Comptroveby RentSpire

Savoy Condos for Sale and Lease in Downtown Los Angeles Arts District

427 SAVOY ST LOS ANGELES CA 90012, Los Angeles Ca, CA, 90012

Market rate 303 units (unit count basis: listing-reported) Built 1926 FEMA/NRI hazard read: Relatively High

Asking & effective rent by bedroom

Average asking rent across observed units: $3,082. Average effective rent: $3,082.

TypeAsking rentEffective rentAvg sqftObservations
Studio$2,050$2,0505191
1 bedroom$2,300$2,3007351
2 bedroom$3,169$3,1691,0479
3 bedroom$3,600$3,6001,2132

HUD Fair Market Rent gap

HUD area: Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area.

FMR comparison not observed for this property.

Amenities

No amenities observed for this property.

Operator

not observed

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

No nearby comparables with rent data were found within 3 miles.

Sources & provenance

Sourced from https://www.downtownlaloftco.com/savoy-lofts-condos-for-sale-lease-downtown-losangeles — 14 observation(s), last observed Aug 15, 2026.

Data age: 2 days. Last observed: Aug 15, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

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