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    3148 James M Wood Boulevard

    Los Angeles (City), CA 90006
    • $2,800,000
    • STATUS: Active
    • ON SITE: 85 days
    • ID#: 21693590
    UPDATED: 22 min ago
    $2,800,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,800
      SQFT
    • $412
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1952
    County:

    School Ratings & Info

    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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-13T23:35:48.567. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
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    3148 James M Wood Boulevard Los Angeles (City), CA 90006

    • Price: $2,800,000
    • Status: Active
    • Updated: 22 min ago
    • ID#: 21693590
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    6,800
    SQFT
    $412
    $/SQFT
    1952
    Built
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    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.
    Exterior Features

    Parking Features AssignedUncovered

    Property Features

    Gross Income 200915 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 141931 Senior Community YN No Special Listing Conditions Standard Zoning Lar4

    Listing provided courtesy of Josh Kaplan of Transwestern Property Company West, Inc. and John Swartz of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-13T23:35:48.567. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
     
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