$497,000 - $583,000
RENTED AUG 12, 2025
1 Bed
1 Bath
890 Sq Ft
3.17 Acres

Highlights

  • 3.17 Acre Lot
  • 3-minute walk to Little Tokyo-Arts District
  • Pool View
  • Felicitas and Gonzalo Mendez High Rated A-
  • Loft
  • Community Pool

About This Home

As of August 2025

Bright and quiet Savoy condo loft unit for lease, located on top floor with high ceilings, balcony facing swimming pool and courtyard, 1 bedroom + loft (can be used as office or guest room or 2nd bedroom) , 1 large bathroom with private laundry on site, many amenities including 24hour guards , underground parking, community pool and spa, fitness gym and yoga room, sports cafe and BBQ area, movie screening room, business conference room, computer room, and many more. Conveniently walking distance to Little Tokyo village and Metrolink across the street, minutes away from USC campuses and hospital, financial district, art district, toy district, jewelry district, and many more.

Last Agent to Rent the Property

Lawrence Lau

Coldwell Banker Dynasty Arc. Brokerage Phone: 626-688-9988 License #01098721 Listed on: 08/01/2025

Coldwell Banker Dynasty Arc.

Last Renter's Agent

Lawrence Lau

Coldwell Banker Dynasty Arc. Brokerage Phone: 626-688-9988 License #01098721 Listed on: 08/01/2025

Coldwell Banker Dynasty Arc.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,680

Year Built

  • Built in 2005

Lot Details

  • Two or More Common Walls

Parking

  • 1 Car Garage

Property Views

  • Pool
  • Courtyard

Home Design

  • Split Level Home

Interior Spaces

  • 890 Sq Ft Home
  • 4-Story Property
  • Partially Furnished
  • Gas Fireplace
  • Loft

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Security Deposit $2,800
  • Rent includes trash collection, water
  • 12-Month Minimum Lease Term
  • Available 8/1/25
  • Tax Lot 1
  • Tax Tract Number 62826
  • Assessor Parcel Number 5163020124

Community Details

Overview

  • Property has a Home Owners Association
  • 303 Units

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $350
  • Dogs and Cats Allowed
  • Breed Restrictions

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,680

Year Built

Built in 2005

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2025-08-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 200
  • Deposit Pets: 350
  • Deposit Security: 2800
  • Furnished: Partially
  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Size Limit
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAC2
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 5163020124
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 890.00 Square Feet
  • Stories: 4
  • Entry Location: 4
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 4
  • Fireplace Features: Gas
  • Levels: Multi/Split
  • Price Per Square Foot: 3.15
  • Room Type: Loft

Exterior Features

  • View: Courtyard, Pool
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer, Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

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

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months, 24 Months, Negotiable
  • Lot Size Area: 138056.0000 Square Feet
  • Number Of Units In Community: 303
  • Number Of Units Total: 303
  • Rent Includes: Trash Collection, Water

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2012
Sold by
Kang Chong Ku and Kang So Youn
Bought by
Lau Lawrence S
Current Estimated Value
$544,222

Purchase Details

Closed on
May 17, 2007
Sold by
Kang So Youn
Bought by
Kang Chong Ku

Purchase Details

Closed on
Jun 15, 2006
Sold by
Savoy Associates Llc
Bought by
Kang So Youn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lau Lawrence S $240,000 Lawyers Title La
Kang Chong Ku -- None Available
Kang So Youn $530,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lau Lawrence S $144,000
Previous Owner Kang So Youn $424,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Rented $2,800 0.0% --
08/04/2025 08/04/25 Under Contract -- -- --
08/01/2025 08/01/25 For Rent $2,800 -- --
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 $3,680 $301,442 $200,964 $100,478
2024 $3,680 $295,532 $197,024 $98,508
2023 $3,609 $289,738 $193,161 $96,577
2022 $3,433 $284,058 $189,374 $94,684
2021 $3,387 $278,489 $185,661 $92,828
2019 $3,285 $270,231 $180,155 $90,076
2018 $3,274 $264,933 $176,623 $88,310
2016 $3,123 $254,647 $169,765 $84,882
2015 $3,077 $250,822 $167,215 $83,607
2014 $3,093 $245,910 $163,940 $81,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR25173940

California Regional Multiple Listing Service (CRMLS)

APN: 5163-020-124