ActiveCondominium

100 S Alameda Street 371

Los Angeles, CA, 90012

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$405,000

MLS: 26652551

Beds

0

Baths

1

Sq Ft

519

Lot

3.17 ac

Year Built

2005

MLS #

26652551

Days on Market

64

Listed

Feb 17, 2026

Description

Residence #371 proves that a studio can live large. As an end unit, it enjoys added privacy and beautiful natural light, with sliding glass doors opening to a private balcony overlooking the serene pool courtyard and swaying palms: a peaceful, resort-style backdrop in the middle of the city. Exceptionally clean and move-in ready, this home features a full size kitchen with white cabinetry, granite countertops and stainless steel newer appliances. Upgraded with sleek charcoal porcelain tile flooring, cool lighting fixtures, and bold black door and hardware details add a crisp, modern edge throughout. The defined sleeping alcove connects to a fully built-out walk-in closet with custom organization, while the updated bathroom showcases a sleek vanity, black fixtures, and a modern glass-enclosed shower/tub. One assigned parking space is included. Savoy is one of Downtown LA's most established and sought-after communities, known for its lush landscaped courtyards, resort-style pool and spa, fitness center, screening room, business center, library, rooftop deck, and 24-hour attended lobby with guest parking. It also boasts some of the lower HOA dues in Downtown a significant advantage for both owner-occupants and investors. Located at the crossroads of Little Tokyo and the Arts District, residents enjoy a true neighborhood feel with walkable access to independent cafes, acclaimed restaurants, galleries, specialty markets, and Metro connections, plus quick access to the 101, 110, 5, and 10 freeways. It's a vibrant yet village-like pocket of DTLA that continues to attract creatives, professionals, and long-term homeowners alike.

Location

Los Angeles, Los Angeles County, CA 90012

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Listed by: Agnes Ferreyra · Realty Source Incorporated

Payment estimate

$3,113

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $40,500 · Loan: $364,500

%
Principal & Interest
$2,240
Property tax (1.25%)
$422
Homeowners insurance
$300
Mortgage insurance
$152
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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 $14,175 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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