222 S Central 242, Los Angeles, California 90012, Los Angeles, 90012 - 2 bed, 2 bath

222 S Central 242, Los Angeles, California 90012 home-pic-0

222 S Central 242

Los Angeles, California 90012

ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,220Sq Ft
87,079Lot Size

Property Price

LIST PRICE$669,000

SUMMARY

Analysis of 222 S Central 242, Los Angeles, California 90012 is currently available with a list price of $669,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

The property is fully renovated and move-in ready, featuring a modern kitchen with updated cabinetry, stone countertops, and stainless steel appliances. The interior boasts fresh paint, contemporary flooring, and updated bathrooms, meeting current quality standards for a turnkey residence despite the 1985 build year.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Little Tokyo Location

    Situated in the heart of Little Tokyo, this property offers exceptional walkability to world-class dining, cultural landmarks, and major transit hubs like Union Station and the Arts District.

  • Rare DTLA Parking Assets

    The unit includes two assigned parking spaces in a gated garage, a highly coveted and rare feature that significantly enhances resale value in the Downtown Los Angeles market.

  • Turnkey Condition

    Fully renovated and move-in ready, the condo features fresh paint, updated cabinetry, and modern finishes, providing a contemporary living space without the need for immediate capital improvements.

CONSRISKS & DEFICIENCIES

  • High Monthly Carrying Costs

    The $645 monthly association fee is a significant recurring expense that may impact the debt-to-income ratio for some buyers and increase the overall cost of ownership.

  • Building Vintage

    Constructed in 1985, the building's infrastructure and common areas may lack the modern energy efficiencies and architectural aesthetics found in the newer luxury high-rises nearby.

About 222 S Central 242

Fully Renovated & Move-In Ready in the Heart of Little Tokyo. This beautifully refreshed 2-bedroom, 2-bath condo at Tokyo Villa has been upgraded with fresh interior paint, updated kitchen cabinetry, modern finishes, and a clean, contemporary feel throughout. The unit is fully vacant and ready for immediate occupancy. Offering approximately 1,220 sq ft, the spacious open-concept layout provides abundant natural light, generous closet space, and a private balcony perfect for morning coffee or evening relaxation. The unit includes TWO assigned parking spaces in a gated garage — a rare and valuable feature in DTLA. Tokyo Villa residents enjoy 24-hour security, controlled access, fitness center, spa, sauna, jacuzzi, clubhouse, and beautifully landscaped Japanese-inspired courtyards with koi ponds. Located steps from Little Tokyo’s top-rated restaurants, coffee shops, markets, museums, and cultural landmarks. Minutes to the Arts District, Union Station, Metro lines, Walt Disney Concert Hall, The Broad Museum, Grand Central Market, and major freeways. Move-in ready DTLA living with convenience, security, and lifestyle — all in one.

Property Details

Public Facts

Property Type
Condominium
Year Built
1985
Lot Size
87,079 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$645.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.01.5
50%
Baths2.01.5
50%
Square foot1,2201,024.5
82%
Lot Size87,07965,875
56%
Price$669.0K$602.0K
62%
Price per sq ft$548$552
50%
Built year19851985
50%
HOA$645.0$760
29%
Days on market126190
21%

Pricing History

Listed for Sale

Oct 31, 2025

$669,000

Initial Listing

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