2121 James M Wood Boulevard 121, Los Angeles, California 90006, Los Angeles, 90006 - 1 bed, 1 bath
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Los Angeles, California 90006
This Historic Studio Condominium represents a Strong Value Opportunity, listed at $265,000—positioned well below the $269,579 Fair Market Value by 1.7%. This valuation gap offers $4,579 in Instant Equity for the buyer. Featuring an updated kitchen, original hardwood floors, and a Condition Rating of 3, the unit provides a move-in ready lifestyle near major transit hubs. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a well-maintained, transit-oriented urban residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2121 James M Wood Boulevard 121 Subject | $265,000* List Price | 1 | 1 | 460 | $586 | - |
A 2121 James M Wood Boulevard 120 Sold | $250,000 | 0 | 1 | 490 | $510 | 0.0 mi |
B 2121 James M Wood Boulevard 414 Sold | $240,000 | 0 | 1 | 370 | $649 | 0.0 mi |
C 2121 James M Wood Boulevard 415 Sold | $270,000 | 1 | 1 | 460 | $587 | 0.0 mi |
D 2121 James M Wood Boulevard 124 Sold | $295,000 | 1 | 1 | 640 | $461 | 0.0 mi |
E 2121 James M Wood 412 Active | $250,000 List Price | 0 | 1 | 370 | $676 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1923 build date, the unit is well-maintained and move-in ready. It features an updated kitchen with newer appliances, original hardwood floors in good condition, and is located in an earthquake-retrofitted building, meeting the criteria for a functional, well-maintained property.
The unit features 1920s architectural character with 9-foot ceilings and original hardwood floors, complemented by a modern updated kitchen and newer appliances.
Residents enjoy a robust suite of amenities including a fitness center, recreation room, library, and billiard tables, offering a high-quality lifestyle within a historic setting.
Ideally located near the Westlake/MacArthur Park Metro station and major hubs like DTLA, USC, and LA Live, the property provides excellent connectivity for urban professionals and students.
The absence of a dedicated parking structure is a significant drawback, requiring residents to utilize street parking or a paid off-site facility nearly 1,000 feet away.
With only 460 square feet of living space, the compact studio conversion may feel restrictive for those requiring more room or extensive storage options.
Charming converted studio located in a historic, well-maintained building situated between Downtown Los Angeles and the Mid-Wilshire neighborhoods. This bright and inviting unit features 9-foot ceilings, original hardwood floors, an updated kitchen with newer appliances, and a full bathroom with a tub. The space includes a converted bedroom area, ample closet and storage space, and enjoys abundant natural light throughout. Residents enter through a secured, earthquake-retrofitted courtyard and have access to a wide range of amenities including free Wi-Fi in common areas, on-site community laundry, a library, piano, recreation room, billiard and ping-pong tables, bike racks, and an exercise room. All utilities are included in the monthly rent, excluding cable. Ideally located just three blocks from the Westlake/MacArthur Park Metro Red Line station, this unit offers easy access to LA Live, Downtown, Staples Center, FIDM, USC (1.5 miles), and Loyola Law School. While there is no parking structure on-site, street parking is available, and a private parking facility is located just 900 feet away at 942 S. Alvarado St.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 41% |
| Baths | 1.0 | 2.0 | 41% |
| Square foot | 460 | 1,051 | 11% |
| Lot Size | 21,307 | 10,246 | 81% |
| Price | $265.0K | $630.0K | 8% |
| Price per sq ft | $576 | $587 | 41% |
| Built year | 1923 | 2009 | 14% |
| HOA | $382.0 | $450 | 19% |
| Days on market | 5 | 211 | 3% |
Jun 1, 2026
$265,000
Initial Listing