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2740 James M Wood Blvd

Los Angeles, CA 90006
  • $1,950,000
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: 22-155057
UPDATED: 14 min ago
$1,950,000
  • 8
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,400
    SQFT
  • $574
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1913
County:
Area:

School Ratings & Info

Description

Great location! Amazing potential for investors. Located in the the heart of Koreatown R-4 zone. This investment offers investors a chance to own property with excellent upside potential and consistent cash flow by taking advantage of the tight Los Angeles rental market. Each unit has its own washer and dryer in-unit. Currently monthly income total is $9,200.There's an extra income $1400(1 bed 1beth)

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-21T21:42:53.26. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/128692214
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2740 James M Wood Blvd Los Angeles, CA 90006

  • Price: $1,950,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 14 min ago
  • MLS #: 22-155057
8
Beds
0
Baths
0
½ Baths
0.16
Acres
3,400
SQFT
$574
$/SQFT
1913
Built
Neighborhood:
Mid-Wilshire
County:
Los Angeles
Area:
Mid-Wilshire
Property Description
Great location! Amazing potential for investors. Located in the the heart of Koreatown R-4 zone. This investment offers investors a chance to own property with excellent upside potential and consistent cash flow by taking advantage of the tight Los Angeles rental market. Each unit has its own washer and dryer in-unit. Currently monthly income total is $9,200.There's an extra income $1400(1 bed 1beth)
Exterior Features

Cross Streets Westmoland & James M Wood Direction Faces North Entry Location Ground Level W/Steps Levels Ground Level Lot Description Back YardGuttersGated With Guard Lot Size Area 6771 Other Structures None Parking Garage Built-In Storage Patio Features Balcony Roof CompositionShingle Style Craftsman Total Parking 4

Interior Features

Bathroom Features RemodeledShower Over Tub Baths Total 7.00 Cooking Appliances GasMicrowave Cooling Wall/WindowAir Conditioning Equipment DryerGarbage DisposalDishwasher Flooring Laminate Heating Wall Kitchen Features Remodeled Laundry In Unit Laundry Equipment Own Water Heater Features GasHot Water CirculatorWater Heater Unit Windows Double Pane WindowsScreensWindow Blinds

Property Features

Assessed Total Value 668174 Gross Income 9200 Gross Operating Income 110400 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Monthly Gross Income 9200.00 Net Operating Income 74450.00 Number Of Buildings 1 Number Of Units 4 Owner Pays Water Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features Gated Sewer In Connected And Paid Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays Air Cond/Heat MaintCable TvElectricityGas Total Annual Expense 35950 Type Of Units Quadruplex Water District Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar4

Listing provided courtesy of Susie H. Kim DRE#01017244 of Redpoint Realty.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-21T21:42:53.26. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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