2716 -2720 JAMES M WOOD BOULEVARD, LOS ANGELES CA 90006
- 13,541 sq.ft. lot
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.
Listing Courtesy of Tony Azzi, Tony Azzi
Use of this site means you agree to the Terms of Use
Based on information from California Regional Multiple Listing Service, Inc. as of July 15, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
