3148 James M Wood Boulevard , Los Angeles, CA 90006
$2,300,000
Est. Payment: $11,573.24/mo
3 Bed
2 Bath
6800 Sqft
Status: active | Days on site: 8
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

We are pleased to present 3148 James M. Wood Boulevard, an exceptional 8-unit turnkey apartment building located in the heart of Koreatown, one of Los Angeles' most dynamic rental markets. Originally built in 1952, the property features an attractive unit mix of (2) one-bedroom/one-bathroom units and (6) two-bedroom/one-bathroom units.The property underwent a comprehensive interior and exterior renovation in 2020, creating a highly desirable, modern living environment for tenants. Each residence features an open-concept floor plan with recessed lighting, new flooring, fully renovated kitchens with custom cabinetry, stainless steel appliances, stone countertops, and designer tile backsplashes. Bathrooms have been tastefully upgraded with tiled walk-in showers featuring glass enclosures, new vanities with stone countertops, and contemporary fixtures. Every unit also includes an in-unit washer and dryer along with an individual water heater, providing added convenience and efficiency for residents.Exterior and system improvements completed during the renovation include new windows, roof, electrical, fresh exterior paint, and updated metal railings on the balconies and staircases, resulting in strong curb appeal and reduced near-term capital expenditure requirements.The approximately 6,800-square-foot building is situated on a 6,645-square-foot corner lot zoned LAR4, providing investors with long-term redevelopment potential in a rapidly evolving neighborhood.The property boasts an outstanding Walk Score of 95, placing residents within close proximity to Koreatown's vibrant collection of coffee shops, restaurants, bars, markets, and retail destinations along Olympic Boulevard, Wilshire Boulevard, 8th Street, and Western Avenue. The location also offers exceptional regional connectivity with convenient access to the 101, 10, and 110 Freeways, making commuting to Downtown Los Angeles, Hollywood, Beverly Hills, Century City, Culver City, and Westwood quick and convenient.Additionally, the property is located just 0.5 miles from the Wilshire/Normandie Metro D Line Station, providing direct access to Downtown Los Angeles and, through the Metro D Line Extension, expanding westward service to Beverly Hills, Century City, and Westwood as stations continue opening through 2027. This continued investment in public transportation further enhances the property's long-term desirability and investment appeal.

Highlights

Listed by Benjamin S. Lee , 310-858-5489 The Agency , 424-230-3700. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.15

Year Built

1952

County

Los Angeles

Area

C17 - Mid-Wilshire

Listing ID

26860393

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:0
Appliances:Dishwasher, Microwave, Refrigerator
Air Cond:Wall/Window Unit(s)
Fireplaces:

Exterior Features

Lot:No Land Lease
Garage Capacity:5
Zoning:LAR4
Others:2+ Total Units
Parking Features:Uncovered
Principal Interest
$11,573
Taxes
$1,466

Home Price

$2,300,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$460,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,573.24

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,573.24 $1,466.25 $0.00 $13,039.49
Yearly $138,878.84 $17,595.00 $0.00 $156,473.84
Total $4,166,365.10 $527,850.00 $0.00 $4,694,215.10

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T12:37:49.000Z

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