100 S Alameda 348, Los Angeles, California 90012, Los Angeles, 90012 - 2 bed, 2 bath
ACTIVE$625,000
100 S Alameda 348, Los Angeles, California 90012
2Beds
2Baths
1,042Sqft
138,056Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Extensive Resort-Style Amenities: The Savoy community offers a comprehensive suite of amenities including a pool, spa, BBQ grills, clubhouse with billiards, yoga studio, movie screening room, conference room, business center, and a rooftop deck with skyline views, providing a luxurious living experience.
Top Cons:
High Monthly Association Fees: The association fee of $719.33 per month is considerably high, which could be a significant ongoing cost for potential buyers and impact affordability.
Compared to the nearby listings
Price:$625.0K vs avg $589.5K (+$35,500)58%
Size:1,042 sqft vs avg 1,056.5 sqft46%
Price/sqft:$600 vs avg $56081%
More Insights
Built in 2005 (20 years old).
Condition: Built in 2005, the property is within the 10-20 year age range for a 'Good' score. The description notes 'newer carpet, blinds and fresh paint,' and images show updated LVP flooring in some areas, indicating recent cosmetic improvements. The kitchen, while clean and functional with granite countertops and stainless steel appliances (except for the white refrigerator), reflects a style typical of its 2005 build and is not fully updated to current trends. Bathrooms appear consistent with the original build. Overall, the unit is move-in ready and well-maintained, requiring no immediate renovations, aligning with the 'Good' condition criteria.
Year Built
2005
Close
-
List price
$625K
Original List price
$625K
Price/Sqft
$600
HOA
$719.33
Days on market
-
Sold On
-
MLS number
PV25260170
Home ConditionGood
Features
Deck
View-
About this home
Welcome to Savoy! A resort style community in downtown little Tokyo. Pristine gated community with 24 hour security. Contemporary 2 bedrooms, 2 bathrooms with newer carpet, blinds and fresh paint. Private balcony. Community amenities include beautiful pool and spa, BBQ grills, clubhouse with billiards, yoga studio, movie screening room, conference room and business center. Rooftop deck with skyline views. Unit comes with 2 parking spaces with guest parking available. Located near the Arts District, renowned dining, shopping, entertainment hot spot and much more.
Nearby schools
4/10
Utah Street Elementary School
Public,•K-8•0.8mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•1.8mi
Price History
Date
Event
Price
07/29/16
Sold
$620,000
04/14/06
Sold
$584,000
Condition Rating
Good
Built in 2005, the property is within the 10-20 year age range for a 'Good' score. The description notes 'newer carpet, blinds and fresh paint,' and images show updated LVP flooring in some areas, indicating recent cosmetic improvements. The kitchen, while clean and functional with granite countertops and stainless steel appliances (except for the white refrigerator), reflects a style typical of its 2005 build and is not fully updated to current trends. Bathrooms appear consistent with the original build. Overall, the unit is move-in ready and well-maintained, requiring no immediate renovations, aligning with the 'Good' condition criteria.
Pros & Cons
Pros
Extensive Resort-Style Amenities: The Savoy community offers a comprehensive suite of amenities including a pool, spa, BBQ grills, clubhouse with billiards, yoga studio, movie screening room, conference room, business center, and a rooftop deck with skyline views, providing a luxurious living experience.
Prime Urban Location: Situated in downtown Little Tokyo, the property boasts excellent proximity to the vibrant Arts District, renowned dining, shopping, and entertainment, appealing to those seeking an active city lifestyle.
Enhanced Security & Gated Community: The presence of a gated community with 24-hour security offers residents a high level of safety and peace of mind, a significant draw in an urban environment.
Move-In Ready Condition: The unit features newer carpet, blinds, and fresh paint, presenting a contemporary and well-maintained interior that requires minimal immediate updates for new occupants.
Valuable Dedicated Parking: The inclusion of two dedicated parking spaces, along with available guest parking, is a substantial asset in a dense urban area where parking is often at a premium.
Cons
High Monthly Association Fees: The association fee of $719.33 per month is considerably high, which could be a significant ongoing cost for potential buyers and impact affordability.
Absence of Private Unit Views: Despite community rooftop views, the unit itself is noted as having 'None' for views, potentially disappointing buyers who desire private scenic outlooks from their residence.
Modest Historical Appreciation: The property's sales history indicates limited capital appreciation, with a sale price of $620,000 in 2016 and a current list price of $625,000, suggesting a slow growth in value over the past nine years.