James M Wood Boulevard

Los Angeles | California

The Signature of

Prime Real Estate

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Marcus & Millichap – Encino

Presented At

$1,850,000

Bedrooms

Living

3,399

SQFT

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2694

James M Wood Boulevard

Los Angeles | California

2694 James M Wood Boulevard, Los Angeles, California, United States. , Los Angeles , California

Residential Income in Los Angeles

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.

Property

3D Street View Tour

Property Location

2694 James M Wood Boulevard, Los Angeles, California, United States., Los Angeles California

Local Weather & Climate

Los Angeles, California

Current Conditions Updated recently

61 °F

Clear sky

Feels Like 61°F

Humidity 82%

Wind 5 mph

Visibility 6.2 mi

Sunrise 2:02 PM

Sunset 2:01 AM

5-Day Forecast

Mon 16 Mar

Clouds

High 82°

Low 63°

Tue 17 Mar

Clouds

High 87°

Low 71°

Wed 18 Mar

Clouds

High 85°

Low 73°

Thu 19 Mar

Clear

High 87°

Low 73°

Fri 20 Mar

Clear

High 89°

Low 75°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Los Angeles?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

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Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 2694 James M Wood Boulevard, Los Angeles, California, United States have?

This other at 2694 James M Wood Boulevard, Los Angeles, California, United States features 3 bedrooms with 3,399 square feet of living space.

What is the size of 2694 James M Wood Boulevard, Los Angeles, California, United States?

This property offers 3,399 square feet of living space.

What is the listing price for 2694 James M Wood Boulevard, Los Angeles, California, United States?

This property is listed at $185,000,000, which equals $54428 per square foot.

What type of property is 2694 James M Wood Boulevard, Los Angeles, California, United States?

This is a other located in Los Angeles, California. The property is situated in an established neighborhood with convenient access to local amenities and services.