Price Reduction
Address
3148 James M Wood Boulevard Los Angeles, CA
Price
$ 2,800,000
Property Attributes
  • MLS#21693590
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid-Wilshire
  • Zip90006
  • Style
  • Price$ 2,800,000
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms0
  • Lot Size6,534 SqFt
Listing Provided Courtesy Of:
Josh Kaplan with Transwestern Property Company West, Inc..
Data Source:
CRMLS
Property Description

PRICE REDUCED $95,000. OM IN DOCS. 3148 James M Wood Blvd. is an eight -unit apartment building originally constructed in 1952 and thoroughly renovated, both exterior and interior, to modern high-end spec in 2020. The unit mix consists of two large 1 bed+1bath units and six large1bed+1bath+den units. The property is a two-story, 6,800-square-foot walk-upbuilding with wood frame and stucco construction situated on a 6,643-square foot lot. All tenants at the property are new since the renovation was completed in 2020. Each unit features a large floor plan and includes an in-unit washer/dryer and individual hot water heaters. Units also feature large open kitchens, living areas and bedrooms. Each unit features an above average amount of window coverage, creating ample natural light. Another unique feature of the property is that all units have access from both the front and rear of the building. In addition to the standard separately metered gas and electricity, there are no common-area trash or gas costs to the landlord, so the utility costs at this property are significantly lower than most comparable properties. The current owner is also charging a reimbursement for water and sewer to 4 of the tenants in their leases. A new owner will be able to increase this to all tenants in new future leases. Parking is provided on-site with five single spaces.

Price History
2/17/2021 Listed $2,895,000
4/1/2021 4% - $2,800,000

General Features

MLS Area C17 - Mid-Wilshire
Parking Features Assigned, Uncovered
Property Type Residential Income
Total Units 8
Zoning LAR4

Exterior Features

Lot Size Acres 0.15
Lot Size Area 6643
Lot Size Square Feet 6643
Lot Size Units Square Feet
Number of Buildings 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90006

Price
AVG $1.73M
$2.8M
Visits
AVG 27
15
Year Built
AVG 1928
1952
Walkscore
AVG 91
95
Data Provided by Walkscore ® not using MLS data

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