$1,430,000
2740 James M Wood BL
Los Angeles, CA, 90006
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.
Property Details
Price:
$1,430,000
MLS #:
25615071
Status:
Active
Beds:
8
Baths:
4
Type:
Single Family
Neighborhood:
c17midwilshire
Listed Date:
Nov 4, 2025
Finished Sq Ft:
3,400
Total Sq Ft:
3,400
Lot Size:
6,773 sqft / 0.16 acres (approx)
Year Built:
1913
Schools
Interior
Appliances
GD, RF, GO, GR, GS
Cooling
ELC, WW
Flooring
LAM
Heating
GAS
Laundry Features
DINC, WINC
Levels
A
Exterior
Direction Faces
N
Parking Spots
4
Parking Total
4
Security Features
SD
Financial
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
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Current real estate data for Single Family in Los Angeles as of Apr 07, 2026
7,465
Single Family Listed
87
Avg DOM
514
Avg $ / SqFt
$1,547,241
Avg List Price
Community
- Address2740 James M Wood BL Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
Similar Listings Nearby
Property Summary
- 2740 James M Wood BL Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90006. It is listed for $1,430,000 and features 8 beds, 4 baths, and has approximately 3,400 square feet of living space, and was originally constructed in 1913. The current price per square foot is $421. The average price per square foot for Single Family listings in Los Angeles is $514. The average listing price for Single Family in Los Angeles is $1,547,241. To schedule a showing of MLS#25615071 at 2740 James M Wood BL in Los Angeles, CA, contact your James Outland agent at 8057482262.
Courtesy of Redpoint Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than James Outland include the name of the listing broker. Neither the listing company nor James Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 2740 James M Wood BL
Los Angeles, CA