$1,460,000
2755 James M Wood Boulevard Los Angeles, CA 90006
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$1,460,000
Est. payment /mo
3,777 SqFt
Active
2755 James M Wood Boulevard Los Angeles, CA 90006
UPDATED:
10/09/2024 03:37 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,777 sqft
Price per Sqft $386
MLS Listing ID CL24450019
HOA Y/N No
Year Built 1952
Lot Size 6,755 Sqft
Acres 0.16
Property Description
Opportunity to acquire 2755 James M Wood Blvd, an 8-unit apartment building located in the heart of prime Koreatown, one of the most desirable and rapidly developing submarkets of Los Angeles. Originally constructed in 1952, 2755 James M Wood Blvd, is a well-maintained two-story structure with strong cash flow and upside potential. Spanning 3,777 square feet on a 6,753 square foot lot, the property features eight thoughtfully designed one-bedroom, one-bath units. Four of these units have been tastefully upgraded with modern kitchens and bathrooms, vinyl plank flooring, and premium stainless-steel appliances, while all units boast open floor plans that create a bright and inviting atmosphere. Additional highlights include eight parking spaces (one designated for trash bins) and an on-site laundry facility for tenant convenience. The electrical panel has been recently upgraded, and the property is separately metered for gas and electricity. Moreover, there is Accessory Dwelling Unit (ADU) potential at the rear of the building, offering a further opportunity to increase income (Buyer to verify). With a complete interior renovation program, an investor can fully capitalize on the remaining rental upside, making this an exceptional investment opportunity. The Property is ideally posit
Location
State CA
County Los Angeles
Area Listing
Zoning LAR4
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Type Assigned
Building
New Construction No
Others
Tax ID 5077025024
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Janet Neman • Kidder Mathews of California, Inc.
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