267 S San Pedro Street 211, Los Angeles, California 90012, Los Angeles, 90012 - 2 bed, 2 bath
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Los Angeles, California 90012
This Modern Little Tokyo Condominium is a Strong Value Opportunity, listed at $419,000—positioned well below the $459,768 Fair Market Value by 8%. This valuation gap offers $40,768 in Instant Equity. Featuring a Good Condition Rating, the interior boasts a Gourmet Granite Kitchen, stainless appliances, and serene Courtyard Views. Located near Ninth Street School and Hollenbeck Middle, this 55+ community provides 24-hour security and resort-style amenities. It is an ideal acquisition for Active Seniors or Owner-Occupants seeking a turnkey urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 267 S San Pedro Street 211 Subject | $419,000* List Price | 2 | 2 | 970 | $474 | - |
A 267 S San Pedro Street 621 Sold | $392,000 | 1 | 1 | 800 | $490 | 0.0 mi |
B 880 W 1st Street 604 Sold | $505,000 | 1 | 2 | 1,006 | $502 | 0.8 mi |
C 100 S Alameda Street 162 Sold | $342,300 | 1 | 1 | 735 | $466 | 0.3 mi |
D 880 W 1st Street 309 Sold | $515,000 | 2 | 2 | 1,217 | $423 | 0.8 mi |
E 880 W 1st Street 802 Sold | $499,000 | 1 | 1 | 1,006 | $496 | 0.8 mi |
F 880 W 1st Street 211 Sold | $513,000 | 2 | 2 | 1,217 | $422 | 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.
The property was built in 2006, placing it within the 10 to 20-year range specified for a 'good' rating. It is move-in ready with a well-maintained gourmet kitchen featuring granite countertops and stainless steel appliances. The interior shows minimal wear and tear, with functional systems and clean finishes throughout, including the carpeted living areas and tiled kitchen flooring.
Situated in the heart of historic Little Tokyo, this property offers exceptional walkability to the Arts District, Grand Central Market, and major transit hubs like Union Station.
The Teramachi complex provides a high-end lifestyle with 24-hour security, a fitness center, guest lounges, and a serene central courtyard featuring a koi pond.
As a south-facing interior unit, the home enjoys abundant natural light and peaceful courtyard views, avoiding the typical noise of downtown street traffic.
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 $1,163 per month is substantial and may be a deterrent for buyers on fixed incomes or those sensitive to high recurring expenses.
Being a 55+ senior housing community significantly limits the potential buyer pool, which can impact resale liquidity and market time.
Teramachi is a senior (55+ years) condominium complex in the heart of DTLA's historic Little Tokyo. Offered is an interior, south facing unit providing sun drenched afternoons. 2 bedrooms, 2 bathrooms, living room with balcony affording courtyard views, dining area and gourmet kitchen with granite counter tops, breakfast bar and stainless steel appliances. Central air & heat, in-unit washer & dryer and 1 secure indoor parking space. Teramachi amenities include central courtyard with koi pond, fitness center, guest lounges, 2-story community room, community barbecues, 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. 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 58% |
| Baths | 2.0 | 1.0 | 58% |
| Square foot | 970 | 1,006 | 42% |
| Lot Size | 64,671 | 64,671 | 50% |
| Price | $419.0K | $625.0K | 19% |
| Price per sq ft | $432 | $582 | 13% |
| Built year | 2006 | 2005 | 61% |
| HOA | $1163.0 | $821 | 81% |
| Days on market | 21 | 230 | 3% |
Apr 1, 2026
$419,000
Initial Listing
Aug 31, 2017
$478,000
Public Record
Sep 30, 2009
$430,000
Public Record