2740 James M Wood Boulevard, Los Angeles, CA 90006

Local realty services provided by:ERA Excel Realty
2740 James M Wood Boulevard,Los Angeles, CA 90006
$1,460,000
  • 8 Beds
  • 4 Baths
  • 3,400 sq. ft.
  • Multi-family
  • Active
Listed by: susie h. kim, jane kim
Office: redpoint realty
MLS#:25615071
Source:CRMLS

Price summary

  • Price:$1,460,000
  • Price per sq. ft.:$429.41

About this home

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.

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Home facts

  • Year built:1913
  • Listing ID #:25615071
  • Added:62 day(s) ago
  • Updated:January 03, 2026 at 12:19 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Living area:3,400 sq. ft.

Heating and cooling

  • Cooling:Electric, Wall Window Units
  • Heating:Natural Gas

Structure and exterior

  • Year built:1913
  • Building area:3,400 sq. ft.
  • Lot area:0.16 Acres

Finances and disclosures

  • Price:$1,460,000
  • Price per sq. ft.:$429.41
Based on information from California Regional Multiple Listing Service, Inc. as of January 6, 2026 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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