2694 James M Wood Boulevard
Los Angeles, CA 90006
Map
- – beds
- – baths
- – sqft
- 6,771 sqft lot
- 1906 build
- – on site
8-unit building cash flowing at a 5.35% Cap Rate from day 1 with upside to almost a 7% Cap on Proforma! Preliminary plans to add 8 detached ADUs in the back parking lot to achieve an incredible 10.4% Current Cap Rate, 11.6% Proforma Cap, and only 167k/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.
Last checked:
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Last updated Jun 25, 2025
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MLS# 25556971 —
The Building
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Year Built:1906
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New Construction:No
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Building Area Total:3399.00
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Total Number Of Units:8
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Multi/Split
Location
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Directions:Turn right onto Vermont from Wilshire, then left onto James M Wood Blvd.
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Latitude:34.05564700
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Longitude:-118.28668600
The Property
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Property Type:Residential Income
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Zoning:LAR4
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Lot Size Area:6771.0000
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Lot Size Acres:0.1554
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Lot Size SqFt:6771.00
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Lot Size Source:Assessor
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5077028002
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Uncovered
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Parking Spaces:9.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/25/25
Jun 25, 2025
|
Listed / Active | CRMLS_CA | $1,995,000 | 90.0% (24.1% / YR) |
|
9/29/21
Sep 29, 2021
|
CRMLS_CA | $1,050,000 |
