Deal of the Day – Studio in Downtown LA

2121 James M Wood Blvd #107, Los Angeles, CA 90006

Studio unit in 460sq.ft

Asking Price: $109,000

Listing Remarks:

Location! Location! Location! Own a condominium near Downtown Los Angeles for this unbelieveable price! A 1923 construction with 94 units total. The property was converted to condominiums in August 2011 and it’s professionally managed by Harris Property. The HOA is not approved for FHA, but the HOA is in great shape financially with over $260k in reserves. There is no on-site parking for this building. Everyone parks on the street or some people use the paid parking lot 1 block away. This is a great starter investment! Easy to manage and easy to find renter. Few blocks away from Staple Center, LA Live, 1.5 miles from USC, near Loyola. HOA pays all utilities: Power, gas, water, heat, trash, hot-water, property insurance, wifi in common area, elevator maintenance, on-site maintenance worker, exercise room and landscaping.

Real Realty LA Remarks:

Whether you are simply tired of paying your landlords mortgage or you are excited about the revitalization of downtown LA and the longterm profitability along with the prospect of a little extra cash to pad your wallet in the meantime, this studio unit in a stunning 1920’s building minutes to LA live could be the perfect fit for you.

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For more information on this listing or to schedule a viewing contact us today

To learn more about Real Realty LA please visit our website

Listing Courtesy of Prudential California Realty

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