
Los Angeles, California 90012
This Teramachi Senior Condominium is listed at $299,900, representing a stable market entry closely aligned with its $291,491 Fair Market Value. Currently holding a Fair Condition Rating, the unit provides a functional 690 sqft layout with a private balcony and in-unit laundry, offering a prime opportunity for cosmetic personalization to the kitchen and flooring. The gated community features premium amenities including a pool, sauna, and fitness center within the Los Angeles Unified district. This residence is an ideal urban retreat for active seniors or retirees prioritizing security, culture, and a walkable lifestyle in Little Tokyo.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 267 S San Pedro Street Subject | $299,900* List Price | 1 | 1 | 690 | $422 | - |
A 100 S Alameda Street 162 Sold | $342,300 | 1 | 1 | 735 | $466 | 0.3 mi |
B 121 S Hope Street 321 Sold | $365,000 | 1 | 1 | 793 | $460 | 0.7 mi |
C 267 S San Pedro 502 Active | $345,000 List Price | 1 | 1 | 690 | $500 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2006, this property is 18 years old. While structurally sound, the interior shows its age with outdated styles and features in key areas. The kitchen features original light wood cabinets, dark countertops, and an older electric coil range. The bathroom vanity, countertop, and light fixtures are also dated. The carpet in the living areas and bedroom appears worn. These elements are functional but would require minor cosmetic updates to align with current aesthetic standards, fitting the 'Fair' condition criteria.
Situated in the vibrant heart of Little Tokyo, Downtown LA, offering unparalleled access to shopping, dining, cultural attractions, and public transportation within walking distance.
The Teramachi community provides a rich array of amenities including a sauna, well-equipped fitness facility, and a large two-story multi-purpose room with kitchen, fostering an active and social lifestyle.
The unit includes desirable features such as in-unit laundry, a private balcony, and a secured parking space, enhancing daily living comfort and convenience.
The $911.0 monthly association fee is significantly high for a 1-bedroom unit, which could be a deterrent for potential buyers and impact long-term affordability.
While a strength for its target market, the 55+ age restriction severely limits the potential buyer pool, potentially leading to longer market times and reduced demand.
At 690 sqft, the condominium offers a relatively compact living space, which might be perceived as small by some buyers, especially when considering the high HOA fees.
Welcome to your ideal retreat within the serene Teramachi community, a gated 55+ senior facility located in the vibrant heart of Little Tokyo, Downtown Los Angeles. This delightful one-bedroom, one-bath condominium offers a perfect blend of modern living and community-oriented amenities. Step inside to discover a thoughtfully designed layout featuring an in-unit laundry for added convenience. Enjoy the comfort of modern amenities as you relax in your cozy living space, which opens up to a private balcony. This unit has one secured parking space, complemented by available guest parking for visitors. The Teramachi community truly enhances your lifestyle with an array of fantastic association amenities, including a sauna for relaxation, a well-equipped fitness facility, and a spacious two-story multi-purpose room. This versatile space can be reserved for family gatherings and features its own kitchen, alongside tables for dining and activities such as card, pool, and ping pong tables. Convenience is at your doorstep, with shopping, restaurants, and transportation options just a short walk away. Embrace the area's rich culture and arts, with access to museums and cultural centers within Little Tokyo. Experience a vibrant, fulfilling lifestyle in this exceptional condominium, where comfort, security, and community unite seamlessly. Don’t miss the opportunity to make this charming home your own!
No exterior & parking available.
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 | 690 | 1,006 | 6% |
| Lot Size | - | 64,671 | 6% |
| Price | $299.9K | $625.0K | 3% |
| Price per sq ft | $435 | $582 | 13% |
| Built year | 2006 | 2005 | 61% |
| HOA | $911.0 | $821 | 68% |
| Days on market | 346 | 231 | 84% |
Nov 17, 2025
$299,900
$319,900
-6% Price Drop
Initial Listing
Nov 1, 2025
$319,900
Initial Listing
May 11, 2025
$334,900
Initial Listing