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.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
49976784
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
- Full Baths: 0
- Half Baths: 0
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.3109
- Lot Size Source: Plans
- Lot Size Square Feet: 13541
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Listing Information
Listing Price Information
- Original List Price: 1
- Listing Contract Date: 2025-05-28
Lease Information
- Listing Agreement: Seller Reserved
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Taxes / Assessments
Tax Information
- Parcel Number: 5077028005
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C17 - Mid-Wilshire
- Postal Code Plus 4: 1708
- Directions: 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.
- Zoning: LAR4
- Source Property Type: Land
- Area: C17 - Mid-Wilshire
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 06/13/2025 @ 10:59
- MLS: 25544533
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 13,541 sized lot, and 0 parking. are nearby neighborhoods.