2743 James M Wood Boulevard, Unit 8

Los Angeles, CA 90005

$1,400,000
Price
8
Beds
8
Baths
4,320 Sq. Ft.
$324 / Sq. Ft.
4,320
Sq. Ft.
$324
per Sq. Ft.

Description

Reduced price! This 8- Unit property is in a great location in Koreatown. Well maintained rental property. Upside on rent. Each unit is equipped with seperate gas and electrict meters. Easy access to the 110 & 10 freway, Mid-Wilshire, Koreatown and Downtown LA. Fully leased with stable income.Reduced price! This 8- Unit property is in a great location in Koreatown. Well maintained rental property. Upside on rent. Each unit is equipped with seperate gas and electrict meters. Easy access to the 110 & 10 freway, Mid-Wilshire, Koreatown and Downtown LA. Fully leased with stable income.
  1. Listed by Aekyung Lee • DRE #01950900 • Brokerage DRE #01355292 • Onewest Properties

Property Details for 2743 James M Wood Boulevard, Unit 8

Zoning
LAR4
Parcel Number
5077025022
Total Units
8.0
Living Area
4320
Source Living Area
Vendor Enhanced
Area
Mid-Wilshire (C17)
Vacancy Rate
0
Lot Size Area
6754
LISTING UPDATED: 02/13/2025 05:26 PM

Property Details for 2743 James M Wood Boulevard, Unit 8

StatusActive Under Contract
MLS #24-392575
Days on Market276
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1951
Lot Size0.16 AC / 6,754 SF
CountyLos Angeles County

Building Information for 2743 James M Wood Boulevard, Unit 8

Stories1Residences-Year Built1951Building Size-Lot Size0.16 AC / 6,754 SF

Property Information for 2743 James M Wood Boulevard, Unit 8

Community / Development
Community / Development
  • Number Of Units: 8
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 1
  • Type Of Units: 1BR
  • Unit Number: 8
  • Water Heaters: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $136,216
  • Net Operating Income: $82,459.00
  • Gross Income: $136,216
  • Cap Rate: 5.90%
  • Gross Rent Multiplier: $10.00
  • Actual Rent Total: $136,216.00
  • Total Annual Expense: 53756
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1551
  • Lot Size Square Feet: 6754
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 8
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Range/Oven
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-15-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,339.00
  • Unit Actual Rent: $1,339.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,324.40
  • Unit Actual Rent: $1,324.40
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,872.00
  • Unit Actual Rent: $1,872.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,872.00
  • Unit Actual Rent: $1,872.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,231.20
  • Unit Actual Rent: $1,231.20
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,258.20
  • Unit Actual Rent: $1,258.20
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,373.90
  • Unit Actual Rent: $1,373.90
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 8 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,081.30
  • Unit Actual Rent: $1,081.30
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $680,464.00
  • Assessed Improvement Percent: 40.0
  • Assessed Land Value: $1,020,698.00
  • Assessed Land Percent: 60
  • Assessed Total Value: $1,701,162.00

Property History for 2743 James M Wood Boulevard, Unit 8

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2743 James M Wood Boulevard, Unit 8

Taxable ValueLand$1,041,111Additions$694,073Total$1,735,184
Tax Record2024$21,888 ($1,824 / month)
Home Facts
Total Finished SqFt4,320 SqFtAbove Grade Finished SqFt4,320 SqFtLot Size6,752 SqFtStyleMulti-Family Res (5+ Units)Year Built1951ZoningLAR4CountyLOS ANGELESAPN5077-025-022

Schools near 2743 James M Wood Boulevard, Unit 8

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Hoover Street Elementary School
PublicK to 5

Berendo Middle School
Public6 to 8

Young Oak Kim Academy
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Onewest Properties, Aekyung Lee, DRE #01950900

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.