
Los Angeles, California 90006
This historic studio in the Glen Donald Building represents a High-Potential Investment Opportunity, listed at a List Price of $229,900—positioned above the $214,861 Fair Market Value. While the property requires modernization given its Condition Rating of 4, its prime location near USC and major transit hubs ensures strong rental demand. The unit features a Panoramic View and classic architectural character. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point into the central Los Angeles market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2121 James M Wood Boulevard W 316 Subject | $229,900* List Price | 0 | 1 | 380 | $565 | - |
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 | $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 over 100 years old. The listing emphasizes 'period details' and 'original craftsmanship' without mentioning any recent renovations to the kitchen, bathroom, or mechanical systems (HVAC/Electric). Based on the age and lack of documented updates, the property is classified as dated and likely requires minor repairs or modernization to meet current standards.
Situated in the landmark 1923 Glen Donald Building, the property showcases exquisite Spanish Colonial and Mediterranean Revival details, offering a unique character and charm rarely found in modern developments.
The residence boasts exceptional connectivity to Downtown LA, Koreatown, and major freeways, providing convenient access to world-class dining, entertainment, and major employment hubs.
With its proximity to USC, Loyola Law School, and other major educational institutions, this property serves as an ideal entry-level investment or urban retreat at a highly competitive price point for the Los Angeles market.
At only 380 square feet, the compact studio layout may be restrictive for buyers seeking more functional space or significant storage options.
Being a century-old building, the property may present challenges related to aging infrastructure and potential limitations on modern renovations due to its historic preservation status.
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. 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.
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 | 380 | 1,243 |
| Lot Size | 21,313 | 24,016 |
| Price | $229.9K | $805.6K |
| Price per sq ft | $605 | $659 |
| Built year | 1923 | 1981 |
| HOA | $389.0 | $684 |
| Days on market | 31 | 71 |
Jun 21, 2026
$229,900
Initial Listing