$1
0.31 Acre Lot

2716 -2720 James M Wood Boulevard, Los Angeles, California 90006

  • Land Property Type
Property Description

This unpriced offering at 2716 – 2720 James M Wood Blvd presents a shovel-ready, 100% affordable housing development opportunity in the heart of Los Angeles. Contact the listing agent for more information. Fully entitled and RTI (Ready-to-Issue), the project is approved for immediate construction of a six-story, 90-unit building comprised of studio and one-bedroom units. The plans feature five stories of Type III-A residential construction over a Type I-A podium with ground-level amenities. Leveraging the benefits of AB 1287, AB 2334, and AB 2345, the project enjoys increased density, reduced setbacks, and no parking or open space requirements. Situated on two contiguous parcels totaling 13,541 SF with 100 feet of frontage, the site is ideally located near Koreatown and MacArthur Park offering exceptional walkability and access to public transit, dining, and services. Delivered vacant at close of escrow and with owner financing available (50% down), this offering represents a rare chance to develop a high-impact affordable housing project in one of Los Angeles’ most in-demand submarkets.

Basic Details
Land
For Sale
25544533
$1
City Lights
0.31 Acre
Active
Features
$0
Address Map
CA
Los Angeles
Los Angeles
90006
James M Wood
2716 -2720
Boulevard
Starting from LAX, head north on Sepulveda Blvd and merge onto the I-105 East. Connect to the I-110 North and continue toward Downtown Los Angeles. Exit near Pico Blvd and make your way west toward the Koreatown/MacArthur Park area. The property is located just off James M Wood Blvd, near the intersection with Hoover Street.
C17 - Mid-Wilshire
LAR4
Additional Information
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$0
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2025-05-28
Broker/Agent Information
Tony Azzi
Tony Azzi
Listing Information
CLW-X04828
CLW-X00860
Active
2025-05-28T20:04:38Z
CRMLS
: Standard
2025-05-28T00:00:00Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069