267 S San Pedro 502, Los Angeles, California 90012, Los Angeles, 90012 - 1 bed, 1 bath
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Los Angeles, California 90012
This 55+ Senior Living Condominium represents a Strong Value Opportunity, listed at $338,000—positioned slightly above the $334,913 Fair Market Value. While the price reflects market stability, the property offers a Good Condition Rating and resort-style amenities, including a Zen garden, pool, and fitness center. Located in the heart of Little Tokyo, this unit provides a unique urban lifestyle with high walkability. It is an ideal acquisition for Active Seniors or Downsizing Retirees seeking a secure, maintenance-free community in a vibrant cultural district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 267 S San Pedro 502 Subject | $338,000* List Price | 1 | 1 | 690 | $485 | - |
A 267 S San Pedro Street 621 Sold | $392,000 | 1 | 1 | 800 | $490 | 0.0 mi |
B 100 S Alameda Street 162 Sold | $342,300 | 1 | 1 | 735 | $466 | 0.3 mi |
C 800 W 1st Street 2801 Sold | $428,000 | 1 | 1 | 735 | $582 | 0.8 mi |
D 121 S Hope Street 321 Sold | $365,000 | 1 | 1 | 793 | $460 | 0.7 mi |
E 267 S San Pedro Street 217 Active | $349,000 List Price | 1 | 1 | 690 | $506 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, the property is 20 years old, meeting the 'Good' criteria. The building exterior and common areas appear well-maintained, and as a relatively modern condominium, the systems and interiors are expected to be functional and move-in ready.
Situated in the heart of historic Little Tokyo, the property offers unparalleled walkability to world-class dining, art districts, and grocery markets in Downtown Los Angeles.
The Teramachi Homes provide an extensive amenity package including a central Zen garden, koi pond, fitness center, and onsite services like a hair salon and bookstore.
Built in 2006, this well-maintained condominium features desirable city light views and modern construction standards, offering a contemporary living experience.
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 $900 monthly association fee is significantly high for a 690-square-foot one-bedroom unit, which may impact the overall affordability for some buyers.
As a 55+ senior living development, the property has a restricted buyer pool, which limits marketability and potential resale velocity compared to standard residential units.
55+ Teramachi Homes. Located in the heart of DTLA's historic Little Tokyo District. Community amenities include state-of-the-art fitness center, onsite hair salon and book store, guest lounges and entertainment center with fully equipped kitchen, central Zen garden, fountains/waterfalls, pool/spa/sauna, koi pond. Enjoy lots of art and concert districts surrounded. Many grocery markets around. HOA fee cover building and ground maintenance, clubhouse access, water, sewer and trash services.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 690 | 994 | 6% |
| Lot Size | 64,671 | 43,816 | 52% |
| Price | $338.0K | $625.0K | 3% |
| Price per sq ft | $490 | $582 | 26% |
| Built year | 2006 | 2005 | 58% |
| HOA | $900.0 | $858 | 65% |
| Days on market | 18 | 221 | 3% |
May 19, 2026
$338,000
Initial Listing
Dec 19, 2022
$332,000
Public Record
Dec 5, 2017
$329,000
Public Record
May 5, 2011
$250,000
Public Record