2716 2720 James M Wood Boulevard
Los Angeles, CA 90006
Map
- – beds
- – baths
- – sqft
- 13,541 sqft lot
- – on site
This unpriced offering at 2716 - 2720 James M Wood Blvd presents a shovel-ready, 100% affordable housing development opportunity in the heart of Los Angeles. Contact the listing agent for more information. Fully entitled and RTI (Ready-to-Issue), the project is approved for immediate construction of a six-story, 90-unit building comprised of studio and one-bedroom units. The plans feature five stories of Type III-A residential construction over a Type I-A podium with ground-level amenities. Leveraging the benefits of AB 1287, AB 2334, and AB 2345, the project enjoys increased density, reduced setbacks, and no parking or open space requirements. Situated on two contiguous parcels totaling 13,541 SF with 100 feet of frontage, the site is ideally located near Koreatown and MacArthur Park offering exceptional walkability and access to public transit, dining, and services. Delivered vacant at close of escrow and with owner financing available (50% down), this offering represents a rare chance to develop a high-impact affordable housing project in one of Los Angeles' most in-demand submarkets.
Last checked:
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Last updated Jun 5, 2025
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MLS# 25544533 —
The Building
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New Construction:No
Location
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Directions:Starting from LAX, head north on Sepulveda Blvd and merge onto the I-105 East. Connect to the I-110 North and continue toward Downtown Los Angeles. Exit near Pico Blvd and make your way west toward the Koreatown/MacArthur Park area. The property is located just off James M Wood Blvd, near the intersection with Hoover Street.
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Latitude:34.05564400
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Longitude:-118.28718100
The Property
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Property Type:Land
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Zoning:LAR4
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Lot Size Area:13541.0000
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Lot Size Acres:0.3109
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Lot Size SqFt:13541.00
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Lot Size Source:Plans
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View:1
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View:City Lights
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Additional Parcels:Yes
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:5077028005
The Community
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Inclusions:Fourplex and Duplex
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Association:No
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Senior Community:No
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Assessments:No
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 |
|---|---|---|---|---|
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5/28/25
May 28, 2025
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Listed / Active | CRMLS_CA | $1 |
