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222 S Central Ave 432, Los Angeles, California 90012, Los Angeles, 90012 - 1 bed, 1 bath

222 S Central Ave 432, Los Angeles, California 90012 home-pic-0
ACTIVE$450,000
222 S Central Ave 432, Los Angeles, California 90012
1Bed
1Bath
645Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location: Situated in the heart of Downtown Los Angeles' vibrant Little Tokyo, offering immediate access to shops, dining, entertainment, and cultural attractions.
Top Cons:
Compact Living Space: At 645 sq ft, the 1-bedroom unit offers a relatively compact living area, which may not suit all buyer preferences.

Compared to the nearby listings

Price:$450.0K vs avg $565.0K ($-115,000)27%
Size:645 sqft vs avg 1,056.5 sqft4%
Price/sqft:$698 vs avg $56088%

More Insights

Built in 1985 (40 years old).
Condition: Built in 1985, this condo is well-maintained and freshly painted, making it move-in ready. The bathroom has been updated with modern fixtures, including a new vanity, walk-in shower, and bidet toilet. However, the kitchen features older wood cabinetry, a white tile backsplash, and black countertops, which appear dated and would benefit from a renovation to align with current styles. While the living areas are clean with recessed lighting and new carpets, the overall condition, particularly the kitchen, suggests it's aged but maintained, requiring minor updates to achieve a more contemporary feel.
Year Built
1985
Close
-
List price
$450K
Original List price
$670K
Price/Sqft
$698
HOA
$425
Days on market
-
Sold On
-
MLS number
SR25230307
Home ConditionFair
Features
Good View: City Lights, Panoramic
Patio
ViewCity Lights,Panoramic

About this home

Welcome to Tokyo Villa in the heart of Downtown Los Angeles’ vibrant Little Tokyo! This freshly painted 1-bedroom, 1-bath condo offers 645 Sq ft of thoughtfully designed living space. The spacious layout features a comfortable living room with direct access to a private patio with city views, a bright dining area with a storage closet, and a walk-in laundry room with stackable washer/dryer hookups conveniently located off the kitchen. The bedroom is generously sized, and the bathroom is updated with a walk-in shower and a modern bidet toilet. Additional highlights include ample closet space in the hallway and throughout the unit, creating both function and comfort. Tokyo Villa is a sought-after community with exceptional amenities: enjoy a fitness center, dry sauna, jacuzzi, and secure, controlled-access parking. Residents also love spending time in the center courtyard, a tranquil outdoor retreat complete with a koi pond and peaceful sitting areas. Located in a prime DTLA location, you’ll be steps away from shops, dining, entertainment, and cultural attractions. This move-in ready condo is a fantastic opportunity to own in one of Los Angeles’ most historic and exciting neighborhoods.

Price History

Date
Event
Price
01/25/95
Sold
$100,000
09/01/17
Sold
$420,000
Condition Rating
Fair
Built in 1985, this condo is well-maintained and freshly painted, making it move-in ready. The bathroom has been updated with modern fixtures, including a new vanity, walk-in shower, and bidet toilet. However, the kitchen features older wood cabinetry, a white tile backsplash, and black countertops, which appear dated and would benefit from a renovation to align with current styles. While the living areas are clean with recessed lighting and new carpets, the overall condition, particularly the kitchen, suggests it's aged but maintained, requiring minor updates to achieve a more contemporary feel.
Pros & Cons

Pros

Prime Location: Situated in the heart of Downtown Los Angeles' vibrant Little Tokyo, offering immediate access to shops, dining, entertainment, and cultural attractions.
Exceptional Building Amenities: Tokyo Villa provides residents with a fitness center, dry sauna, jacuzzi, secure controlled-access parking, and a tranquil center courtyard with a koi pond.
Move-in Ready & Updated Interior: The condo is freshly painted, features an updated bathroom with a walk-in shower and modern bidet toilet, and offers ample closet space.
Private Outdoor Space with Views: Includes a private patio accessible from the living room, offering desirable city views.
In-Unit Laundry: Convenient walk-in laundry room with stackable washer/dryer hookups located off the kitchen.

Cons

Compact Living Space: At 645 sq ft, the 1-bedroom unit offers a relatively compact living area, which may not suit all buyer preferences.
High Association Fees: The monthly association fee of $425 adds a significant ongoing cost to ownership, which can impact affordability and overall investment return.
Significant Price Reductions: The property has undergone multiple substantial price reductions from its original list price of $670,000 to $450,000, potentially indicating initial overpricing or challenges in market appeal.

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