2121 James M Wood Boulevard W 316, Los Angeles, California 90006, Los Angeles, 90006 - 0 bed, 1 bath
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2121 James M Wood Boulevard W 316
Los Angeles, California 90006
ACTIVE
CONDITION: FAIR
0Beds
1Baths
380Sq Ft
21,313Lot Size
Property Price
LIST PRICE$219,900
EST. MARKET VALUE
$217,824
SUMMARY
This historic studio in the Glen Donald Building represents a High-Potential Investment Opportunity, listed at a List Price of $219,900—positioned well below the $217,825 Fair Market Value (Note: Market is currently priced at parity). With a Condition Rating of 4, this unit requires modernization, offering a blank canvas for value-add renovations. Its Central Connectivity and Low HOA fees make it a compelling Asset for those targeting the urban rental market. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a historic city retreat.
Estimated Market Value
$217,824
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2121 James M Wood Boulevard W 316 Subject | $219,900* List Price | 0 | 1 | 380 | $573 | - |
A 2121 James M Wood Boulevard 414 Sold | $240,000 | 0 | 1 | 370 | $649 | 0.0 mi |
B 2121 James M Wood Boulevard 120 Sold | $250,000 | 0 | 1 | 490 | $510 | 0.0 mi |
C 2121 James M Wood 412 Active Under Contract | $250,000 List Price | 0 | 1 | 370 | $676 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1923, this historic property is over 100 years old. While the building is a well-maintained landmark, the interior hallway images show exposed piping and dated finishes, suggesting that the unit's systems and interior (kitchen/bath) are likely older than 20 years and require modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Value & Low HOA
The property features a highly competitive price point and a low HOA fee that includes all utilities, providing significant monthly savings and a low barrier to entry for the Los Angeles market.
- Historic Architectural Appeal
Located in the landmark 1923 Glen Donald Building, this Spanish Colonial Revival residence offers timeless character and historic charm that stands out from modern developments.
- Prime Central Connectivity
The location boasts an outstanding transit score with immediate proximity to Downtown LA, USC, and Koreatown, offering easy access to multiple Metro lines and major freeway interchanges.
CONSRISKS & DEFICIENCIES
- Highly Compact Living Space
At only 380 square feet, the studio layout is extremely limited, which may restrict furniture configurations and appeal primarily to a niche segment of minimalist buyers or investors.
- Age-Related Infrastructure
Given the building's 1923 construction, buyers may face limitations common to historic structures, such as a lack of in-unit laundry, limited parking, or older plumbing and electrical systems.
About 2121 James M Wood Boulevard W 316
Welcome to the historic Glen Donald Building, a beautiful 1923 Spanish Colonial Revival landmark offering timeless character in one of Los Angeles' most convenient locations. Enjoy convenient access to restaurants, entertainment, shopping, transportation, and everything Downtown has to offer. Just minutes from Downtown LA, USC, USC Village, LA Live, Crypto.com Arena, BMO Stadium, Exposition Park, the California Science Center, Natural History Museum, Koreatown, and Union Station. Enjoy easy commuting with nearby Metro Rail stations and quick access to the 10, 110, and 101 Freeways, connecting you to Hollywood, Silver Lake, Pasadena, and the greater Los Angeles area. A standout feature is the low HOA, which includes all utilities, providing exceptional value and lower monthly ownership costs. Whether you're looking for a primary residence, a city retreat, or an investment opportunity, this historic gem offers classic architecture, unbeatable convenience, and an outstanding central location. Excellent public transportation is nearby, including Metro Bus Lines 28, 66, 93, 204 and 754, LADOT DASH, and the Westlake/MacArthur Park Metro Station.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1923
- Lot Size
- 21,313 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $319.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 380 | 1,219.385 |
| Lot Size | 21,313 | 27,236.074 |
| Price | $219.9K | $800.2K |
| Price per sq ft | $579 | $650 |
| Built year | 1923 | 1979 |
| HOA | $319.0 | $685 |
| Days on market | 28 | 72 |
Pricing History
Listed for Sale
Aug 12, 2026
$219,900
Initial Listing