ActiveCondominium

100 S Alameda 162

Los Angeles, CA, 90012

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$398,000

MLS: OC26017983

Beds

1

Baths

1

Sq Ft

735

Lot

3.17 ac

Year Built

2005

MLS #

OC26017983

Days on Market

47

Listed

Feb 27, 2026

Description

Live in the center of it all. Residence #162 at The Savoy sits just steps from both Little Tokyo and the Arts District, with restaurants, markets, galleries, nightlife, and Metro access immediately outside your door, delivering true urban energy with everyday convenience. This one-bedroom offers 735 square feet of living space filled with natural light, a private balcony with additional storage, in-unit laundry, and a thoughtfully designed layout that lives larger than expected. The kitchen flows seamlessly into the living area, creating a space that feels both comfortable and functional for everyday living or entertaining. Elevated above sidewalk grade for enhanced privacy while maintaining ground-level convenience, the residence also benefits from nearby gated stair access to the street, allowing for effortless walkability and immediate connection to the neighborhood. The Savoy is a secure, 24-hour attended community known for its lush interior courtyards and resort-inspired amenities, including a pool and spa, fully equipped fitness center, rooftop deck with skyline views, resident lounge spaces, screening room, business center, and beautifully maintained common areas. One assigned parking space is included. Ideally positioned in one of DTLA’s most sought-after neighborhoods with exceptional walkability and access to major freeways and transit. Opportunities at this value in Little Tokyo / Arts District are limited.

Location

Los Angeles, Los Angeles County, CA 90012

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Listed by: Marc Morcos · Balboa Real Estate, Inc

Payment estimate

$3,065

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $39,800 · Loan: $358,200

%
Principal & Interest
$2,201
Property tax (1.25%)
$415
Homeowners insurance
$300
Mortgage insurance
$149
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $13,930 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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