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2694 James M Wood BoulevardLos Angeles, CA 90006

For Sale

$1,850,000

Smart Buyer Rebate $18,500

3rd Price Reduction! 8-unit building cash flowing at a 6.3% Cap Rate from day 1 with upside to an 8% Cap on Proforma! Approved RTI plans to add 8 detached ADUs in the back parking lot to achieve an incredible 11.9% Current Cap Rate, 13.2% Proforma Cap, and only 158k/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.

Listed by Jason Tuvia

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License #01772495

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Marcus & Millichap

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818-212-2735

Listed by Kian Maronde

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License #01952189

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Marcus & Millichap

Last updated November 18, 2025

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Source: CRMLS #25615527

Listing Facts

  • TypeMulti-family
  • NeighborhoodMacarthur Park
  • Bedrooms3
  • Days on Prevu36
  • Size3,399 sqft
  • Price per sqft$544

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

11/18/2025
Price Decreased
$1,850,000
11/05/2025
Listed by Marcus & Millichap
$1,895,000

Property Details for 2694 James M Wood Boulevard

Exterior

Construction

  • Number Of Units Total: 8
  • Stories: 2
  • Year Built: 1906

Measurements

  • Building Area Total: 3,399
  • Lot Size Acres: 0.15
  • Lot Size Area: 6,747
  • Lot Size Square Feet: 6,747
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.3
  • Gross Income: $170,616.00

Taxes

  • Parcel Number: 5077028002

Interior

Measurements

  • Living Area: 3,399

Rooms

  • Bathrooms Total Integer: 8
  • Bedrooms Total: 3

Parking

Parking

  • Parking Features: Unassigned, Uncovered

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 3 bedrooms in this multi-family home at 2694 James M Wood Boulevard.

How does 2694 James M Wood Boulevard compare to other multi-family homes in Macarthur Park?

This multi-family home is listed 47% below the average price for multi-family homes in Macarthur Park and has been on the market for 38 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,399 sqft.

2694 James M Wood Boulevard is a 3-bedroom multi-family home for sale in Los Angeles CA 90006. On Prevu for 36 days at $1,850,000. This includes a recent price decrease of $45,000. This property features 3,399 square feet of living space, located in Macarthur Park. The median listing price for multi-family homes in this area is $785,000. The home offers parking. Browse more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.