
Los Angeles, California 90012
This Turnkey Condominium in Tokyo Villa represents a Strong Value Opportunity, listed at a List Price of $599,000—positioned well below the $601,284 Fair Market Value by 0.38%. Featuring a Mint Condition Rating, this unit offers a modern kitchen, quartz countertops, and a private balcony with Courtyard Views. With two side-by-side parking spaces and a prime Little Tokyo location, it provides both lifestyle convenience and financial stability. This property is an ideal acquisition for Owner-Occupants seeking a move-in ready home or first-time buyers prioritizing a simplified commute.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 222 S Central Avenue 200 Subject | $599,000* List Price | 2 | 2 | 1,221 | $492 | - |
A 222 S Central 242 Sold | $645,000 | 2 | 2 | 1,220 | $529 | 0.0 mi |
B 100 S Alameda Street 149 Sold | $640,000 | 2 | 2 | 1,042 | $614 | 0.1 mi |
C 222 S Central 428 Sold | $435,000 | 1 | 1 | 863 | $504 | - |
D 100 S Alameda 159 Active | $589,000 List Price | 2 | 2 | 1,042 | $565 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1985, the unit has undergone a comprehensive recent remodel (likely <5 years) featuring a modern kitchen with quartz countertops and stainless steel appliances, updated bathrooms with subway tile and new vanities, and contemporary laminate flooring and recessed lighting throughout. The property is in mint, move-in condition.
Situated in the heart of Little Tokyo near the Arts District and major transit hubs, offering exceptional walkability and access to cultural landmarks.
Includes two side-by-side parking spaces in a gated garage, a highly coveted and rare feature for downtown Los Angeles condominiums.
The unit features a complete remodel with quartz countertops, stainless steel appliances, and a functional split-bedroom layout for maximum privacy.
The monthly association fee of $691 is relatively high, which may impact the overall affordability and debt-to-income ratio for some buyers.
The property is currently tenant-occupied, which could present challenges for buyers seeking immediate possession or flexible scheduling for inspections.
Welcome to "Tokyo Villa," ideally located in the heart of Little Tokyo in Downtown Los Angeles. This beautifully remodeled 2-bedroom, 2-bathroom condo offers laminate flooring and recessed lighting throughout, with an open living and dining layout ideal for entertaining. Step out to the private balcony overlooking the landscaped courtyard. The kitchen showcases stainless steel appliances, quartz countertops, and updated modern cabinetry. A split-bedroom floor plan places the two bedrooms on opposite ends of the unit, separated by the living area for added privacy — each offering generous closet space and floor-to-ceiling windows, with one featuring its own en-suite bathroom. Both bathrooms have been updated with subway tile and newer vanities, and a stackable washer and dryer is tucked into the full hallway bathroom for convenient in-unit laundry. Two side-by-side parking spaces in a gated garage add rare convenience in a neighborhood where parking is hard to come by. Residents also enjoy 24-hour security, controlled access, a fitness center, jacuzzi, sauna, library, clubhouse with full kitchen, and Japanese-inspired landscaped courtyards with koi ponds. The property is currently tenant-occupied on a month-to-month lease, offering buyers flexibility with move-in timing. Just minutes from the Arts District's galleries, coffee shops, and street art, with easy access to Union Station and Metro lines for a simplified commute. Cultural landmarks like the Walt Disney Concert Hall and The Broad are close by, and Grand Central Market's food hall is a short trip away, all with convenient freeway access.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,221 | 1,219.385 |
| Lot Size | 87,079 | 27,236.074 |
| Price | $599.0K | $800.2K |
| Price per sq ft | $491 | $650 |
| Built year | 1985 | 1979 |
| HOA | $691.0 | $685 |
| Days on market | 6 | 72 |
Sep 3, 2026
$599,000
Initial Listing