2740 James M Wood Boulevard, Los Angeles, CA 90006

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
2740 James M Wood Boulevard,Los Angeles, CA 90006
$1,430,000
  • 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:$1,430,000
  • Price per sq. ft.:$420.59

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:99 day(s) ago
  • Updated:February 10, 2026 at 04:13 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:$1,430,000
  • Price per sq. ft.:$420.59
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