ActiveCondominium

267 S San Pedro 315

Los Angeles, CA, 90012

1 / 42View all 42 photos

$429,000

MLS: SB26058009

Beds

2

Baths

2

Sq Ft

970

Lot

1.48 ac

Year Built

2006

MLS #

SB26058009

Days on Market

5

Listed

Mar 26, 2026

Description

Located in the historic Little Tokyo district of Downtown Los Angeles, this desirable 55+ condominium is situated in arguably one of the best locations within the Teramachi building. This updated 2-bedroom, 2-bathroom unit features a south-facing orientation that fills the living spaces with natural light. Enjoy serene courtyard views from your private balcony, offering both tranquility and privacy. With new carpet and fresh interior paint, the home showcases a spacious floor plan that includes a large walk-in closet, central air and heat, in-unit washer and dryer, and a well-equipped kitchen with stainless steel appliances, granite countertops, and a convenient dining counter. The unit includes one assigned parking space in a gated, controlled-access garage, along with additional guest parking for visitors. Teramachi residents enjoy resort-style amenities, including a beautifully landscaped courtyard with ponds and waterfalls, a fitness center, sauna, guest lounges, a two-story community room, BBQ areas, and 24-hour front desk security station - all just moments from Little Tokyo, the Arts District, Grand Central Market, Dodger Stadium, and more.

Location

Los Angeles, Los Angeles County, CA 90012

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Listed by: Derek Hirano · Keller Williams Realty

Payment estimate

$3,280

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $42,900 · Loan: $386,100

%
Principal & Interest
$2,372
Property tax (1.25%)
$447
Homeowners insurance
$300
Mortgage insurance
$161
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

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 $15,015 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

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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Only large teams outsell Mike Watson · Keller Williams Realty

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