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$1,795,000

For Sale

3 days ago

2694 James M Wood Blvd, Los Angeles, CA

House

MLS® 26782991

3 Bed

8 Bath

3399 sqft

0

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 3399 sqft
Garage 
Taxes 
Days Active 2
Lot Size 
Approx. Age 1906
Avg. Price Per Sqft $528
MLS® Number 26782991

Property Address: 2694 James M Wood Blvd, Los Angeles, CA, 90015

Average square foot calculated using Size range provided by listing agent.

Description

Huge 200k Price Reduction! 8-unit building cash flowing at a 6.75% Cap Rate from day 1 with upside to an 8.3% Cap on Proforma! Approved RTI plans to add 8 detached ADUs in the back parking lot to achieve an incredible 12.1% Current Cap Rate, 13.3% Proforma Cap, and only 154k/unit after taking into account all the construction costs (~680k assuming $250/SF). Large 6, 770 SF R4 Lot with TOC Tier 3 designation for future development potential. 5 units have been renovated and boast updated cabinets, flooring, kitchen, bathrooms, exterior improvements, newer roof, and more. Prime Koreatown location just minutes away from the Wilshire/Vermont Metro station as well as many hip neighborhood attractions, restaurants, bars, and shops such as The Line Hotel, Quarters KBBQ, Calic Bagels, H-Mart, Wi Spa, KURVE on Wilshire ($300M 644-unit luxury high-rise development) and many more.
MLS® Number26782991
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1906
Basement
DrivewayGated
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 22, 2026List Date
$1,795,000List Price
-End Date
Not Sold YetSold Price

For Sale

Jan 16, 2026List Date
$1,795,000List Price
  • Commute

Commute

Starting Address
Destination Address
2694 James M Wood Blvd, Los Angeles, CA

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