267 S San Pedro, Los Angeles, California 90012, Los Angeles, 90012 - 2 bed, 2 bath
Loading property details...
Los Angeles, California 90012
This 55+ Senior Condominium is a Strong Value Opportunity, listed at $485,000—positioned well below the $490,898 Fair Market Value by 1%. This valuation gap offers $5,898 in Instant Equity for the buyer. The unit maintains a Condition Rating of 3, featuring a Granite Kitchen and Private Balcony. Located in the heart of Little Tokyo, this move-in ready home provides a secure, amenity-rich lifestyle. It is an ideal acquisition for Active Seniors or Downsizing Retirees seeking a vibrant urban community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 267 S San Pedro Subject | $485,000* List Price | 2 | 2 | 970 | $506 | - |
A 100 S Alameda Street 353 Sold | $625,000 | 3 | 2 | 1,176 | $531 | 0.3 mi |
B 100 S Alameda Street 175 Sold | $550,000 | 2 | 1 | 900 | $611 | 0.3 mi |
C 267 S San Pedro Street 621 Sold | $392,000 | 1 | 1 | 800 | $490 | 0.0 mi |
D 880 W 1st Street 309 Sold | $515,000 | 2 | 2 | 1,217 | $423 | 0.8 mi |
E 100 S Alameda Street 162 Sold | $342,300 | 1 | 1 | 735 | $466 | 0.3 mi |
F 880 W 1st Street 604 Sold | $505,000 | 1 | 2 | 1,006 | $502 | 0.8 mi |
G 267 S San Pedro Street 213 Active | $419,000 List Price | 2 | 2 | 970 | $432 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006 (18 years old), the property is well-maintained and move-in ready. The kitchen features functional granite countertops and stainless steel appliances, and the unit includes central HVAC, fitting the 10-20 year age criteria for good condition.
Situated in the heart of Little Tokyo near the Arts District and Union Station, the property offers exceptional walkability to premier dining, shopping, and cultural landmarks.
The Teramachi complex provides high-end senior living features including 24-hour security, a koi pond courtyard, and unique guest suites for residents' overnight visitors.
Built in 2006, the unit is move-in ready with contemporary granite countertops, stainless steel appliances, central climate control, and the convenience of in-unit laundry.
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 monthly HOA fee of $1,170 is significantly high for the price point, which may impact overall affordability and debt-to-income ratios for some buyers.
As a 55+ senior community, the property has a restricted pool of potential buyers, which can limit market demand and future resale velocity compared to non-restricted housing.
Welcome to Teramachi, a desirable 55+ senior condominium community in the heart of Little Tokyo. This bright and inviting unit features 2 bedrooms and 2 bathrooms with a flexible floor plan, allowing the second bedroom to also function as a den or office. The kitchen offers granite countertops, stainless steel appliances, and ample cabinetry, opening to the dining and living areas filled with natural light and access to a private balcony. Additional features include central A/C & heat, in-unit washer and dryer, custom closet organizers, and one assigned parking space. Teramachi offers exceptional amenities including a peaceful courtyard with koi pond, fitness center, community lounges, recreation room, barbecue areas, guest parking, and 24-hour front desk/security. One unique feature of this community is the guest suites available for residents’ visitors, providing a comfortable and convenient overnight stay for family and friends. Conveniently located near shops, restaurants, the Arts District, Grand Central Market, and Union Station.
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 | 2.0 | 1.0 | 65% |
| Baths | 2.0 | 1.0 | 65% |
| Square foot | 970 | 994 | 45% |
| Lot Size | 64,671 | 43,816 | 52% |
| Price | $485.0K | $625.0K | 26% |
| Price per sq ft | $500 | $582 | 32% |
| Built year | 2006 | 2005 | 58% |
| HOA | $1170.0 | $858 | 77% |
| Days on market | 19 | 221 | 3% |
May 18, 2026
$485,000
Initial Listing
Oct 25, 2011
$310,000
Public Record