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 home-pic-0
ACTIVE$359,000
267 S San Pedro Street 221, Los Angeles, California 90012
1Bed
1Bath
800Sqft
64,558Lot
Year Built
2006
Close
-
List price
$359K
Original List price
$375K
Price/Sqft
$449
HOA
$963.1
Days on market
-
Sold On
-
MLS number
25546535
Home ConditionGood
Features
Good View: City Lights
Pool
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $359.0K(4th), sqft - 800(24th), beds - 1(40th), baths - 1(44th).

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.

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
09/30/25
Price Change
$359,000-4.3%
06/02/25
Listing
$375,000
03/12/08
Sold
$300,000
Condition Rating
Good

Built in 2006, this unit is 18 years old, falling within the 'Good' category's age range. It is move-in ready with no immediate renovations required. The kitchen features stainless steel appliances and granite countertops, which are well-maintained and functional. The unit benefits from central AC/heat and in-unit laundry. While the kitchen and bathroom tile and the carpet in the living areas are not newly updated, they appear clean and in good condition with minimal wear and tear, indicating regular upkeep. All major systems are functional and within their expected lifespan.
Pros & Cons

Pros

Prime Downtown LA Location: Situated in the vibrant heart of Downtown LA, offering immediate access to major cultural attractions, dining, shopping, and entertainment, promoting an energetic lifestyle.
Extensive Community Amenities: The Teramachi community boasts a tropical courtyard, koi ponds, fitness center, sauna, guest lounges, a large community room, BBQs, guest parking, and 24-hour security.
Modern Unit Features: The unit includes central AC/heat, in-unit washer/dryer, a well-equipped kitchen with stainless steel appliances and granite countertops, a spacious walk-in closet, and one dedicated parking space.
Secure & Well-Maintained Environment: Described as a luxurious, secure, and secluded community with 24-hour front desk/security, ensuring peace of mind for residents.
Desirable City Lights View: The unit offers an appealing 'City Lights' view, enhancing its aesthetic value and living experience.

Cons

Age-Restricted Community: The property is part of an active 55+ senior community, which significantly limits the potential buyer pool and marketability.
High Association Fees: The monthly association fee of $963.1 is substantial, adding a significant recurring cost to ownership.
Community Pool Under Repair: A key recreational amenity, the community pool, is currently under repair, which may be a temporary inconvenience for residents.

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