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$1,460,000

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
See This Home
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Prime Koreatown location. Rare R-4 zoned asset on a 6,771 sq ft lot with potential for approximately 12-25 units (buyer to verify). Exceptional development and value-add opportunity in one of the tightest rental markets in Los Angeles. Property features 4 upgraded units with in-unit washer/dryer, generating $105,600 in current annual income. Extensive capital improvements already completed, including roof, plumbing, electrical, and exterior cement walls, significantly reducing execution and holding risk. Pricing reflects land value with income in place. Upside is intentionally left for the next owner through redevelopment, density expansion, or long-term appreciation. Ideal for developers, 1031 exchange buyers, and long-term investors seeking strong cash flow today and substantial upside tomorrow.

Full Property Details for 2740 James M Wood Blvd

General

  • Price: $1,460,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 25615071
  • Updated: 1/1/2026
  • Added to Site: 75 day(s) ago

Interior

  • Rooms/Areas: Attic, Study
  • Cooking Appliances: Cooktop - Gas, Gas, Oven-Gas, Gas/Electric Range
  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8

Other Rooms

  • Laundry: Laundry Area

Additional Information

  • Shared Amenities: None
  • Security/Safety: Smoke Detector
  • Other Features: None

Parking

  • Garage Description: Gated

Location

  • Area: Mid-Wilshire
  • County: Los Angeles
  • Driving Directions: James M Wood and Westmoreland
  • Direction Faces: North

Heating & Cooling

  • Cooling Type: Wall Unit(s), Wall/Window, Electric
  • Heating Type: Natural Gas

Utilities

  • Sewer: In Street
  • # Water Meters: 1
  • # Gas Meters: 4
  • # Electric Meters: 5

Structural Information

  • # Buildings: 1
  • Architectural Style: Contemporary Mediterranean
  • Stories/Levels: 0
  • Square Feet: 3,400
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1913
  • Year Built Source: Vendor Enhanced

Unit Information

  • Units in Complex: 4
  • Unit Type: 2106, 2107, 2108, 2109

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 2

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: Walk Street
  • Lot Size (Acres): 0.1555
  • Lot Size: 6773
  • Lot Size Source: Vendor Enhanced
  • Zoning: LAR4

Financial Considerations

  • Price Per Sq. Ft.: $429.41
  • Assessment Year: 1913
  • Owner Pays: Water, Gardener
  • Tenant Pays: Cable TV, Electricity, Gas

Disclosures and Reports

  • Disclosures/Reports: As Is
  • APN: 5077-028-009

Listed by Redpoint Realty, Susie H. Kim and Redpoint Realty, Jane Kim

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Listing agents

— 2740 James M Wood Blvd —

  • Susie H. Kim

    Redpoint Realty

  • Jane Kim

    Redpoint Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2740 James M Wood Blvd

School District:Los Angeles Unified School District
NameGradesDistance
Hoover Street Elementary School
2726 Francis Avenue, Los Angeles, CA 90005
K-50.2 mi
Rfk Community Schools-Ambassador-Global Leadership
701 South Catalina Street, Los Angeles, CA 90005
6-80.6 mi
Berendo Middle School
1157 South Berendo Street, Los Angeles, CA 90006
6-80.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2740 James M Wood Blvd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/04/2025
Listed
$1,460,000
93.63%
MLS
6/04/2005
Sold
$754,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2740 James M Wood Blvd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,180
21%
$723,248
2%
2024
$7,582
-15%
$709,068
2%
2023
$8,917
5%
$695,166
2%
2022
$8,519
1%
$681,537
2%
2021
$8,400
-1%
$668,174
1%
2020
$8,480
4%
$661,324
2%
2019
$8,157
2%
$648,358
2%
2018
$8,027
2%
$635,646
2%
2017
$7,859
3%
$623,183
2%
2016
$7,655
1%
$610,964
2%
2015
$7,597
—
$601,788
2%
2014
$7,596
14%
$590,000
16%
2013
$6,644
—
$510,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 2740 James M Wood Blvd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Redpoint Realty, Susie H. Kim and Redpoint Realty, Jane Kim

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2740 James M Wood Blvd, Los Angeles, CA 90006 (MLS# 25615071) is a Multi-Family property with units containing 8 bedrooms and 0 full bathrooms. 2740 James M Wood Blvd is currently listed for $1,460,000 and was received on November 04, 2025. Want to learn more about 2740 James M Wood Blvd? Do you have questions about finding other Multi-Family real estate for sale in Mid-Wilshire? You can browse all Mid-Wilshire real estate or contact a Coldwell Banker agent to request more information.

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