
Los Angeles, California 90006
This High-Potential Investment Opportunity is listed at a List Price of $234,900, positioned slightly above the $230,613 Fair Market Value. Featuring a Condition Rating of 3, this historic 1923 studio offers a modernized interior with engineered flooring and updated appliances. While the unit lacks on-site parking, the all-inclusive utility structure and proximity to DTLA and major transit hubs provide significant value. This property is an ideal acquisition for Buy-and-Hold Investors seeking rental demand or first-time buyers prioritizing urban accessibility and low-maintenance living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2121 James M Wood 110 Subject 0 bd · 1 ba · 300 sqft · $705 | $224,900* List Price | 0 | 1 | 300 | $705 | - |
A 2121 James M Wood 412 Active Under Contract 0 bd · 1 ba · 370 sqft · $541 | $199,999 List Price | 0 | 1 | 370 | $541 | - |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The studio unit features a recent renovation with new engineered flooring, recessed lighting, and an updated kitchen with newer appliances. While the interior is move-in ready, the overall property is a historic 1923 building with older mechanical systems, including radiator heating and window AC units.
The monthly association fee covers all utilities except cable and provides access to extensive building amenities including a gym, library, and recreation rooms, offering exceptional value for the price point.
Situated near the Metro Red Line and major hubs like DTLA, USC, and LA Live, the property offers high walkability and excellent transit access for students and urban professionals.
This 1923 historic studio combines vintage charm with contemporary updates, featuring engineered flooring and a renovated kitchen with newer appliances.
The absence of a dedicated parking structure requires residents to rely on street parking or an off-site facility 900 feet away, which is a significant drawback in a high-density Los Angeles neighborhood.
At only 300 square feet, the studio's compact footprint significantly limits storage and furniture layout options, appealing to a very specific niche of the buyer market.
Welcome to this bright and thoughtfully updated studio in a charming historic Los Angeles building. Filled with natural light, this inviting home features engineered flooring, an updated kitchen with newer appliances, and a full bathroom with a shower/tub combination. Enjoy a welcoming community with a secure courtyard and an impressive array of amenities, including on-site laundry, a library, piano, recreation room, billiards, ping-pong, bike racks, and an exercise room. All utilities are included except cable, adding exceptional convenience and value. Ideally located near the Metro Red Line with easy access to Downtown LA, LA Live, Crypto.com Arena, FIDM, USC, and Loyola Law School. No on-site parking structure; street parking is available, with a private parking facility approximately 900 feet away. Bright, updated, amenity-rich, and centrally located—an excellent opportunity for a Los Angeles buyer seeking convenience, value, and urban accessibility.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 300 | 1,252.996 |
| Lot Size | 21,344.4 | 26,029.603 |
| Price | $224.9K | $778.5K |
| Price per sq ft | $750 | $629 |
| Built year | 1923 | 1981 |
| HOA | $382.0 | $676 |
| Days on market | 62 | 74 |
Nov 5, 2026
$224,900
$234,900
-4% Price Drop
Initial Listing
Sep 8, 2026
$234,900
Initial Listing
Jun 1, 2023
$280,000
Public Record
Jul 8, 2022
$150,000
Public Record