$614,000
SOLD FEB 11, 2025
2 Beds
2 Baths
1,042 Sq Ft
$743/mo HOA Fee

Recently Sold

$589 Per Sq Ft

8% Below List Price

51 Days on Market

Highlights

  • Fitness Center
  • 2-minute walk to Little Tokyo-Arts District
  • Gated Community
  • Felicitas and Gonzalo Mendez High Rated A-
  • 24-Hour Security
  • 3.17 Acre Lot

About This Home

As of February 2025

Bright and airy 2 bed + 2 bath Condo in the heart of Downtown LA, situated at the prime location with walking distance to Little Tokyo and Arts District as well as Metro train station. The SAVOY community offers 24/7 security entrance and concierge services, resort-style living with lush landscaped courtyards, a sparkling pool, business center, sports cafe clubhouse, fitness center and a rooftop deck with spectacular skyline city view. This End unit features a spacious living room, leading out to a private balcony, 2 ensuite bedrooms, side by side laundry closet. The well-appointed open kitchen has stove, stainless steel fridge, dishwasher and microwave. Both the kitchen and bathrooms have tile flooring while the living room and bedrooms have carpet. The unit comes with 2 parking, a convenient side by side spaces. Savoy is truly one of the sought-after communities in DTLA that brings you all the unique dining, shopping and entertainment experience one would not want to miss.

Last Agent to Sell the Property

Desmond Wang

Keller Williams Realty/Pasadena Brokerage Phone: 626-476-1941 License #01902592 Listed on: 11/30/2024

Keller Williams Realty/Pasadena

Last Buyer's Agent

Owen Kim

North American Commercial Industrial Properties,In License #01941390

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,739

Year Built

  • Built in 2005

Lot Details

  • End Unit
  • Two or More Common Walls

HOA Fees

  • $743 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available
  • Side by Side Parking
  • Controlled Entrance
  • Community Parking Structure

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,042 Sq Ft Home
  • 4-Story Property
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Living Room
  • Neighborhood Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 62826
  • Assessor Parcel Number 5163020065
  • $145 per year additional tax assessments

Community Details

Overview

  • 303 Units
  • Savoy Community Association, Phone Number (213) 617-9300
  • Horizon Management Company HOA
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Security

  • 24-Hour Security
  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,739

Year Built

Built in 2005

Lot Details

0

HOA Fees

$743 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Washer, Dryer, Fridge
  • Property Attached: Yes
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • View: Yes
  • Zoning: LAC2
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5163020065
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1042.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 4
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 3
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 589.25
  • Room Type: Living Room, Walk-In Closet
  • Window Features: Blinds, Double Pane Windows, Screens
  • Bathroom Features: Shower In Tub, Granite Counters
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • View: Neighborhood
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Community Structure, Controlled Entrance, Side by Side, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Barbecue, Gym/Ex Room, Clubhouse, Maintenance Grounds, Pet Rules, Security, Controlled Access
  • Association Fee: 742.75
  • Association Fee Frequency: Monthly
  • Association Name: Savoy Community Association
  • Phone: 213-617-9300
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Horizon Management Company

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 138056.00
  • Lot Size Acres: 3.1693

Multi Family

  • Lease Considered: No
  • Lot Size Area: 138056.0000 Square Feet
  • Number Of Units In Community: 303
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2060.52
  • Tax Lot: 1
  • Tax Tract Number: 62826
  • TaxOtherAnnualAssessmentAmount: 145.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2019
Sold by
Lee Seon Young
Bought by
Shen Tian Zuo
Current Estimated Value
$636,035

Purchase Details

Closed on
May 25, 2016
Sold by
Sim Sung Bo
Bought by
Lee Seon Young

Purchase Details

Closed on
Mar 20, 2006
Sold by
Savoy Associates Llc
Bought by
Sim Sung Bo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,800
Interest Rate
6.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $668,000 Fidelity National Title
Grant Deed -- None Available
Grant Deed $601,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $480,800 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2025 02/11/25 Sold $614,000 -8.1% $589 / Sq Ft
01/20/2025 01/20/25 Pending -- -- --
11/30/2024 11/30/24 For Sale $668,000 -- $641 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,739 $730,551 $218,727 $511,824
2024 $8,739 $716,228 $214,439 $501,789
2023 $8,567 $702,185 $210,235 $491,950
2022 $8,157 $688,417 $206,113 $482,304
2021 $8,057 $674,920 $202,072 $472,848
2019 $7,823 $655,825 $197,384 $458,441
2018 $7,805 $642,966 $193,514 $449,452
2016 $6,614 $554,000 $388,000 $166,000
2015 $5,971 $500,000 $350,000 $150,000
2014 $5,538 $453,000 $317,000 $136,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24241801

California Regional Multiple Listing Service (CRMLS)

APN: 5163-020-065