represents a 25% increase in eight-bedroom other properties sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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