2694 James M Wood Boulevard Los Angeles, CA $ 1,850,000
2694 James M Wood Boulevard
$ 1,850,000
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2694 James M Wood Boulevard

Los Angeles, CA, 90006
$ 1,850,000
Bedrooms3 Baths1.0 Sq 3,399

Monthly Estimate*

$ 11,391

Listed by Global Platinum Properties, Inc.
2694 James M Wood Boulevard, Los Angeles, CA 90006 - Image 1
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Multi-Family Home for sale in Los Angeles, CA

for $1,850,000 with 3 bedrooms and 1 full bath. This 3,399 square foot home was built in 1906 on a lot size of 0.1549.

3rd Price Reduction! 8-unit building cash flowing at a 6.4% Cap Rate from day 1 with upside to an 8% Cap on Proforma! Approved RTI plans to add 8 detached ADUs in the back parking lot to achieve an incredible 12% Current Cap Rate, 13.2% Proforma Cap, and only 158k/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.

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Multi-Family Active

Price

$ 1,850,000

Bedrooms

3

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1549

Year Built

1906

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26638959

Days on Market

6

Features
General
Living Area 3399
Heating Wall Furnace
Zoning LAR4
Year Built 1906
Stories Count 2
Levels Two
Gross Income 172496
County Los Angeles
Net Operating Income 118330
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Between Hoover & Vermont - North of Olympic
City Los Angeles
Senior Community Y/N false
Number Of Units Total 8
MLS Area C17 - Mid-Wilshire
Lot Size Units Square Feet
Lot Size Square Feet 6747
Standard Status Active
Cap Rate 6.4
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Interior
Total Stories 0
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 3
Total Baths 8
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Exterior
Parking Features Gated
Total Parking 0
Lot Size Area 6747
Number of Buildings 1
Building Area Total 3399
Lot Size Acres 0.1549
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* Excluded Features
List By
Global Platinum Properties, Inc.

Broker

arminsoleimani@gmail.com

Email

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$11,391
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/16/2026$1,850,000 Listed Price

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2694 James M Wood Boulevard, Los Angeles, CA, 90006 is a Multi-Family Home for sale at $1,850,000 with 3,399 sqft and a lot size of 0.1549. 2694 James M Wood Boulevard has 3 bedrooms, 1.0 baths, and was built in 1906. The property's zip code is 90006 which is in Los Angeles, CA