267 S San Pedro Street 213, Los Angeles, California 90012, Los Angeles, 90012 - 2 bed, 2 bath
Loading property details...
Los Angeles, California 90012
This 55+ Condominium represents a High-Potential Investment Opportunity, listed at $390,000—positioned well below the $476,062 Fair Market Value by 18%. This valuation gap offers $86,062 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit includes a modern cook's kitchen and custom cabinetry. Located in the heart of Little Tokyo, this property offers a resort-style lifestyle with a koi pond courtyard and 24-hour security. It is an ideal acquisition for active seniors or downsizing owner-occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 267 S San Pedro Street 213 Subject | $390,000* List Price | 2 | 2 | 970 | $491 | - |
A 880 W 1st Street 604 Sold | $505,000 | 1 | 2 | 1,006 | $502 | 0.8 mi |
B 880 W 1st Street 802 Sold | $499,000 | 1 | 1 | 1,006 | $496 | 0.8 mi |
C 880 W 1st St 304 Sold | $440,000 | 2 | 2 | 1,323 | $333 | 0.8 mi |
D 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, this 18-year-old property falls within the 10-20 year range for well-maintained, move-in ready homes. The kitchen features updated cabinetry and stainless steel appliances, and the unit includes functional central HVAC and modern amenities.
Situated in the heart of historic Little Tokyo, this property offers exceptional walkability to the Arts District, Grand Central Market, and world-class cultural venues like Disney Hall.
The Teramachi complex provides a resort-style living experience with 24-hour security, a fitness center, a 2-story community room, and a serene central courtyard featuring a koi pond.
The unit features a stylish cook's kitchen with updated cabinetry and stainless steel appliances, complemented by custom floor-to-ceiling built-in display cases in the living area.
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 $1,178 is significantly high, which may impact overall affordability and deter buyers sensitive to high fixed monthly carrying costs.
As a 55+ adult condominium, the property has a restricted buyer pool, which limits resale opportunities to a specific demographic and excludes 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. 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 | 1,243 |
| Lot Size | 64,671 | 24,016 |
| Price | $390.0K | $805.6K |
| Price per sq ft | $402 | $659 |
| Built year | 2006 | 1981 |
| HOA | $1178.0 | $684 |
| Days on market | 15 | 71 |
Jul 7, 2026
$390,000
Initial Listing
Jul 29, 2010
$440,000
Public Record
Oct 9, 2009
$430,000
Public Record