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2740 James M Wood BoulevardLos Angeles, CA 90006

For Sale

$1,460,000

Smart Buyer Rebate $14,600

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.

Listed by Susie H. Kim

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License #01017244

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Redpoint Realty

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323-204-7974

Listed by Jane Kim

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License #01314435

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Redpoint Realty

Last updated January 28, 2026

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Source: CRMLS #25615071

Listing Facts

  • TypeMulti-family
  • NeighborhoodMacarthur Park
  • Bedrooms8
  • Days on Prevu87
  • Size3,400 sqft
  • Price per sqft$429

Amenities

  • Washer/Dryer
  • Parking

Location

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Listing History

11/04/2025
Listed by Redpoint Realty
$1,460,000

Property Details for 2740 James M Wood Boulevard

Exterior

Construction

  • Number Of Units Total: 4
  • Stories: 1
  • Year Built: 1913

Features

  • Direction Faces: North

Measurements

  • Building Area Total: 3,400
  • Lot Size Acres: 0.15
  • Lot Size Area: 6,773
  • Lot Size Square Feet: 6,773
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $10,560.00

Taxes

  • Parcel Number: 5077028009

Interior

Features

  • Appliances: Gas Cooktop, Disposal, Gas Oven, Gas Range, Refrigerator, Dryer, Washer
  • Flooring: Laminate
  • Interior Features: Attic

Measurements

  • Living Area: 3,400

Rooms

  • Bathrooms Total Integer: 4
  • Bedrooms Total: 8

Parking

Parking

  • Parking Features: Gated
  • Parking Total: 4

Utilities

Equipment

  • Cooling: Electric, Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Natural Gas
  • Has Heating: Yes
  • Sewer: Other

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 8 bedrooms in this multi-family home at 2740 James M Wood Boulevard.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 2740 James M Wood Boulevard.

How does 2740 James M Wood Boulevard compare to other multi-family homes in Macarthur Park?

This multi-family home is listed 58% below the average price for multi-family homes in Macarthur Park and has been on the market for 13 more 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 3,400 sqft.

2740 James M Wood Boulevard is a 8-bedroom multi-family home for sale in Los Angeles CA 90006. Listed on Prevu for 87 days at $1,460,000. This property features 3,400 square feet of living space, located in Macarthur Park. The median listing price for multi-family homes in this area is $785,000. Additional amenities include parking and washer/dryer. Explore 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.