
Los Angeles, California 90012
This 55+ Senior Living Condominium represents a stable market entry, listed at a List Price of $390,000, which aligns perfectly with its $390,000 Fair Market Value. Featuring a Condition Rating of 3, this unit offers a functional, move-in ready layout with an updated kitchen and private balcony. While the monthly association fee is notable, the property provides a secure, amenity-rich lifestyle in the heart of Little Tokyo. This residence is an ideal choice for active seniors or retirees seeking a low-maintenance, culturally vibrant urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 267 S San Pedro Street 213 Subject 2 bd · 2 ba · 970 sqft · $335 | $325,000* List Price | 2 | 2 | 970 | $335 | - |
A 121 S Hope Street 417 Sold 1 bd · 1 ba · 793 sqft · $435 · 0.7 mi | $345,000 | 1 | 1 | 793 | $435 | 0.7 mi |
B 267 S San Pedro Street Unit 307 Pending 2 bd · 2 ba · 1,060 sqft · $386 · 0.0 mi | $409,000 List Price | 2 | 2 | 1,060 | $386 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this 20-year-old condo is well-maintained, functional, and move-in ready. The listing features an updated kitchen with stainless steel appliances, central heating and air, and clean, well-kept interior spaces and community amenities.
Situated in the heart of historic Little Tokyo, this property offers exceptional walkability to the Arts District, Union Station, and world-class dining and entertainment venues like Disney Hall.
The Teramachi complex provides a resort-like lifestyle with 24-hour security, a fitness center, a central courtyard with a koi pond, and guest parking, ensuring both comfort and safety.
The availability of seller financing offers a significant advantage for buyers looking for alternative lending solutions or more flexible terms in the current interest rate environment.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =64671, other record lot size in square feet = 64558.
The association fee of $1,178 per month is relatively high for a sub-1,000 square foot unit, which may deter budget-conscious buyers and impact overall affordability.
As a 55+ senior living community, the property has a restricted pool of potential buyers, which can limit resale liquidity and exclude younger professionals or families.
Located in the heart of DTLA's historic Little Tokyo, this interior facing unit offers a stylish and bright setting. The flexible floor plan includes two bedrooms, or one bedroom plus den/office, two bathrooms, including Primary bathroom with a walk-in shower and cook's kitchen with updated cabinetry & stainless steel appliances. The light & bright living room features a custom built, floor-to-ceiling cabinetry with glass display cases & storage. The living room slider leads out to a balcony, with storage closet, affording courtyard views. Additional qualities include central air & heat, washer & dryer and assigned parking. Teramachi is a 55+ adult condominium offering a variety of amenities including a central courtyard with koi pond, fitness center, guest lounges, 2-story Community Room, community BBQ's, guest parking and 24 hour front desk/security station. Close to Little Tokyo shops & restaurants, Arts District, Grand Central Market, Union Station, Dodger Stadium, Dorothy Chandler Pavilion and Disney Hall. Seller Financing Available. Welcome Home!
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 2.0 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 970 | 1,252.996 |
| Lot Size | 64,671 | 26,029.603 |
| Price | $325.0K | $778.5K |
| Price per sq ft | $335 | $629 |
| Built year | 2006 | 1981 |
| HOA | $1178.0 | $676 |
| Days on market | 125 | 74 |
Sep 18, 2026
$325,000
$390,000
-17% Price Drop
Initial Listing
Jul 7, 2026
$390,000
Initial Listing
Jul 29, 2010
$440,000
Public Record
Oct 9, 2009
$430,000
Public Record