
Los Angeles, California 90012
This Savoy Loft Condominium is a Strong Value Opportunity, listed at $729,900—positioned well above the $664,242 Fair Market Value by 9%. While the list price exceeds the current valuation, the property offers a Good Condition Rating with significant upgrades, including a 2022 HVAC system and two parking spaces with EV charging. Featuring a Granite Kitchen and soaring ceilings, this unit provides a premium lifestyle in Little Tokyo. It is an ideal acquisition for Owner-Occupants seeking a turnkey urban residence or first-time buyers prioritizing modern amenities and location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 100 S Alameda Street 432 Subject 2 bd · 2 ba · 1,187 sqft · $566 | $729,900* List Price | 2 | 2 | 1,187 | $566 | - |
A 100 S Alameda Street 149 Sold 2 bd · 2 ba · 1,042 sqft · $614 · 0.0 mi | $640,000 | 2 | 2 | 1,042 | $614 | 0.0 mi |
B 800 W 1st Street 2805 Sold 2 bd · 2 ba · 1,172 sqft · $542 · 1.0 mi | $635,000 | 2 | 2 | 1,172 | $542 | 1.0 mi |
C 800 W 1st Street 2203 Sold 2 bd · 2 ba · 1,234 sqft · $470 · 1.0 mi | $580,000 | 2 | 2 | 1,234 | $470 | 1.0 mi |
D 222 S Central Avenue 224 Sold 2 bd · 2 ba · 1,087 sqft · $520 · 0.1 mi | $565,000 | 2 | 2 | 1,087 | $520 | 0.1 mi |
E 108 W 2nd Street 806 Sold 1 bd · 1 ba · 1,200 sqft · $546 · 0.5 mi | $655,000 | 1 | 1 | 1,200 | $546 | 0.5 mi |
F 118 Astronaut Ellison S Onizuka Street 601 Sold 1 bd · 1 ba · 1,007 sqft · $780 · 0.3 mi | $785,000 | 1 | 1 | 1,007 | $780 | 0.3 mi |
G 222 S Central 242 Sold 2 bd · 2 ba · 1,220 sqft · $529 · 0.1 mi | $645,000 | 2 | 2 | 1,220 | $529 | 0.1 mi |
H 257 S Spring Street 4n Active 2 bd · 2 ba · 1,060 sqft · $612 · 0.6 mi | $649,000 List Price | 2 | 2 | 1,060 | $612 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005 (19 years old), the property is well-maintained and move-in ready. It features a newer HVAC system replaced in 2022 and updated kitchen appliances. While the kitchen and baths are functional with granite and stainless steel, the cabinetry reflects the original construction age, placing it firmly in the 'Good' category.
This top-floor unit features soaring ceilings and expansive windows that provide dramatic volume and abundant natural light, a highly sought-after aesthetic in the Downtown LA market.
The property includes two dedicated parking spaces equipped with a private EV charger and a recently upgraded HVAC system (2022), offering significant functional value and modern convenience.
Situated in the heart of Little Tokyo, the Savoy offers resort-style living with 24-hour security, a pool, and a rooftop deck, all within walking distance to the Arts District and major transit lines.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1187, other record living area = 996.
The monthly association fee of $801.79 is substantial, which may impact the overall affordability and debt-to-income ratio for prospective buyers.
The local public schools are rated 4 and 5 out of 10, which may be a deterrent for families prioritizing high-performing educational districts.
Top-floor 2BR + loft at Savoy in the heart of Little Tokyo in one of Downtown LA's most vibrant and evolving neighborhoods, now buzzing with energy at near pre-pandemic levels. This highly sought-after lofted floor plan offers dramatic volume with soaring ceilings and expansive windows that bring in beautiful natural light and open views of blue skies above. The open-concept living, dining, and kitchen layout flows effortlessly, anchored by rich wood flooring. The kitchen boasts a breakfast island, granite counters, stainless steel appliances, and a newer stove and dishwasher. The versatile loft space is ideal for a home office, guest area, or creative studio. The primary bedroom offers a quiet retreat, while the second bedroom provides flexibility for guests or additional workspace. Additional upgrades include a newer HVAC system (replaced in 2022, approx. $10K). Two parking spaces are included, equipped with an EV charger, an exceptional convenience. Savoy is known for its lush landscaped courtyards and resort-style amenities including pool, spa, fitness center, screening room, business center, rooftop deck, and 24-hour attended lobby with guest parking. Just moments from Little Tokyo's best dining, cafes, markets, and cultural landmarks, with easy access to the Arts District and major transit lines. A rare opportunity to own one of the most desirable layouts in a prime Downtown location.
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 | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,187 | 1,252.996 |
| Lot Size | 138,056 | 26,029.603 |
| Price | $729.9K | $778.5K |
| Price per sq ft | $615 | $629 |
| Built year | 2005 | 1981 |
| HOA | $801.79 | $676 |
| Days on market | 41 | 74 |
Sep 29, 2026
$729,900
Initial Listing
Aug 17, 2018
$730,000
Public Record
Oct 5, 2012
$400,000
Public Record
May 1, 2007
$759,000
Public Record
Apr 10, 2006
$652,000
Public Record