2755 James M Wood Blvd | Los Angeles, CA 90006
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- LoopNet Team
2755 James M Wood Blvd
Los Angeles, CA 90006
Multifamily Property For Sale · 8 Units
INVESTMENT HIGHLIGHTS
- Opportunity to acquire an 8-unit multifamily building in prime Koreatown with recent capital upgrades and value-add potential
- Accessory Dwelling Unit (ADU) potential at the rear of the building, offering a further opportunity to increase income (Buyer to confirm)
- Renovated units feature modern kitchens and bathrooms, vinyl plank flooring, premium stainless steel appliances, new lighting, and open floorplans
- 4 units have been renovated, allowing an investor to increase income and below market rents through strategic renovations on the remaining units
- Separately metered for electricity and gas; Electrical panel has been upgraded
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 3,777 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1952 |
| Building Class | C | Parking Ratio | 2.12/1,000 SF |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,777 SF |
| No. Stories | 2 |
| Year Built | 1952 |
| Parking Ratio | 2.12/1,000 SF |
UNIT AMENITIES
- Stainless Steel Appliances
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Fenced Lot
- Gated
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | 550 |
PROPERTY TAXES
| Parcel Number | 5077-025-024 | Improvements Assessment | $487,443 |
| Land Assessment | $731,166 | Total Assessment | $1,218,609 |
PROPERTY TAXES
Parcel Number
5077-025-024
Land Assessment
$731,166
Improvements Assessment
$487,443
Total Assessment
$1,218,609
ZONING
| Zoning Code | R4 (Residential Zoning) |
| R4 (Residential Zoning) |
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