267 S San Pedro 218
Los Angeles, CA, 90012
$485,000
MLS: SR26108587
Beds
2
Baths
2
Sq Ft
970
Lot
1.48 ac
Year Built
2006
MLS #
SR26108587
Days on Market
29
Listed
May 18, 2026
Description
Welcome to Teramachi, a desirable 55+ senior condominium community in the heart of Little Tokyo. This bright and inviting unit features 2 bedrooms and 2 bathrooms with a flexible floor plan, allowing the second bedroom to also function as a den or office. The kitchen offers granite countertops, stainless steel appliances, and ample cabinetry, opening to the dining and living areas filled with natural light and access to a private balcony. Additional features include central A/C & heat, in-unit washer and dryer, custom closet organizers, and one assigned parking space. Teramachi offers exceptional amenities including a peaceful courtyard with koi pond, fitness center, community lounges, recreation room, barbecue areas, guest parking, and 24-hour front desk/security. One unique feature of this community is the guest suites available for residents’ visitors, providing a comfortable and convenient overnight stay for family and friends. Conveniently located near shops, restaurants, the Arts District, Grand Central Market, and Union Station.
Location
Los Angeles, Los Angeles County, CA 90012
Open on Google Maps ↗Listed by: Arezou Salarpour · Equity Union
Payment estimate
$4,922
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $48,500 · Loan: $436,500
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,765
- Property tax (1.25%)
- $505
- Homeowners insurance
- $300
- Mortgage insurance
- $182
- HOA dues
- $1,170
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $16,975 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90012 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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