267 S San Pedro Street 217, Los Angeles, California 90012, Los Angeles, 90012 - 1 bed, 1 bath

267 S San Pedro Street 217, Los Angeles, California 90012 home-pic-0
ACTIVE$349,000$690/sqft
267 S San Pedro Street 217, Los Angeles, California 90012
1Bed
1Bath
690Sqft
64,671Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Urban Location: Situated in the vibrant heart of DTLA's historic Little Tokyo, offering unparalleled access to diverse shops, restaurants, cultural attractions like the Arts District, Grand Central Market, Union Station, and entertainment venues.
Top Cons:
MLS Listing Discrepancy: 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.

Compared to the nearby listings

Price:$349.0K vs avg $540.6K ($-191,636)7%
Size:690 sqft vs avg 1,050 sqft7%
Price/sqft:$506 vs avg $54441%

More Insights

Built in 2006 (20 years old).
Condition: Built in 2006, this unit is move-in ready with a well-maintained and modern aesthetic. The kitchen features updated cabinetry, onyx countertops, and stainless steel appliances, while the bathroom boasts contemporary fixtures and mosaic tiling. All major systems, including central air/heat and in-unit laundry, appear functional and in good condition. While some components are updated, it hasn't undergone a full recent renovation to qualify as 'Excellent', but it shows minimal wear and tear consistent with a 'Good' rating.
Year Built
2006
Close
-
List price
$349K
Original List price
$349K
Price/Sqft
$506
HOA
$968
Days on market
-
Sold On
-
MLS number
26637663
Home ConditionGood
Features
Good View: Courtyard
Deck
Pool
ViewCourtyard

About this home

Located in the heart of DTLA's historic Little Tokyo, is this peaceful, one bedroom, one bathroom unit in a light and bright setting. The cook's kitchen features onyx countertops, updated cabinetry & stainless steel appliances. The cozy, south facing living room, with full length slider, provides sun drenched afternoons. A spacious balcony affords 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, two-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, UnionStation, Dodger Stadium, Dorothy Chandler Pavilion & Disney Hall. Welcome Home!

T
Thomas Inatomi
Listing Agent

Nearby schools

5/10
Ninth Street School
Public,K-50.9mi
6/10
Hollenbeck Middle School
Public,6-82.0mi
3/10
Belmont Senior High School
Public,9-121.5mi

Price History

Date
Event
Price
11/27/23
Sold
$297,000
09/26/13
Sold
$360,000
06/01/10
Sold
$320,000
Condition Rating
Good

Built in 2006, this unit is move-in ready with a well-maintained and modern aesthetic. The kitchen features updated cabinetry, onyx countertops, and stainless steel appliances, while the bathroom boasts contemporary fixtures and mosaic tiling. All major systems, including central air/heat and in-unit laundry, appear functional and in good condition. While some components are updated, it hasn't undergone a full recent renovation to qualify as 'Excellent', but it shows minimal wear and tear consistent with a 'Good' rating.
Pros & Cons

Pros

Prime Urban Location: Situated in the vibrant heart of DTLA's historic Little Tokyo, offering unparalleled access to diverse shops, restaurants, cultural attractions like the Arts District, Grand Central Market, Union Station, and entertainment venues.
Extensive Community Amenities: The Teramachi condominium provides a rich array of amenities including a central courtyard with koi pond, fitness center, guest lounges, community room, barbecues, guest parking, and 24-hour front desk/security, enhancing resident lifestyle and convenience.
Modern & Well-Equipped Unit: The unit features a 'cook's kitchen' with onyx countertops, updated cabinetry, stainless steel appliances, central air & heat, in-unit washer & dryer, and assigned parking, ensuring a comfortable and move-in ready living experience.
Abundant Natural Light & Balcony: A south-facing living room with a full-length slider ensures sun-drenched afternoons, complemented by a spacious balcony offering peaceful courtyard views, adding to the unit's appeal and livability.
Enhanced Security & Services: The presence of a 24-hour front desk and security station provides residents with peace of mind, convenience, and a secure living environment.

Cons

MLS Listing Discrepancy: 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.
Age-Restricted Community: As a 55+ adult condominium, the property's marketability is significantly limited to a specific demographic, potentially impacting resale value and time on market.
High Association Fees: The monthly association fee of $968 is exceptionally high for a 1-bedroom, 690 sqft unit, substantially increasing the total cost of ownership and potentially deterring a broad range of buyers.
Compact Unit Size: With only 690 sqft, the unit offers limited living space, which may not meet the needs or preferences of buyers seeking more expansive accommodations, especially when considering the high HOA fees.
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