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267 S San Pedro Street 321, Los Angeles, California 90012, Los Angeles, 90012 - 1 bed, 1 bath

267 S San Pedro Street 321, Los Angeles, California 90012 home-pic-0
ACTIVE$369,000
267 S San Pedro Street 321, Los Angeles, California 90012
1Bed
1Bath
800Sqft
64,671Lot
Year Built
2006
Close
-
List price
$369K
Original List price
$369K
Price/Sqft
$461
HOA
$830
Days on market
-
Sold On
-
MLS number
25541285
Home ConditionGood
Features
Pool
Spa
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $369.0K(4th), sqft - 800(24th), beds - 1(40th), baths - 1(44th).

Welcome and come see tremendous value in this 1 bedroom unit at the Teramachi Complex!! This is a premier senior building (55+) with 24 hours security located close to main arteries of Little Tokyo and many famous urbane attractions such as Disney Concert Hall and Geffen Contemporary. The unit is well equipped with all stainless appliances, dual paned windows and central HVAC. Unit also has a dedicated laundry tucked in closet area of a large bathroom. The generous size bedroom with large windows offer abundant natural light throughout. Complex offers numerous gest parking spots, outdoor pool and jacuzzi (currently being worked on), exercise/fitness suites, communal barbeque areas and beautiful 2 stories resident lounge/clubhouse. Enjoy the convenience of close proximity to many recreation, eateries and historic DTLA landmarks.

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
05/20/25
Listing
$369,000
04/06/18
Sold
$355,000
04/16/12
Sold
$280,000
05/14/10
Sold
$315,000
Condition Rating
Good
Built in 2006, this unit is 18 years old and presents as move-in ready with no immediate renovations required. The kitchen features stainless steel appliances, wood-tone cabinetry, and granite-like countertops, which are functional and well-maintained, consistent with its age. The bathroom is clean with tile flooring and a shower/tub combo. While the styles in both the kitchen and bathroom are not ultra-modern, they are in good condition and do not show significant wear or require updates. The unit benefits from central HVAC and dual-paned windows. Overall, the property's systems are well-maintained and within their expected lifespan, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Prime Location: Situated in the vibrant Little Tokyo area, offering convenient access to DTLA attractions, cultural landmarks, recreation, and diverse eateries.
Extensive Community Amenities: The Teramachi Complex provides 24-hour security, numerous guest parking spots, a fitness center, communal barbeque areas, and a two-story resident lounge/clubhouse.
Modern Unit Features: The unit is well-equipped with stainless steel appliances, dual-paned windows, central HVAC, and a dedicated in-unit laundry area, offering comfort and convenience.
Age-Restricted (55+) Community: As a premier senior building, it caters to a specific demographic seeking a secure, amenity-rich, and community-focused living environment.
Relatively Modern Construction: Built in 2006, the property benefits from more contemporary building standards and design compared to older properties in the area.

Cons

High Association Fee: The monthly association fee of $830.0 is substantial for a 1-bedroom unit, significantly increasing the overall cost of ownership.
Limited Buyer Pool: The 55+ age restriction severely narrows the potential market for resale, which could impact future liquidity and property value appreciation.
Unavailable Key Amenity: The outdoor pool and jacuzzi are currently undergoing work, meaning residents do not have immediate access to these advertised recreational facilities.

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