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

267 S San Pedro Street, Los Angeles, California 90012 home-pic-0
ACTIVE$299,900
267 S San Pedro Street, Los Angeles, California 90012
1Bed
1Bath
690Sqft
Lot
Year Built
2006
Close
-
List price
$300K
Original List price
$335K
Price/Sqft
$435
HOA
$911
Days on market
-
Sold On
-
MLS number
TR25100694
Home ConditionFair
Features
Deck
Pool
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $299.9K(4th), sqft - 690(4th), beds - 1(38th), baths - 1(42th).

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!

Price History

Date
Event
Price
11/17/25
Price Change
$299,900-6.3%
11/01/25
Price Change
$319,900
05/11/25
Listing
$334,900
Condition Rating
Fair

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 While structurally sound, the interior shows its age with outdated styles and features in key areas.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.
Pros & Cons

Pros

Exceptional Location & Walkability: Situated in the vibrant heart of Little Tokyo, Downtown LA, offering unparalleled access to shopping, dining, cultural attractions, and public transportation within walking distance.
Comprehensive Community Amenities: 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.
Modern & Convenient Unit Features: The unit includes desirable features such as in-unit laundry, a private balcony, and a secured parking space, enhancing daily living comfort and convenience.
Gated 55+ Senior Community: Offers a secure, quiet, and community-oriented environment specifically tailored for active seniors, which is a strong draw for its target demographic.
Recent Price Adjustment: A notable price reduction from the original listing price ($334,900 to $299,900) suggests increased value proposition and potential for a more attractive entry point for buyers.

Cons

High Monthly Association Fees: 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.
Age-Restricted Community (55+): 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.
Limited Unit Size: 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.

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