2121 James M Wood Boulevard 411, Los Angeles, California 90006, Los Angeles, 90006 - 0 bed, 1 bath
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Los Angeles, California 90006
This historic condominium presents a High-Potential Investment Opportunity with a List Price of $249,500—positioned well below the $261,259 Fair Market Value by 4%. This valuation gap offers $11,759 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the unit offers vintage character and high ceilings in a prime Mid-Wilshire location. With an HOA covering all major utilities, this is a stable, low-overhead Buy-and-Hold Investor asset or an accessible entry point for first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2121 James M Wood Boulevard 411 Subject | $249,500* List Price | 0 | 1 | 450 | $581 | - |
A 2121 James M Wood Boulevard 415 Sold | $270,000 | 1 | 1 | 460 | $587 | 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 Boulevard 414 Sold | $240,000 | 0 | 1 | 370 | $649 | 0.0 mi |
D 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 moderate renovation needed.
Built in 1923, this historic property is well-maintained but dated. While the hardwood floors and paint appear in good condition, the unit relies on a window AC and older heating systems rather than modern central HVAC. The kitchen and bath are described as 'cozy' and 'vintage,' indicating they are likely over 20 years old without a full modern renovation.
Priced under $250,000 with an HOA fee that covers all major utilities—electric, gas, water, and trash—this property represents a rare, low-overhead entry point into the Los Angeles market.
Strategically located between Koreatown and Downtown LA, the property offers high walkability and convenient access to the Metro, USC, and major entertainment districts.
The 1923 historic building provides unique vintage character and high ceilings that offer a sense of volume and charm often missing in modern condominium developments.
At only 450 square feet, the compact studio-style layout may limit appeal for buyers requiring dedicated storage or space for a home office.
The reliance on community laundry facilities and the absence of deeded parking—common in historic buildings—may be a significant inconvenience for modern urban dwellers.
Welcome to a beautifully single level unit w/Elevator located in a charming historic Gated/Secured building in the heart of Los Angeles’ vibrant Mid-Wilshire/Koreatown area. This bright and inviting residence blends classic character with modern convenience, featuring high ceilings, an open and functional floor plan, abundant natural light. The unit offers a comfortable living space with a cozy kitchen and a breakfast nook area. The historic building showcases vintage charm while providing secured access, community laundry facilities, and a prime central location. Ideally situated between Downtown Los Angeles and Mid-Wilshire, this property offers convenient access to restaurants, shopping, entertainment, Metro stations, and major freeways. Enjoy urban living with close proximity to Koreatown, LA Live, USC, and MacArthur Park. A wonderful opportunity for first-time buyers, investors, or anyone seeking an affordable and centrally located Los Angeles residence filled with character and charm. The HOA fee includes electric, gas, water and trash! Don't miss this unique opportunity to own a piece of L.A. history.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 8% |
| Baths | 1.0 | 2.0 | 41% |
| Square foot | 450 | 1,051 | 8% |
| Lot Size | 21,313 | 10,246 | 81% |
| Price | $249.5K | $630.0K | 5% |
| Price per sq ft | $554 | $587 | 32% |
| Built year | 1923 | 2009 | 14% |
| HOA | $278.0 | $450 | 11% |
| Days on market | 9 | 211 | 3% |
May 28, 2026
$249,500
Initial Listing