$640,000
SOLD FEB 3, 2025
1 Bed
1 Bath
870 Sq Ft
$706/mo HOA Fee

Recently Sold

$736 Per Sq Ft

3% Below List Price

75 Days on Market

Highlights

  • Fitness Center
  • 2-minute walk to Little Tokyo-Arts District
  • Heated In Ground Pool
  • Felicitas and Gonzalo Mendez High Rated A-
  • 24-Hour Security
  • Views of Trees

About This Home

As of February 2025

An ultra-cool, east-facing top-floor condo offers the most sought-after 1-bedroom + loft layout, showcasing tranquil pool courtyard views and soaring 17' ceilings. The vibe is elevated with sleek wood floors, recessed lighting throughout, and a private balcony with extra storage. The modern kitchen pops with brand-new cabinets, stylish countertops, a chic farm sink and fixture, and stainless steel appliances. The bedroom is cozy with newer carpet, a walk-in closet, and the bath is decked out with tiled shower walls & flooring, a contemporary vanity plus the convenience of a side-by-side laundry closet. A versatile 2nd-floor loft space, perfect for a home office, gym, or cool guest spot adds to the appeal. SAVOY community brings resort-style living right to your doorstep with lush landscaped courtyards, a pool, spa, fitness center, business center, a Sports Cafe clubhouse and a rooftop deck with epic skyline views. Take advantage of 24-hour lobby service and convenient guest parking, all with low HOA dues! Right in the heart of historic Little Tokyo and the buzzing Arts District, SAVOY places you in the center of DTLA's ever-evolving and vibrant community scene.

Last Agent to Sell the Property

Agnes Ferreyra

Realty Source Incorporated License #01799633 Listed on: 10/10/2024

Last Buyer's Agent

Eric Kang

Christie's International Real Estate SoCal License #02059841

Christie's International Real Estate SoCal

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,028

Year Built

  • Built in 2005

HOA Fees

  • $706 Monthly HOA Fees

Property Views

  • Trees
  • Pool
  • Courtyard

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor

Interior Spaces

  • 870 Sq Ft Home
  • 4-Story Property
  • Gas Fireplace
  • Living Room
  • Dining Area
  • Den with Fireplace
  • Loft

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Guest Parking
  • Controlled Entrance

Pool

  • Heated In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5163-020-168

Community Details

Overview

  • 303 Units
  • Maintained Community

Amenities

  • Sundeck
  • Community Barbecue Grill
  • Clubhouse
  • Billiard Room
  • Meeting Room
  • Elevator

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,028

Year Built

Built in 2005

Lot Details

0

HOA Fees

$706 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary Mediterranean
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Savoy Community Association
  • Entry Floor: 4
  • Living Area: 870
  • Lot Acreage: 3.1693
  • Planned Urban Dev: 0
  • Stories: 4
  • Year Built: 2005
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Den
  • Flooring: Wood, Carpet, Tile
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 756.32

Exterior Features

  • Pool Description: Association Pool, Heated And Filtered, In Ground, Community
  • Pool: Yes
  • Spa: Association Spa, In Ground
  • Spa Yn: Yes
  • View: Pool, Courtyard, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Community Garage, Subterranean, Controlled Entrance
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector

Association/Amenities

  • Amenities: Assoc Pet Rules, Assoc Maintains Landscape, Assoc Barbecue, Billiard Room, Clubhouse, Conference, Controlled Access, Guest Parking, Hot Water, Pool, Security, Spa, Sun Deck, Elevator, Fitness Center
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 706.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5163-020-168
  • Lot Size Area: 138056

Multi Family

  • Number Of Units: 303

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2020
Sold by
Chu Kathleen P
Bought by
Choi William
Current Estimated Value
$624,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,300
Outstanding Balance
$289,697
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$334,516

Purchase Details

Closed on
Jul 13, 2020
Sold by
Chu Patty P
Bought by
Chu Kathleen P

Purchase Details

Closed on
Feb 11, 2013
Sold by
Lee Eui Suk
Bought by
Chu Patty P and Chu Kathleen P

Purchase Details

Closed on
May 4, 2007
Sold by
Jeong Yong Rea
Bought by
Lee Eui Suk

Purchase Details

Closed on
May 4, 2006
Sold by
Savoy Associates Llc
Bought by
Jeong Yong Rea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,500
Interest Rate
6.55%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Grant Deed $620,000 Chicago Title Company
Interfamily Deed Transfer -- Accommodation
Grant Deed $368,000 Title365
Grant Deed $530,000 Chicago Title Co
Grant Deed $515,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $326,300 New Conventional
Previous Owner $51,500 Credit Line Revolving
Previous Owner $412,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2025 02/03/25 Sold $640,000 -2.7% $736 / Sq Ft
12/24/2024 12/24/24 Pending -- -- --
10/10/2024 10/10/24 For Sale $658,000 -- $756 / Sq Ft
Source: The MLS

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 $8,028 $671,106 $216,485 $454,621
2024 $8,028 $657,948 $212,241 $445,707
2023 $7,870 $645,048 $208,080 $436,968
2022 $7,493 $632,400 $204,000 $428,400
2021 $7,401 $620,000 $200,000 $420,000
2020 $5,085 $414,358 $207,179 $207,179
2019 $4,882 $406,234 $203,117 $203,117
2018 $4,869 $398,270 $199,135 $199,135
2016 $4,650 $382,806 $191,403 $191,403
2015 $4,582 $377,056 $188,528 $188,528
2014 $4,601 $369,670 $184,835 $184,835
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-450731

The MLS

APN: 5163-020-168