267 S San Pedro Street 502, Los Angeles, California 90012, Los Angeles, 90012 - 1 bed, 1 bath
ACTIVE$358,000
267 S San Pedro Street 502, Los Angeles, California 90012
1Bed
1Bath
690Sqft
64,671Lot
Year Built
2006
Close
-
List price
$358K
Original List price
$378K
Price/Sqft
$519
HOA
$900
Days on market
-
Sold On
-
MLS number
WS25055760
Home ConditionGood
Features
Good View: City Lights
Deck
ViewCity Lights
About this home
We found 3 Cons,5 Pros. Rank: price - $358.0K(4th), sqft - 690(4th), beds - 1(38th), baths - 1(42th).
Welcome to Teramachi Homes, built in 2006, a great active adult (55+) condominium complex located in the heart of DTLA's historic Little Tokyo District. Nice view thru your own balcony. Community amenities include state-of-the-art fitness center, onsite hair salon & bookstore, guest lounges and entertainment center with fully equipped kitchen, central Zen garden, beautiful landscape, fountains/waterfalls, pool/spa/sauna, koi pond. Enjoy lot of art and concert districts surrounding. Many grocery markets around. HOA fee cover building and ground maintenance, clubhouse access, water, sewer and trash services.
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
08/11/25
Price Change
$358,000
03/15/25
Listing
$378,000
12/19/22
Sold
$332,000
12/05/17
Sold
$329,000
05/05/11
Sold
$250,000
Condition Rating
Good
The property, built in 2006, falls within the 'Good' condition criteria (10-20 years old). The exterior images depict a modern, well-maintained condominium building with appealing landscaping. While interior photos, particularly of the kitchen and bathrooms, are not provided, the building's relatively recent construction year and the description of 'state-of-the-art' common amenities suggest that the unit's systems are likely well-maintained and move-in ready, consistent with a 'Good' rating. It's expected that the kitchen and bathrooms, though not newly renovated, would be functional and in good condition for their age.
Pros & Cons
Pros
Prime DTLA Location: Situated in the heart of Little Tokyo, offering convenient access to cultural attractions, dining, shopping, and public transport within Downtown Los Angeles.
Extensive Resort-Style Amenities: The complex boasts a wide array of amenities including a state-of-the-art fitness center, pool/spa/sauna, Zen garden, hair salon, bookstore, guest lounges, and entertainment facilities, enhancing the resident lifestyle.
Desirable City Lights View: The unit offers a desirable city lights view from its private balcony, adding to its aesthetic appeal and value.
Modern Building Construction: Built in 2006, the property benefits from newer construction standards and potentially fewer immediate maintenance issues compared to older buildings in the area.
Comprehensive HOA Coverage: The HOA fee includes building and ground maintenance, clubhouse access, water, sewer, and trash services, simplifying living expenses for residents.
Cons
Age-Restricted Community (55+): The active adult (55+) designation significantly narrows the potential buyer pool, potentially impacting market demand and resale liquidity.
High Monthly HOA Fee: A substantial monthly association fee of $900 can be a significant financial burden and deterrent for many prospective buyers, especially for a 1-bedroom unit.
Compact Unit Size: At 690 sqft, the 1-bedroom, 1-bathroom unit is relatively small, which may not appeal to buyers seeking more spacious living arrangements.