2740 James M Wood Boulevard, Unit 4

Los Angeles, CA 90006

$1,690,000
Price
8
Beds
4
Baths
3,400 Sq. Ft.
$497 / Sq. Ft.
3,400
Sq. Ft.
$497
per Sq. Ft.

Description

Fantastic location, great building dondition, and an unbeatable price for this 4-Unit Apartment! Perfect for investors seeking potential. Located in Koreatown's R-4 zone, each unit comes with the convenience of in-unit washer-dryer setups. The current monthly income totals $10,000 (including an extra $1,300 for a 1-bedroom, 1-bathroom unit).Fantastic location, great building dondition, and an unbeatable price for this 4-Unit Apartment! Perfect for investors seeking potential. Located in Koreatown's R-4 zone, each unit comes with the convenience of in-unit washer-dryer setups. The current monthly income totals $10,000 (including an extra $1,300 for a 1-bedroom, 1-bathroom unit).
  1. Listed by Susie H. Kim • DRE #01017244 • Brokerage DRE #01791559 • Redpoint Realty

Property Details for 2740 James M Wood Boulevard, Unit 4

Water Front
None
Zoning
R-4
Style
Contemporary Mediterranean
Parcel Number
UNAVAILABLE
Total Units
4.0
Living Area
3400
Source Living Area
Assessor
Area
Mid-Wilshire (C17)

Location

Listing Courtesy of Redpoint Realty, Susie H. Kim, DRE #01017244
Add your commute
LISTING UPDATED: 04/13/2024 12:01 AM

Property Details for 2740 James M Wood Boulevard, Unit 4

StatusActive
MLS #24-375457
Days on Market28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1913
Lot Size0.16 AC / 6,771 SF
CountyLos Angeles County

Location

Listing Courtesy of Redpoint Realty, Susie H. Kim, DRE #01017244
Add your commute

Building Information for 2740 James M Wood Boulevard, Unit 4

Stories1Residences-Year Built1913Building Size-Lot Size0.16 AC / 6,771 SF

Payment Calculator

$9,223 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,223

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2740 James M Wood Boulevard, Unit 4

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 1
  • Number Of Buildings: 1
  • Type Of Units: 4 unit
  • Unit Number: 4 unit
  • Security Features: Gated, Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector
  • Direction Faces: North
  • Property Condition: Updated/Remodeled
  • Water: District
  • Sewer: In Street
  • Water Heaters: Yes
  • Water Heater Features: Gas
  • Building Permit: Yes
Contract Info
Contract Info
  • Financing: Conventional, AITD
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $120,000
  • Net Operating Income: $110,080.00
  • Gross Income: $120,000
  • Gross Rent Multiplier: $120,000.00
  • Actual Annual Gross Rent: $120,000.00
  • Actual Rent Total: $10,000.00
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 9920
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Alley: No
  • Lot Size Square Feet: 6771
Parking Details
Parking Details
  • Parking Garage: Door Opener
  • Total Parking: 4
  • Parking Features: Garage Door Opener
Interior Features
Interior Features
  • Levels: One
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling Type: Wall Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Laminate
  • Equipment: Garbage Disposal, Gas Dryer Hookup, Dryer, Refrigerator, Range/Oven, Washer
  • Cooking Appliances: Gas, Oven
  • Laundry: Inside
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Roof: Composition, Shingle
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-06-2024
  • Rent Control: Yes
  • Tenant Pays: Electricity, Cable TV, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,100.00
  • Unit Actual Rent: $2,100.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,100.00
  • Unit Actual Rent: $2,100.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,400.00
  • Unit Actual Rent: $2,400.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,100.00
  • Unit Actual Rent: $2,100.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 4
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,300.00
  • Unit Actual Rent: $1,300.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 0
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
  • Number of Dishwasher: 4
  • Number of Disposal: 4
  • Number of Electric Meters: 4
  • Number of Gas Meters: 4
  • Number Range: 4
  • Number Refrigerator: 4
  • Number Wall AC: 4

Property History for 2740 James M Wood Boulevard, Unit 4

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2740 James M Wood Boulevard, Unit 4

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Hoover Street Elementary School
PublicK to 5

Berendo Middle School
Public6 to 8

Young Oak Kim Academy
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2740 James M Wood Boulevard, Unit 4 is a multi-family home for sale in Los Angeles, CA 90006. This property was listed for sale on April 5, 2024 by Redpoint Realty, it's currently listed at $1,690,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Hoover Street Elementary School, Berendo Middle School and Young Oak Kim Academy. 2740 James M Wood Boulevard, Unit 4 is a 8-bed, 4-bath, 3,400 sqft multi-family home built in 1913.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Redpoint Realty, Susie H. Kim, DRE #01017244

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.