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2121 James M Wood, 412, Los Angeles, CA 90006

$245K0bd · 1ba · 370 sqft
Lot 21,313 sqft•HOA $389/mo•Condominium•
Active
•228d on market•MLS# GD-26039166

Property Description

Welcome to this beautifully remodeled studio located on the top floor of a classic historic building, blending vintage charm with modern comfort. The unit features soaring 9-foot ceilings, an open floor plan, original hardwood floors and doors, crown moldings, an Art Deco ceiling, and a separate vanity area. A generously sized closet provides ample storage. The private kitchen offers ample cabinetry, hanging shelves, and a cozy eating area. Enjoy a pleasant view of the courtyard from the living space. The bathroom includes a relaxing soaking tub. Residents benefit from a secure courtyard entrance, elevator access, multiple staircases, and a seismically retrofitted building for added peace of mind. The unbeatable location is just three blocks from the Westlake/MacArthur Park Metro Red Line, with easy access to Downtown LA, LA Live, Crypto.com Arena (formerly Staples Center), FIDM, Loyola Law School, and USC (approximately 1.5 miles away). The HOA covers all utilities except cable and includes community laundry. Exceptional amenities feature a library, piano, billiard and ping-pong tables, bike racks, and an exercise room. There is no on-site parking; however, convenient third-party parking is available nearby, with the closest lot just 900 feet away at 942 S. Alvarado St. Short-term rentals (Airbnb) are not permitted. Don’t miss this rare opportunity to own a piece of Los Angeles history. Additionally, the building has no balconies, which is an advantage for financed buyers, as it avoids SB 326 inspection requirements and potential related lending concerns.

Features & Amenities

FeeBuilt 1923

Property Details

Land Type
Fee
Year Built
1923
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
0
Garage Spaces
0
Heating
None
Cooling
None
View
Courtyard
Flooring
Wood
Roof
Flat
City
Los Angeles
Zip Code
90006
County
Los Angeles
Listed byDiscovery Realty and Finance, Inga Draghetti

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,238.85
Principal & Interest
Loan Amount
$196,000
Total Interest
$249,987
Total Payment Over 30 Years
$445,987
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

2121 James M Wood, 412, Los Angeles, CA 90006

Los Angeles · Condominium

$245K
Affordable Tier
Beds
0
Baths
1
Sqft
370
Lot
21,313 sqft
Year
1923
$/Sqft
$662
Pool: No✓
Spa: No✓
View: Courtyard✓

Listed 30.0% below the median closed sale of $350,000. Price per sqft ($662) is a 17% discount to closed comps ($795).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $245K· $662/sqft
Total list price
Closed comps
vs closed median $350K
−$105K (−30.0%)
Active comps
vs active median $419K
−$174K (−41.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $766
−$104 (−13.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
4125 FigueroaLos Angeles19271154239,278$487$264,00017975
5848 Willoughby AvenueLos Angeles1926115800$776$450,00022272
460 Spring StreetLos Angeles19120147030,796$891$419,00062471
215 7th StreetLos Angeles19110157015,926$674$384,00020970
889 FranciscoLos Angeles20170148098,939$1,000$480,00021969
Total: 5 · Average0.41.0528.446,234.75$765.6$399,400290.6
Median542$419,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
9202 National BoulevardLos Angeles192710/08/20261145214,587$545,000$510,000$1,1280.944986
320 Ardmore AvenueLos Angeles197308/26/20260137843,946$259,000$250,000$6610.968879
210 La Fayette Park PlaceLos Angeles197008/14/20261147617,414$319,000$325,000$6831.025875
119 Rosemont AvenueLos Angeles192710/08/2026115918,004$485,000$460,000$7780.952972
620 Gramercy PlaceLos Angeles199008/20/20260148251,555$340,000$350,000$7261.034270
Total: 5 · Average0.61.0475.827,101.2$379,000$379,000$795.2—53.2
Median476$350,000$350,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.