
Los Angeles, California 90012
This Spacious Little Tokyo Condo is a Strong Value Opportunity, listed at $349,000—positioned well below the $370,516 Fair Market Value by 5%. This valuation gap offers $21,516 in Instant Equity for the incoming owner. Maintaining a Good Condition Rating, the residence features the building's largest one-bedroom floor plan, complete with a granite kitchen, stainless steel appliances, and floor-to-ceiling windows showcasing city light views. Located in the premier Teramachi 55+ community, the property offers a secure, amenity-rich lifestyle near the Arts District and Union Station. This is an exceptional acquisition for active seniors or retirees seeking a turnkey urban retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 267 S San Pedro Street 221 Subject | $349,000* List Price | 1 | 1 | 800 | $463 | - |
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 121 S Hope Street 321 Sold | $365,000 | 1 | 1 | 793 | $460 | 0.7 mi |
D 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, this property falls within the 10-20 year age range for a 'good' rating. The unit is move-in ready and well-maintained, featuring a functional kitchen with granite countertops and stainless steel appliances. While the finishes reflect the original construction style, the property shows minimal wear and tear, and major systems like central HVAC and in-unit laundry are present and functional.
Situated in the heart of Little Tokyo, this property offers exceptional walkability to world-class dining, the Arts District, and major transit hubs like Union Station.
The Teramachi complex provides a resort-like lifestyle with 24-hour security, a fitness center, a central courtyard with a koi pond, and rare guest parking.
As the building's largest one-bedroom floor plan, the unit features floor-to-ceiling windows, city light views, and modern conveniences like in-unit laundry and central air.
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 55+ adult community requirement significantly limits the pool of potential buyers and may impact long-term resale liquidity.
At $1,045 per month, the association fees are relatively high for a one-bedroom unit, which may be a deterrent for budget-conscious buyers.
Located in the heart of DTLA's historic Little Tokyo, this east facing condo features the building's largest one bedroom, one bathroom floor plan. Features include a spacious living room with Juliet balcony, dining area and cook's kitchen with granite counter tops, abundant cabinet space and stainless steel appliances. Floor to ceiling windows & sliders, in the bedroom and living room, afford city lights views and sun drenched mornings. Additional qualities include central air & heat, in-unit washer & dryer and one secure, assigned parking space. 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, Union Station, Dodger Stadium, Dorothy Chandler Pavilion & 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 | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 800 | 1,006 | 35% |
| Lot Size | 64,671 | 64,671 | 50% |
| Price | $349.0K | $625.0K | 6% |
| Price per sq ft | $436 | $582 | 13% |
| Built year | 2006 | 2005 | 61% |
| HOA | $1045.0 | $821 | 71% |
| Days on market | 30 | 230 | 3% |
Mar 23, 2026
$349,000
Initial Listing
Mar 12, 2008
$300,000
Public Record