Sold 12/12/16

2323 James M Wood
Los Angeles, CA 90006

0.31 Acres 194 Days
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.
  • $0 HOA
  • —/Sqft
  • MLS#16131164 provided by Allen (Ali) Afshar of Sperry Van Ness
  • Movoto last checked CRMLS for new data 6 hours ago
  • CRMLS last updated this listing 9 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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Compare Similar Homes for 2323 James M Wood, Los Angeles

Movoto doesn't have sqft for this home. The value of the home is $1,716/Sqft based on the average of the following nearby homes for sale.
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A 13.47 mi
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  • $1,575,000
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B 13.47 mi
201 Ocean Ave #1703B
  • $1,590,000
  • For Sale

    15 days

  • 1 Bd
  • 1 Ba
  • 906 Sqft
  • $1,755 /Sqft
  • 1.33 Acres Lot
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C 13.47 mi
201 Ocean Ave #1003B
  • $1,499,000
  • Price Reduced

    80 days

  • 1 Bd
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  • 906 Sqft
  • $1,655 /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 —

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

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2323 James M Wood

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MacArthur Park
Los Angeles
90006
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$1.8M

2323 James M Wood

$479K

MacArthur Park

-62% y/y

MacArthur Park

$655K

90006

1% y/y

90006

$959K

Los Angeles

0% y/y

Los Angeles

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Refinance Rates for 2323 James M Wood, Los Angeles

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2323 James M Wood in 90006 was last listed for $1,700,000. As of today, , this is 77% above the current median price of $959,450 for the city of Los Angeles, CA and 160% above the median of $655,000 for ZIP code 90006. Right now, there are 29 properties for sale in 90006 and 2,000 properties listed for sale in Los Angeles. Those 2,000 properties are made up of 1,405 single family homes and 595 condos. The square footage of 2323 James M Wood is approximately —, which is 100% below the median size of 1,672 square feet in Los Angeles and 100% below the median size of 1,282 square feet in ZIP code 90006. This property's price per square foot was —, which is 100% below the current $513 median in 90006 and 100% below the $597 Los Angeles median.
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 $959,450 and median cost per square foot of $597. Its current status is sold under the MLS #16131164.

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