2323 James M Wood
Los Angeles, CA 90006

0.31 Acres
HUGE PRICE REDUCTION ($350,000) MOTIVATED SELLER. The subject property consists of 2 contiguous lots, the combined lot size of 13,300 SF (100 FT frontage X 133 FT depth), 14 FT alley ( APN# 5141-023-011 5141-023-012). The property zoned LAC-2, can be rezoned to RAS-4 with unlimited height and FAR-3 which allows to build commercial and potentially 40 units apartment with density bonus (Per City of Los Angeles - Buyer to verify). Currently there are 2 houses on each lot. Asset is being sold "AS IS " for development site. Seller does not have any soil test, plan or permit in his position.
  • Property Type: Land
  • MLS#: 16131164
  • MLS:
  • Listing Office: Sperry Van Ness
  • Listed By: Allen (Ali) Afshar
  • Movoto last checked CRMLS for new data 11 hours ago
  • CRMLS last updated this listing 6 months ago

Property Features for 2323 James M Wood , Los Angeles

Lot Size Square Feet: 13300
Price Per Square Foot: 127.82
Parcel Number: 5141023011
Special Listing Conditions: Standard
Standard Status: Closed

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Movoto doesn't have sqft for this home.$1296/Sqft The value of the home is $1296/Sqft.
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YOU
ARE
HERE
2323 James M Wood
  • $1,700,000
  • Sold

    194 days

  • — Bd
  • — Ba
  • 0.31 Acres Lot
  • Built —
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Property History for 2323 James M Wood, Los Angeles

Status
Date
Price
Sold
Dec 12, 2016
$1,700,000
Active Under Contract
Sep 27, 2016
Pending
Aug 19, 2016
Price Change
Jul 18, 2016
$1,800,000
Listed
Jun 1, 2016
$1,975,000
#16131164

Real Estate Market Statistics for 2323 James M Wood, Los Angeles

List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$1.7M

2323 James M Wood

$343K

MacArthur Park

-50% y/y

MacArthur Park

$615K

90006

-9% y/y

90006

$949K

Los Angeles

-4% y/y

Los Angeles

See all trends for Los Angeles
As of today, there are 31 properties listed for sale in ZIP code 90006 and 2,236 properties listed for sale in the city of Los Angeles, CA. This property at 2323 James M Wood in 90006 was last listed for $1,700,000. This is 79% above the current $949,000 median price for Los Angeles and 176% above the median of $615,750 for 90006. Of the 2,236 properties for sale in Los Angeles, 1,562 are single family homes and 674 are condos. 2323 James M Wood is a land home that is approximately — Sqft, 100% below the Los Angeles median of 1,656 and 100% below the 90006 ZIP code median of 1,250. The price per square foot was — which is 100% below the current median price in 90006 of $500 and 100% below the Los Angeles median of $608 per square foot.
This land house is located at 2323 James M Wood. It was last listed. 2323 James M Wood is located in the MacArthur Park neighborhood in the Los Angeles Unified School District. The closest school is Macarthur Park Elementary School For The Visual And Performing Arts.

2323 James M Wood, Los Angeles CA, 90006 was on the market for 194 days. The median days on the market for properties in this area is 42 with a median list price of $949,000 and median cost per square foot of $608. Its current status is sold under the MLS #16131164.

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