2323 James M Wood
Los Angeles, CA 90006

13,300 Sqft Sqft
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.
  • Neighborhood: MacArthur Park
  • Days on Movoto: 120
  • Year Built:
  • HOA:
  • $/Sqft:
  • Lot: 13,300 Sqft
  • Property Type: Land
  • MLS#: 16131164
  • MLS:
  • Listing Office: Sperry Van Ness
  • Listing Broker: Allen (Ali) Afshar
  • Movoto last checked: 4 hours ago
  • Last updated: 2 days ago

Property Features for 2323 James M Wood, Los Angeles

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

Los Angeles, California

Total Inventory For Sale

3386 Homes

+5% m/m -16% y/y

Median List Price

$799K

0% m/m +19% y/y

Median Days On Market

47 Days

-4% m/m -38% y/y

Median House Size

1,843 Sqft

0% m/m +22% y/y

Median Price Per Square Foot

$473 /Sqft

0% m/m +3% y/y

Median Price

As of today, there are 77 properties listed for sale in ZIP code 90006 and 3,386 properties listed for sale in the city of Los Angeles, CA. This property at 2323 James M Wood in 90006 is currently listed for $1,800,000. This is 125% above the $799,000 median price for Los Angeles and 111% above the 90006 median of $855,000. Of the 3,386 properties for sale in Los Angeles, 2,748 are single family homes and 638 are condos. 2323 James M Wood is a land home that is approximately — square feet, 100% below the Los Angeles median of 1,843 and 100% below the 90006 ZIP code median of 2,770. The price per Sqft is —, which is 100% below the median price in 90006 of $370 and 100% below the Los Angeles median of $473 per square foot.

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This land house is located at 2323 James M Wood. It is listed on 06/01/2016 for $1,800,000. 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 has been on the market for 120 days. The median days on the market for properties in this area is 47 with a median list price of $799,000 and median cost per square foot of $473. It's currently listed as pending under the MLS #16131164.

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