2960 James M Wood Blvd Los Angeles, CA 90006

$1,550,000 Sold Price as of 11/21/2018

-- Beds
12 Baths
6,800 Sq.Ft.

Off Market

$1,550,000 Sold Price as of 11/21/2018 Refinance Your Mortgage

Map preview of 2960 James M Wood Blvd, Los Angeles, CA 90006

Property Overview: 2960 James M Wood Blvd Los Angeles, CA has -- bedrooms, 12 bathrooms, 6,800 living square feet and 5,381 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2960 James M Wood Blvd is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 2960 James M Wood Blvd

Last sold for $1,550,000 on November 21st, 2018

August, 2022
Aug 23, 2022

Date

Expired

CRMLS: 22150351

$2,590,000

Price
Apr 26, 2022

Date

Active

CRMLS: 22150351

$2,700,000

Price
Listing provided courtesy of CRMLS

I am pleased to present the opportunity to acquire a multi family apartment community located at 2960 James M Wood Boulevard. Situated just North of Olympic Boulevard and West of Vermont Avenue, the subject property is located within one of Los Angeles' most desirable neighborhoods. Koreatown is one of the most widely publicized and energized communities in LosAngeles. Current ownership has renovated nine units at the subject property. Unit renovations feature hardwood floors, stainless steel appliances and high-quality finishes throughout. The offering presents investors a rare buying opportunity to purchase a stabilized asset with remaining value add components, providing passive income in a market that has shown consistent growth in population and rents year over year.2960 James M Wood is being marketed with 934 Arapahoe (12+1NC Units) totaling 25 Units that can be sold together or separate.

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November, 2018
Nov 21, 2018

Date

Sold (Public Records)

Public Records

$1,550,000

Price
April, 2014
Apr 25, 2014

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 2960 James M Wood Blvd

Assessed Value (2020): $1,783,752

Year	Land Value	Improved Value	Assessed Value
2020	$1,632,000	$151,752	$1,783,752

About 2960 James M Wood Blvd

Detailed summary of property

2960 James M Wood Blvd is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90006 and last sold on November 21, 2018 for $1,550,000. This property has -- bedrooms, 12 bathrooms, roughly 6,800 living square feet, and sits on an approximately 5,381 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 38.39% higher than the current median priced home. 2960 James M Wood Blvd was last sold on November 21, 2018 for $1,550,000. Local nearby listings include 991 Arapahoe St #305A, 908 S Ardmore Ave #502 and 3223 W 6th St #902. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 2960 James M Wood Blvd Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2960 James M Wood Blvd

Public county record property details

Beds: --
Baths: 12
Year built: 1923
Sq. Ft.: 6,800
Lot Size: 5,381
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 9,10
APN: 5094-025-011

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$799,000

Median List Price/Sq.Ft.

$598

Median Sold Price

$760,000

Median Sold Price/Sq.Ft.

$597

Total Inventory

Median Sale to List Price %

87.46%

Avg Days on Market

Loan Type

Conventional (42.86%), FHA (0%), VA (0%), Cash (0%), Other (42.86%)

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