267 S San Pedro Street 221, Los Angeles, California 90012, Los Angeles, 90012 - 1 bed, 1 bath
267 S San Pedro Street 221
Los Angeles, California 90012
Property Price
SUMMARY
Analysis of 267 S San Pedro Street 221, Los Angeles, California 90012 is currently available with a list price of $359,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property was built in 2006, making it 18 years old, which falls within the 'Good' category's age range (10-20 years). The kitchen features stainless steel appliances and granite countertops, which are functional and well-maintained, though the cabinet style and countertop pattern reflect the original build era rather than a recent, extensive renovation. The bathroom is clean and functional, also consistent with the property's age. While the carpet in the living areas appears clean, it is not new. Overall, the unit is move-in ready with no immediate renovation required, and major systems like central AC/heat and in-unit laundry are present and functional.
PROSSTRENGTHS & OPPORTUNITIES
- Exclusive 55+ Community
The property is part of Teramachi, a luxurious condominium community specifically designed for active 55+ seniors, offering a tailored and secure living environment.
- Extensive Community Amenities
Residents benefit from a wide array of amenities including a tropical courtyard garden, koi ponds, fountains, waterfalls, a fitness center, sauna, guest lounges, and a large community room.
- Prime Downtown LA Location
Situated in the heart of Downtown LA, the location provides immediate access to cultural attractions like The Arts District, MOCA, Grand Central Market, and various dining and entertainment options.
CONSRISKS & DEFICIENCIES
- Age Restriction (55+)
The mandatory 55+ age restriction for at least one occupant significantly narrows the potential buyer demographic, which could impact marketability and sale duration.
- High Association Fees
The monthly association fee of $963.1 is substantial for a 1-bedroom unit, potentially deterring some buyers due to the ongoing cost of ownership.
- Pool Under Repair
A key amenity, the community pool, is currently under repair, which may detract from the overall appeal and immediate enjoyment of the facilities for prospective residents.
About 267 S San Pedro Street 221
Discover Teramachi, a luxurious condominium community reserved for active 55+ seniors ( at least one occupant to be 55+). The residences offer modern amenities in a secure and secluded environment. This sunny, east-facing unit has one bedroom and one bath, featuring an open living and dining area, spacious foyer, and large walk-in closet, central AC and heat, washer and dryer in unit, and one parking space. The kitchen is well-equipped with stainless steel appliances, a granite countertop, and a convenient dining counter. Additional amenities include a tropical courtyard garden, serene koi ponds, fountains and waterfalls, pool ( currently under repair), fitness center, sauna, guest lounges, an impressive 2-story community room with kitchen facilities, BBQs, guest parking, and 24-hour front desk/security station. Located in the heart of Downtown LA, Teramachi offers an energetic lifestyle with nearby attractions like The Arts District, MOCA, Grand Central Market, The Broad, Walt Disney Concert Hall, LA Live, South Park, and the historic Union Station. Experience the best of dining, shopping, and entertainment, all just minutes from your doorstep.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2006
- Lot Size
- 64,558 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $963.1 / Month
Neighborhood Insights
Los Angeles Unified Schools
Ninth Street School
Grades K-5 • 0.9 mi
Hollenbeck Middle School
Grades 6-8 • 2.0 mi
Belmont Senior High School
Grades 9-12 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 800 | 1,007 | 26% |
| Lot Size | 64,558 | 64,671 | 47% |
| Price | $359.0K | $589.5K | 6% |
| Price per sq ft | $449 | $552 | 18% |
| Built year | 2006 | 1985 | 71% |
| HOA | $963.1 | $773 | 71% |
| Days on market | 277 | 197 | 85% |
Pricing History
Listed for Sale
Sep 30, 2025
$359,000
$375,000
-4% Price Drop
Initial Listing
Price Change
Jun 2, 2025
$375,000
Initial Listing
Sold
Mar 12, 2008
$300,000
Public Record