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2694 James M Wood Blvd
Los Angeles, CA 90006
8 Unit + 8 RTI ADUs: 6.3% Cap w upside 13.2% · Multifamily Property For Sale
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8 Units
Investment Highlights
- 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!
- Prime Koreatown Location Minutes from the Wilshire/Vermont Metro Station, The Line Hotel, and Quarters KBBQ
- Approved RTI Plans to Add 8 Detached ADUs in the Back to Achieve an Incredible 11.9% Current Cap Rate, 13.2% Proforma Cap, $158k/Unit After All Costs
Property Facts
| No. Units | 8 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 4,399 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1906 |
| Building Class | C | Parking Ratio | 2.05/1,000 SF |
| Zoning | LAR4 - Multiple Dwelling | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,399 SF |
| No. Stories | 2 |
| Year Built | 1906 |
| Parking Ratio | 2.05/1,000 SF |
| Zoning | LAR4 - Multiple Dwelling |
Amenities
Unit Amenities
- Kitchen
- Oven
- Range
- Tub/Shower
- Pantry
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 5 | - | - |
| 1+1 | 3 | - | - |
Property Taxes
| Parcel Number | 5077-028-002 | Improvements Assessment | $159,181 |
| Land Assessment | $955,087 | Total Assessment | $1,114,268 |
Property Taxes
Parcel Number
5077-028-002
Land Assessment
$955,087
Improvements Assessment
$159,181
Total Assessment
$1,114,268
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