$419,000
Original list price: $429,000
MLS: SB26058009
Beds
2
Baths
2
Sq Ft
970
Lot
1.48 ac
Year Built
2006
MLS #
SB26058009
Days on Market
82
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
Open on Google Maps ↗Listed by: Derek Hirano · Keller Williams Realty
Payment estimate
$4,460
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $41,900 · Loan: $377,100
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,388
- Property tax (1.25%)
- $436
- Homeowners insurance
- $300
- Mortgage insurance
- $157
- HOA dues
- $1,178
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 $14,665 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
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