2694 James M Wood BL
Los Angeles, CA, 90006
$1,795,000
3 Beds
8 Baths
3,399 SqFt
0.15 Acres
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MLS #26638959 image #0
Huge 200k Price Reduction! 8-unit building cash flowing at a 6.75% Cap Rate from day 1 with upside to an 8.3% Cap on Proforma! Approved RTI plans to add 8 detached ADUs in the back parking lot to achieve an incredible 12.1% Current Cap Rate, 13.3% Proforma Cap, and only 154k/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 Details

Price:
$1,795,000
MLS #:
26638959
Status:
Active
Beds:
3
Baths:
8
Type:
Single Family
Neighborhood:
c17midwilshire
Listed Date:
Jan 15, 2026
Finished Sq Ft:
3,399
Total Sq Ft:
3,399
Lot Size:
6,747 sqft / 0.15 acres (approx)
Year Built:
1906
C17 – Mid-wilshireC17midwilshire

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Schools

Interior

Heating
WL
Levels
U

Exterior

Financial

Gross Operating Income
$169,187
Net Operating Income
$121,081

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Apr 11, 2026
7,988
Single Family Listed
86
Avg DOM
513
Avg $ / SqFt
$1,527,546
Avg List Price

Property Summary

    2694 James M Wood BL Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90006. It is listed for $1,795,000 and features 3 beds, 8 baths, and has approximately 3,399 square feet of living space, and was originally constructed in 1906. The current price per square foot is $528. The average price per square foot for Single Family listings in Los Angeles is $513. The average listing price for Single Family in Los Angeles is $1,527,546.

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2694 James M Wood BL
Los Angeles, CA