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Est. $7,902/mo

2720 James M Wood, Los Angeles, CA 90006

Multi-Family Home In Westlake
4 Beds4 Baths4,428 Sqft
Listed by David Kaufman

We are proud to present this value add opportunity in Koreatown. The four unit building which features all one bedroom one bathroom, will be delivered with two vacant. The property is located just east of Vermont Avenue and north of Olympic Blvd. With the approved entitlements, a new Buyer has the ability to build 22 units featuring four affordable units. That breaks down to $63,636 per build-able unit and $207 per square foot on land. A new Buyer may be able to obtain favorable financing options.

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Home Details
  • Days on 28
  • Beds: 4
  • Baths: 4
  • Property type: Multi Family
  • Exterior finish: --
  • Year built: 1911
  • Lot size: 0.16
  • Fireplace: no
  • Neighborhood: Macarthur Park
  • Cooling: Wall Unit(s)
  • Appliances: Refrigerator
  • Heating Source: Natural Gas
  • Zoning: Lar4
  • Special Conditions: Standard Sale
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MLS Number19472272
Listing SourceCombined LA Westside - CLAW
Last Updated07/10/2019
Offered ByDavid Ballin Kaufman
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Pricing Info


Principal & Interest$6,012.40
Down Payment: Amount you plan to pay up-front on the purchase price of the property. A 20% down payment is the desired amount by most lenders, but you may pay less.
Interest Rate: The percentage rate a lender is charging on the amount of money you have borrowed for your home purchase.
Property Tax: The annual tax you pay on your property as a percentage of the total property value. This value defaults to a national average of 1.2% of the home price.
Homeowner Insurance: How much do you anticipate spending a month on homeowners insurance?
Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI). Learn More.
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