3250 James M Wood BLVD Los Angeles, CA 90006

PRICE REDUCED! SUBMIT ALL OFFERS!!! The James M. Wood Apartments features beautiful French Normandie architecture and is a two-story structure of wood frame and stucco with a detached garage in the rear with parking for approximately five vehicles. The unit mix is ideal for the Koreatown submarket and features one unit that is a large two bedroom with one bathroom, four large one bedrooms with one bathroom and three units that are studios with one bathroom and a kitchen. Units are individually metered for gas and electricity. The property sits on a high visibility 6,951 sq ft corner lot zone R4-2 in a prime Koreatown location with TOC Tier 3 just east of Western Avenue and just south of Wilshire Boulevard. Upwards of 31 apartments could potentially be developed on this lot and the detached carport in the rear also has the possibility of being converted into one or two ADU apartment units.