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

222 S Central 242
Los Angeles, California 90012
Property Price
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
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.5 | 50% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 1,220 | 1,024.5 | 82% |
| Lot Size | 87,079 | 65,875 | 56% |
| Price | $669.0K | $602.0K | 62% |
| Price per sq ft | $548 | $552 | 50% |
| Built year | 1985 | 1985 | 50% |
| HOA | $645.0 | $760 | 29% |
| Days on market | 126 | 190 | 21% |
Pricing History
Listed for Sale
Oct 31, 2025
$669,000
Initial Listing



















































