267 S San Pedro Street 306, Los Angeles, California 90012, Los Angeles, 90012 - 2 bed, 2 bath
ACTIVE$399,000
267 S San Pedro Street 306, Los Angeles, California 90012
2Beds
2Baths
970Sqft
64,651.75Lot
Year Built
2006
Close
-
List price
$399K
Original List price
$399K
Price/Sqft
$411
HOA
$1,088.7
Days on market
-
Sold On
-
MLS number
25621117
Home ConditionGood
Features
Deck
Pool
Spa
View-
About this home
We found 4 Cons,5 Pros. Rank: price - $399.0K(12th), sqft - 970(42th), beds - 2(50th), baths - 2(50th).
Contemporary condo a the Teramachi building in Downtown LA little Tokyo neighborhood. West facing unit with 2 bedrooms and 2 baths, balcony, washer and dryer, stainless kitchen, and dining area. One secure parking space included and guest parking available. The building features a pool, sun deck, spa, gardens with koi pond, fitness center, sauna, community recreation room, community barbecues, and 24-hour front desk/security. Close to Little Tokyo & Arts District shops and tons of restaurants. Teramachi is a senior (55 years +) building, meaning that if you are under 55 years old you cannot live there.
Nearby schools
5/10
Ninth Street School
Public,•K-5•0.9mi
6/10
Hollenbeck Middle School
Public,•6-8•2.0mi
3/10
Belmont Senior High School
Public,•9-12•1.5mi
Price History
Date
Event
Price
11/21/25
Listing
$399,000
06/22/20
Sold
$340,000
03/25/15
Sold
$430,000
Condition Rating
Good
The property, built in 2006, is 18 years old, fitting perfectly within the 'Good' score's age criteria (10-20 years old). The description highlights a 'contemporary condo' with a 'stainless kitchen' and in-unit washer/dryer. While specific images of the kitchen and bathrooms are not provided, the bedroom image shows fresh paint, clean carpet, and modern recessed lighting, indicating a well-maintained and move-in ready condition. The overall appearance suggests minimal wear and tear, aligning with a property that is functional and does not require immediate renovations.
Pros & Cons
Pros
Prime Urban Location: Situated in the vibrant Little Tokyo neighborhood of Downtown LA, offering immediate access to diverse dining, shopping, and cultural attractions in both Little Tokyo and the Arts District.
Extensive Building Amenities: The Teramachi building boasts a comprehensive suite of amenities including a pool, sun deck, spa, fitness center, sauna, community rooms, and gardens with a koi pond, providing a resort-like living experience.
Modern Unit Features: The contemporary condo includes desirable features such as 2 bedrooms, 2 bathrooms, a private balcony, in-unit washer/dryer, and a stainless steel kitchen, appealing to modern living standards.
Secure Parking: The inclusion of one secure parking space and available guest parking is a significant advantage in a dense urban environment like Downtown LA.
24-Hour Security/Front Desk: The presence of a 24-hour front desk and security enhances resident safety, convenience, and peace of mind.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =64651, other record lot size in square feet = 64558.
Age Restriction (55+ Community): The property is located within a 55+ senior community, severely limiting the potential buyer pool and marketability.
High Association Fees: The monthly association fee of $1088.70 is exceptionally high, significantly increasing the total cost of ownership and potentially deterring buyers.
Lack of View: The unit is listed as having 'None' for a view, which can be a drawback for a condo, especially in a high-rise urban setting where views are often a premium feature.