
Los Angeles, California 90012
This 55+ Senior Condominium represents a Strong Value Opportunity, listed at $309,000—positioned well below the $352,862 Fair Market Value by 12%. This valuation gap provides $43,862 in Instant Equity for the buyer. Featuring an Updated Kitchen and a Private Courtyard View, the unit maintains a Good Condition Rating. Located in the heart of Little Tokyo, this property offers a low-maintenance lifestyle for Active Seniors or Downsizing Retirees seeking urban convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 267 S San Pedro 217 Subject | $309,000* List Price | 1 | 1 | 690 | $511 | - |
A 100 S Alameda Street 213 Sold | $400,000 | 1 | 1 | 735 | $544 | 0.3 mi |
B 267 S San Pedro Street Active | $299,900 List Price | 1 | 1 | 690 | $435 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this 18-year-old condominium is well-maintained and move-in ready. The kitchen has been recently updated with refreshed countertops, cabinetry, and stainless steel appliances. The unit features functional central HVAC and updated interior finishes, placing it firmly in the 10-20 year 'Good' category.
Situated in the heart of Little Tokyo, the property offers exceptional walkability to world-class dining, cultural landmarks, and major transit hubs like Union Station and the Arts District.
The unit features a move-in-ready interior with an updated kitchen, stainless steel appliances, in-unit laundry, and central HVAC, providing contemporary comfort in a 2006 build.
Listed at $309,000, this property represents a highly accessible entry point into the Downtown Los Angeles real estate market for a well-maintained condominium.
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 $968 per month is substantial for a 690-square-foot unit, significantly increasing the total monthly carrying cost and impacting overall affordability.
Being located within a 55+ senior community limits the potential buyer pool to a specific demographic, which can affect future resale velocity and market appreciation.
Enjoy comfortable, low-maintenance living in the heart of Little Tokyo with this well-appointed 1-bedroom, 1-bath condominium in the highly desirable 55+ Teramachi community. Thoughtfully designed for everyday comfort, the home features a spacious bedroom with a large walk-in closet, an open living and dining area, and a private balcony overlooking the peaceful courtyard. The updated kitchen showcases refreshed countertops, updated cabinetry, and stainless steel appliances, while the in-unit washer and dryer provide added convenience. Central heating and air conditioning, assigned secured parking, and a functional layout make this move-in ready home ideal for those seeking comfort, simplicity, and an active urban lifestyle. Ideally located just steps from Little Tokyo's renowned restaurants, cafés, shops, and cultural attractions, you'll also enjoy easy access to the Arts District, Grand Central Market, Union Station, Walt Disney Concert Hall, The Broad, and Dodger Stadium, placing some of Downtown Los Angeles' most celebrated destinations right at your doorstep.
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 | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 690 | 1,219.385 |
| Lot Size | 64,671 | 27,236.074 |
| Price | $309.0K | $800.2K |
| Price per sq ft | $448 | $650 |
| Built year | 2006 | 1979 |
| HOA | $968.0 | $685 |
| Days on market | 49 | 72 |
Jul 22, 2026
$309,000
Initial Listing
Nov 27, 2023
$297,000
Public Record
Sep 26, 2013
$360,000
Public Record
Jun 1, 2010
$320,000
Public Record