222 S Central 428, Los Angeles, California 90012, Los Angeles, 90012 - 1 bed, 1 bath
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This Prime Investment Opportunity is listed at $445,000, positioned well below the $458,384 Fair Market Value by 2%. This valuation gap offers $13,384 in Instant Equity. Featuring a Mint Condition Rating with modern quartz finishes and a private balcony with city views, this unit includes the rare advantage of two assigned parking spaces. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, high-walkability residence in the heart of Little Tokyo.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 222 S Central 428 Subject | $445,000* List Price | 1 | 1 | 863 | $531 | - |
A 100 S Alameda 162 Sold | $410,000 | 1 | 1 | 735 | $558 | 0.1 mi |
B 108 W 2nd Street 711 Sold | $438,000 | 0 | 1 | 750 | $584 | 0.5 mi |
C 121 S Hope Street 321 Sold | $365,000 | 1 | 1 | 793 | $460 | 1.0 mi |
D 100 S Alameda Street 162 Sold | $342,300 | 1 | 1 | 735 | $466 | 0.1 mi |
E 118 Astronaut Ellison S Onizuka Street 205 Pending | $450,000 List Price | 1 | 1 | 702 | $641 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building was constructed in 1985, the unit has undergone a recent modern renovation (likely <5 years) featuring sleek cabinetry, quartz countertops, and a modern entertainment wall. It is described as move-in ready and fully furnished, meeting the criteria for mint condition with no immediate maintenance needed.
Situated in the heart of Little Tokyo and adjacent to the Arts District, this property offers exceptional walkability to world-class dining, cultural landmarks, and major transit hubs like Union Station.
The inclusion of two secure, assigned parking spaces in a gated garage is a significant competitive advantage and a rare find for a one-bedroom unit in Downtown Los Angeles.
This move-in-ready condo comes fully furnished with modern upgrades, including quartz countertops and sleek cabinetry, providing an effortless transition for owner-occupants or immediate rental potential for investors.
The property was recently sold within the past year on 2026-01-30. The sold price is $369,000.00.
At $634 per month, the association fees are relatively high for a one-bedroom unit, which may impact the overall monthly carrying costs and affordability for some buyers.
Constructed in 1985, the building may lack the ultra-modern amenities and energy-efficient systems found in the newer luxury high-rise developments throughout the downtown area.
Modern Move-In Ready in the Heart of Little Tokyo and everything seen in photos included! Step into your new oasis at Tokyo Villa, a beautifully large condo that embodies modern living in the vibrant surroundings of Downtown Los Angeles. This spacious OPEN FLOOR PLAN unit boasts approximately 863 sq ft of contemporary design, ensuring a clean and inviting atmosphere for you and your family. Fully Furnished & Vacant. Ready for immediate occupancy, this residence can be your dream home or a stylish investment property. Experience abundant natural light throughout the day, with a seamless flow between living spaces for entertaining or quiet family time. Home features sleek modern cabinetry in kitchen and bathroom, quartz countertops, wet bar, a modern entertainment wall, and dual closets in master bedroom all tailored to modern family needs. Enjoy your morning coffee or evening relaxation with a view from your own private balcony. Home is equipped with two Assigned Parking Spaces: A rare gem in DTLA, access two secure parking spots within a gated garage—perfect for urban living! Just minutes from the Arts District: Explore trendy galleries, artisan coffee shops, and vibrant street art. Close to Union Station and Metro lines: Simplifying your commute and enhancing connectivity throughout L.A. Enjoy prestigious venues such as the Walt Disney Concert Hall and the Broad Museum, just a stone's throw away. Relish culinary delights at Grand Central Market with an eclectic mix of food vendors right at your fingertips. Don’t miss your chance to immerse yourself in the pulse of L.A. living! Schedule a showing today and discover the possibilities that await in your new home at Tokyo Villa.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 863 | 1,006 | 39% |
| Lot Size | 87,079 | 29,414 | 61% |
| Price | $445.0K | $625.0K | 26% |
| Price per sq ft | $516 | $582 | 35% |
| Built year | 1985 | 1985 | 50% |
| HOA | $634.0 | $821 | 13% |
| Days on market | 4 | 229 | 3% |
Jun 10, 2026
$445,000
Initial Listing
Jan 30, 2026
$369,000
Public Record
Jul 6, 2001
$143,000
Public Record
Apr 23, 1999
$106,000
Public Record