
Los Angeles, California 90012
This Turnkey Condominium is a Strong Value Opportunity, listed at $398,000—positioned well below the $385,373 Fair Market Value by -3%. While the list price reflects current market stability, the unit features a Mint Condition Rating following a comprehensive renovation, including a newer HVAC system, engineered wood floors, and updated kitchen appliances. Residents enjoy a luxury lifestyle with a rooftop deck, pool, and fitness center. This property is an ideal sanctuary for first-time buyers or urban professionals seeking a move-in ready home in the heart of Downtown Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 100 S Alameda Street 419 Subject 0 bd · 1 ba · 519 sqft · $737 | $388,000* List Price | 0 | 1 | 519 | $737 | - |
A 257 S Spring Street 4l Sold 0 bd · 1 ba · 650 sqft · $538 · 0.6 mi | $350,000 | 0 | 1 | 650 | $538 | 0.6 mi |
B 800 W 1st Street 1009 Sold 0 bd · 1 ba · 481 sqft · $676 · 1.0 mi | $325,000 | 0 | 1 | 481 | $676 | 1.0 mi |
C 118 Astronaut Ellison S Onizuka Street 204 Sold 1 bd · 1 ba · 668 sqft · $704 · 0.3 mi | $470,000 | 1 | 1 | 668 | $704 | 0.3 mi |
D 118 Astronaut Ellison S Onizuka Street 205 Sold 1 bd · 1 ba · 702 sqft · $641 · 0.3 mi | $450,000 | 1 | 1 | 702 | $641 | 0.3 mi |
E 222 S Central 432 Active 1 bd · 1 ba · 645 sqft · $628 · 0.1 mi | $405,000 List Price | 1 | 1 | 645 | $628 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2005, the unit has undergone a comprehensive recent renovation (likely <5 years) including a newer HVAC system, updated kitchen appliances, and freshly painted cabinetry. The interior features modern engineered wood flooring and a refreshed bathroom with a newer vanity and refinished tub, presenting the property in mint, move-in ready condition.
Ideally situated at the intersection of Little Tokyo and the Arts District, this property offers exceptional walkability to world-class dining, cafes, and cultural landmarks in Downtown Los Angeles.
As a top-floor residence with high ceilings, the unit features significant upgrades including engineered wood floors, a newer HVAC system, and refreshed kitchen and bathroom finishes for a move-in-ready experience.
The Savoy provides a luxury lifestyle with a 24-hour lobby, pool, fitness center, and rooftop deck, plus the high-value inclusion of an assigned parking space and in-unit laundry.
The association fee of $647.75 is relatively high for a 519-square-foot studio, which may impact the overall affordability and appeal for budget-conscious buyers.
The compact studio layout requires the use of a Murphy bed to maximize functionality, which may be a drawback for buyers seeking distinct separation between living and sleeping quarters.
Come home to a bright, thoughtfully updated top-floor studio at Savoy, with high ceilings, a private courtyard-facing balcony and space to settle into your own city routine. The open layout comfortably accommodates living and dining, while a tucked-away sleeping nook with a Murphy bed offers flexibility throughout the day. Light-toned engineered wood floors with cork underlayment provides a cushioned, resilient layer for exceptional underfoot comfort. Recessed lighting throughout create a clean, bright and airy setting. The kitchen features freshly painted cabinetry and updated appliances, while the refreshed bathroom includes a newer vanity, refinished tub/shower and textured stone flooring. Top-down/bottom-up shades provide adjustable light and privacy. A newer HVAC system, in-unit washer and dryer, and one assigned parking space add everyday convenience. Enjoy Savoy's pool and spa, fitness center, rooftop deck, screening room, business center and 24-hour lobby. With Little Tokyo's restaurants, cafes and shops nearby and the Arts District within easy reach, Residence #419 offers a welcoming home base for enjoying Downtown Los Angeles.
No exterior & parking available.
Grades K-8 • 0.8 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 519 | 1,252.996 |
| Lot Size | 138,056 | 26,029.603 |
| Price | $388.0K | $778.5K |
| Price per sq ft | $748 | $629 |
| Built year | 2005 | 1981 |
| HOA | $647.75 | $676 |
| Days on market | 33 | 74 |
Oct 24, 2026
$388,000
$398,000
-3% Price Drop
Initial Listing
Oct 7, 2026
$398,000
Initial Listing
Jun 3, 2022
$416,500
Public Record
Mar 27, 2018
$410,000
Public Record
Aug 27, 2010
$175,000
Public Record
Jun 27, 2006
$376,000
Public Record