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Turnkey 8-Unit Apartment Building
For Sale
$2,300,000

3148 James M Wood Blvd, Los Angeles, CA 90006

Turnkey 8-unit apartment building on a corner lot with renovated interiors and in-unit washer and dryer.

Property Size6,800 SF
Days on Market53

Property Features for 3148 James M Wood Blvd

General Information

Standard status Active
Size 6,800 SF
Property subtype MULTI_FAMILY

Building Details

Building Size 6,800 SF
Year Built 1952
Listing Agency: The Agency
Listed By: Benjamin S. Lee · License #01808926
Source: Rochellemaize
Added: Jul 15 Changed: Aug 16 Last Checked: Sep 5 at 7:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Agency

Investment Insights

Based on property information with market context.

Turnkey 8-unit apartment building originally built in 1952 and comprehensively renovated in 2020. The unit mix includes two one-bedroom, one-bath units and six two-bedroom, one-bath units. Interiors feature open-concept layouts with recessed lighting, new flooring, fully renovated kitchens with custom cabinetry, stainless steel appliances, stone countertops, and designer tile backsplashes. Bathrooms include tiled walk-in showers with glass enclosures, new vanities with stone countertops, and contemporary fixtures. Each unit also includes an in-unit washer and dryer and an individual water heater.

Renovation work also included new windows, a new roof, electrical upgrades, fresh exterior paint, and updated metal railings on balconies and staircases. The building sits on an approximately 6,645-square-foot corner lot and is zoned LAR4.

Additional convenience and access are supported by a Walk Score of 95, with proximity to Koreatown’s dining, retail, and market options, as well as nearby freeway access to the 101, 10, and 110. The property is about 0.5 miles from the Wilshire/Normandie Metro D Line Station, offering connectivity to Downtown Los Angeles.

Key Highlights

  • 8‑unit apartment building built in 1952 on a 6,645 SF corner lot zoned LAR4
  • Unit mix: 2 one‑bedroom/1‑bath units and 6 two‑bedroom/1‑bath units
  • Comprehensive 2020 interior and exterior renovation with open‑concept layouts, recessed lighting, and new flooring

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Tanning Salon Veterinary Clinic Buffet Carpet & Flooring Store (Bike/Boat/Book/etc) Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

9,774
Businesses Nearby

Demographics for 90006, CA

58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Turnkey 8-unit apartment building on a corner lot with renovated interiors and in-unit washer and dryer.
Where is this apartment building located?
The property is located at 3148 James M Wood Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 8‑unit apartment building built in 1952 on a 6,645 SF corner lot zoned LAR4; Unit mix: 2 one‑bedroom/1‑bath units and 6 two‑bedroom/1‑bath units; Comprehensive 2020 interior and exterior renovation with open‑concept layouts, recessed lighting, and new flooring
More about this property
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