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$398,000
Original list price: $425,000
MLS: AR25282288
Beds
1
Baths
1
Sq Ft
735
Lot
3.17 ac
Year Built
2005
MLS #
AR25282288
Days on Market
75
Listed
Jan 6, 2026
Description
Discover the perfect urban retreat at Savoy Condominiums (100 S Alameda St, Unit 120), nestled at the exciting crossroads of Downtown LA's Arts District and Little Tokyo. Live surrounded by vibrant street art murals that turn warehouse walls into galleries, craft breweries like Angel City, and acclaimed dining spots such as Bestia (renowned for handmade pastas and rustic Italian vibes), Girl & the Goat, Bavel, and Manuela. In Little Tokyo, explore the charming Japanese Village Plaza, savor authentic ramen at Daikokuya or fresh sushi, and visit cultural gems like the Japanese American National Museum. The Little Tokyo/Arts District Metro station is right across the street for effortless access to the rest of DTLA. Inside this inviting condo, enjoy an open and airy floor plan with elegant hardwood flooring, sleek granite countertops, stainless steel appliances, a spacious master bedroom featuring a walk-in closet, in-unit washer/dryer, and a private patio ideal for morning coffee or evening relaxation. Elevate your lifestyle with Savoy's resort-style amenities: a sparkling pool and spa amid lush courtyards with fountains and bamboo gardens, multiple barbecue areas, a state-of-the-art fitness center, private screening room, business and conference centers, welcoming clubhouse with billiards and catering kitchen, peaceful library, and a breathtaking rooftop deck boasting panoramic Downtown LA skyline views. The unit includes one assigned gated parking space, additional guest parking, and 24-hour security for ultimate convenience and peace of mind. Property is for lease as well.
Location
Los Angeles, Los Angeles County, CA 90012
Open on Google Maps ↗Listed by: Tristan Park · Standard Prosperity
Payment estimate
$3,130
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $39,800 · Loan: $358,200
- Principal & Interest
- $2,266
- Property tax (1.25%)
- $415
- Homeowners insurance
- $300
- Mortgage insurance
- $149
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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
See Los Angeles, CA 90012 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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