267 S San Pedro Street 508, Los Angeles, California 90012, Los Angeles, 90012 - 2 bed, 2 bath
267 S San Pedro Street 508
Los Angeles, California 90012
Property Price
SUMMARY
Analysis of 267 S San Pedro Street 508, Los Angeles, California 90012 is currently available with a list price of $382,000. 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.
Built in 2006, this property is approximately 18 years old, placing it within the 'good' category criteria. The unit is move-in ready and appears well-maintained with no immediate renovations required. The kitchen features desirable granite countertops and stainless steel appliances, while the living areas include functional central HVAC and a mix of wood-style flooring and clean carpeting. Although the cabinetry and fixtures reflect the original 2006 builder style rather than a recent full renovation, the overall condition shows minimal wear and tear.
PROSSTRENGTHS & OPPORTUNITIES
- Prime DTLA Location
Situated in the heart of historic Little Tokyo, the property offers exceptional walkability to world-class dining, the Arts District, and major transit hubs like Union Station.
- Comprehensive Senior Amenities
The Teramachi complex provides a high-end lifestyle with 24-hour security, a fitness center, a serene koi pond, and social lounges specifically tailored for active adult living.
- Modern & Functional Interior
This unit features a flexible floor plan with granite countertops, stainless steel appliances, central HVAC, and in-unit laundry, ensuring contemporary comfort and convenience.
CONSRISKS & DEFICIENCIES
- 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.
- High Association Fees
The monthly HOA fee of $1,172 is substantial and may be a deterrent for budget-conscious buyers or those looking for lower monthly carrying costs.
- Restrictive 55+ Community
As a senior-only condominium, the property is limited to a specific age demographic, which significantly narrows the pool of potential buyers and impacts future resale liquidity.
About 267 S San Pedro Street 508
Teramachi is a senior condominium complex in the heart of DTLA's historic Little Tokyo. Offered is this inviting unit in a serene setting. Features include a flexible floor plan with two bedrooms, two bathrooms, cook's kitchen with granite counter tops, an abundance of cabinetry & stainless steel appliances, dining area and living room with private balcony. The guest bedroom, with custom closet organizer, opens to the living room, affording the flexibility to use as a den or tv room. The west facing living room, with a full length slider, provides an abundance of natural light. Additional qualities include central air & heat, washer & dryer and one 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!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2006
- Lot Size
- 64,671 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1172.0 / 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 | 2.0 | 1.5 | 50% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 970 | 1,007 | 35% |
| Lot Size | 64,671 | 64,671 | 50% |
| Price | $382.0K | $589.5K | 12% |
| Price per sq ft | $394 | $552 | 3% |
| Built year | 2006 | 1985 | 71% |
| HOA | $1172.0 | $773 | 85% |
| Days on market | 17 | 191 | 3% |
Pricing History
Listed for Sale
Feb 17, 2026
$382,000
Initial Listing
Sold
May 24, 2018
$472,000
Public Record
Sold
Jan 15, 2016
$456,000
Public Record
Sold
Feb 8, 2012
$277,500
Public Record